FOREIGN EMPLOYEES shall be subjected to compulsory social insurance

MONday - 22/10/2018 10:11

Foreign employees working in Viet Nam shall be required to pay social insurance premiums since December 1, 2018, according to the Government’s recent Decree

The new regulation shall only be applied to foreign nationals who are granted work permits by Vietnamese competent authorities and work under labor contract of at least one year

The compulsory social insurance package shall cover sickness, maternity, workplace accidents, occupational diseases, retirement, and death.

Since January 1, 2022, foreign employees shall have to pay a monthly premium of 8% of their income to the retirement and death fund, according to the Decree.