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Vietnam
Country Overview
| Currency | VND |
|---|---|
| Payroll cycle | Monthly, 13th salary paid on Lunar New Year or the end of the year |
| Employer Contributions | SI,HI,UI - 17.5%,3%,1% |
| Minimum wage | 3,250,000 VND to 4,680,000 VND |
| Working hours | Maximum 8 hours a day, 48 hours a week |
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Latest HR Statutory Updates
2024
APRIL 2024
Official Dispatch proposing to swap working days on the occasion of Victory Day, April 30, and International Labor Day, May 1
2023
JULY 2023
Increase in the salary cap for Insurance contribution
JUNE 2023
Monthly funeral allowance and survivorship allowance
MAY 2023
No Statutory Updates
APRIL 2023
No Statutory Updates
MARCH 2023
No Statutory Updates
FEBRUARY 2023
No Statutory Updates
JANUARY 2023
No Statutory Updates
2022
DECEMBER 2022
No Statutory Updates
NOVEMBER 2022
No Statutory Updates
OCTOBER 2022
No Statutory Updates
SEPTEMBER 2022
Increase the Retirement Age of Employees in 2023
The Rate of Payment of Compulsory Social Insurance, Unemployment Insurance and Health Insurance from October 1, 2022
AUGUST 2022
No Statutory Updates
JULY 2022
No Statutory Updates
JUNE 2022
Increase The Maximum Unemployment Benefit from July
Regional Minimum Wage to Increase Starting in July
MAY 2022
No Statutory Updates
APRIL 2022
No Statutory Updates
MARCH 2022
No Statutory Updates
FEBRUARY 2022
No Statutory Updates
JANUARY 2022
No Statutory Updates
2021
DECEMBER 2021
No Statutory Updates
NOVEMBER 2021
Increase retirement age in 2022
OCTOBER 2021
No Statutory Updates
SEPTEMBER 2021
Changes in rate of Compulsory Social Insurance, Unemployment Insurance, Health Insurance from October 1, 2021
Changes in rate of Compulsory social insurance, unemployment insurance, health insurance from July 1, 2022- for enterprises operating in occupations with high risks of occupational accidents and diseases
AUGUST 2021
No Statutory Updates
JULY 2021
Changes in rate of contribution to Social Insurance – Labour Accident and Occupational Disease
JUNE 2021
No Statutory Updates
MAY 2021
From May 15, the employees participating in unemployment insurance are supported with vocational training
Vietnam Social Security News Gross payment of pension and social insurance allowance in May and June of 2021 for COVID-19 prevention
APRIL 2021
No Statutory Updates
MARCH 2021
The Vietnam’s Social Insurance industry to issue the new model health insurance card from April 1, 2021
FEBRUARY 2021
In 03 cases, individuals are entitled to PIT refund
New: 1,838 occupations, the job is retired before the age
A series of new policies on Labor – Salary from February 1, 2021
The adjusted salary level for calculating social insurance payment applies from 01/01/2021
People who retire before January 1, 2021 are entitled to an increase in their pension
Public Holidays
JANUARY 2021
2021 Leave: Workers need to know these things
2020
DECEMBER 2020
Bonus Tet, Lunar New Year 2021: Answering 06 questions
Officially change the concept of ’employee, labor contract’ from 01/01/2021
Labor policy – salary, social insurance, health insurance takes effect from 01/01/2021
Employee’s Overtime Consent form as per Decree 145/2020/ND-CP
Income calculated for payment and excluding compulsory social insurance contributions in 2021
There is a Law on Vietnamese workers working abroad under contracts 2020
8 new rules that employees need to know before signing a labor contract from 2021
NOVEMBER 2020
05 new policies on employee’s salary will be applied from 01/01/2021
03 new policies on compulsory social insurance and health insurance will be applied from 2021
05 provisions to know about employees’ employment contracts
From 01/01/2021, employees can lose their jobs immediately if they commit the following mistakes
The rate of payment of compulsory social insurance, unemployment insurance and health insurance premium in 2021 for employees
From 2021, when paying full 20 years of social insurance, how much pension / month?
OCTOBER 2020
05 groups of subjects that are required to participate in health insurance 2021
Conditions for entitlement and pension entitlement to 2021 employees need to know
Modifications to the workers’ income to be applied from 2021
Salary policy 2021 of cadres, civil servants, public employees and employees
04 cases are signed multiple times the labor contract with definite term from 2021
New points about the annual leave, holidays, private affairs of employees from 2021
Salary for calculating compulsory social insurance, health insurance and unemployment insurance
New: How to calculate monthly pension from 01/01/2021
SEPTEMBER 2020
The time limit for notification before unilaterally terminating a labor contract is from 01/01/2021
02 cases where the employee is entitled to retire before the age of up to 10 years from 01/01/2021
Many important changes in policies on social insurance and health insurance since January 1, 2021
13 cases of labor contract termination applied from 01/01/2021
In 05 cases, employees need to know about one-time social insurance
To strictly strengthen occupational safety from October 2020
56 New Regulations Apply from January 1, 2021 that Businesses and Employees Need to Know
Compulsory Social Insurance (Section 1. Sickness Regime)
AUGUST 2020
Holiday Calendar for National Day 02/9, 2020
Increase in Minimum Wage Base Postponed
12 New Points About Working and Resting Hours from 01/01/2021 Employees Need to Know
10 Cases Where The Employee is Entitled to Take Leave and Enjoy the Full Salary from 2021
10 Compulsory Contents in the Labor Contract from 01/01/2021
08 New Points About the Labor Discipline from 01/01/2021 Enterprises, Employees Need to Know
The List of Occupations and Jobs Retired Before the Age of Up To 5 Years
Strictly Increasing Labor Safety from October 2020
Salary, Bonus and Annual Leave of Employees From 2021
How to Look Up an Employee’s Retirement Year Is Based on The Year of Birth From 2021
Continuing the Suspension of Contributions to The Retirement and Survivorship Fund Until the End Of 2020
Payment of Maternity Benefit: In Case Postponing Payment of Contributions to Retirement and Survivor Benefit Funds in Covid-19 Pandemic
Add Replaceable Documents in Your Unemployment Insurance Claim
Conditions and Levels of Support for Labor Rehabilitation Expenses from September 15, 2020
Adjusting the Maximum Level of Support in Occupational Medical Examination And Treatment
New Decree Issued by The Government Giving Guidance on Occupational Accident and Disease Insurance
Change of Employee’s Pension Entitlement Level From 01/01/2021
JULY 2020
Changes to Overtime Cap as of 1 January 2021
Changes to Retirement Ages as of 1 January 2021
Allowances, benefits, bonuses are not subject to PIT
Five points to note when signing labor contracts under Decree 68/2000 / ND-CP
10 new points on salaries and bonuses from 2021 employees need to know
The method of calculating compulsory social insurance, health insurance and unemployment insurance premium must be paid monthly
JUNE 2020
Increased Family Circumstance Deductions
Increase in Minimum Wage Base
Increased Family Circumstance Deductions
Changes in rate of contribution to Social Insurance- Labour Accident and Occupational Disease
Guidelines Relating to Changes in Rate of Contribution to Social Insurance- Labour Accident and Occupational Disease
MAY 2020
No Statutory Updates
APRIL 2020
Applying labour laws during COVID-19 outbreak
Temporary suspension of contribution to the retirement fund etc. if COVID-19 epidemic will not be in remission by the end of June 2020
Dossiers and procedures for tax payment extension due to COVID-19 effect
Employees temporarily suspending labour contracts or taking leave without pay to be supported
Holiday 30/4 and 01/5 2020 holiday for employees
MARCH 2020
No Statutory Updates
FEBRUARY 2020
Vietnam Updated Labor Code No. 45/2019/QH14
JANUARY 2020
No Statutory Updates