Vietnam

JULY 2024

• Increase in the Base Salary and the Regional Minimum Wages

APRIL 2024

• Official Dispatch proposing to swap working days on the occasion of Victory Day, April 30, and International Labor Day, May 1

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

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

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

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