Vietnam

• New Year's Day
• New Year Holiday
• Tet Holidays
• Hung Kings Commemoration Day
• Reunification Day
• International Labour Day
• Reunification Day Holiday
• National Day
• National Day Holiday

Working Hours

Employees can work up to eight hours a day, or 48 hours per week.

Minimum Wage

VND 3,250,000 to 4,680,000 per month, depending on the region.

Employee Tax

Annual income	Tax rate
Up to VND ​​5,000,000	5%
VND 5,000,001 – 10,000,000	10%
VND 10,000,001 – 18,000,000	15%
VND 18,000,001 – 32,000,000	20%
VND 32,000,001 – 52,000,000	25%
VND 52,000,001 – 80,000,000	30%
More than VND 80,000,000	35%
Social insurance contribution	8%
Health insurance contribution	1.5%
Unemployment insurance contribution	1%

Bonuses

There are no statutory bonus schemes in Vietnam, but a 13th month salary is customary.

Employment contracts in Vietnam should be written in Vietnamese, unless they are for temporary work of less than three months. All contracts should include:

• Job title and responsibilities
• Workplace
• Working hours
• Salary
• Contract length (if applicable)
• Personal protective equipment provision
• Social and health insurance provision
• Training and skills provision

Fixed-term contracts are permitted in Vietnam for up to 36 months.

Annual Leave

Minimum of 12 days' paid holiday per year after 12 months of service.

Sick Leave

Up to 12 months’ consecutive leave, depending on the employee’s contract term. Employers are not obligated to pay the employee during this time, though the employee may be able to claim from the Social Insurance Fund.

Parental Leave

• Maternity leave: at least six months' paid leave, provided the employee has at least six months of service.
• Paternity leave: 5-14 days' paid leave.

Termination Process

Employers in Vietnam can dismiss employees on several grounds, including:

• Repeated failure to perform the contracted work
• Serious misconduct
• Repeated offences
• Taking 20 days off in one year without proper authorisation
• Lengthy illness

Employees can also end a contract by giving at least 45 days' notice.

Severance Pay

The amount of severance pay in Vietnam depends on the reason for termination.

Redundancy pay is equal to one month’s salary for each year of employment. Termination for other reasons (excluding misconduct and repeated absences) entitles the employee to half a month’s salary for each year of service.

Under a Mauve Group Employer of Record solution, clients and workers can reap the benefits of Mauve’s Global Master Insurance Programme – a market-leading unified corporate insurance programme that connects all Mauve entities to its two preferred providers.

The insurance provides coverage in overseas locations through a combination of the master policy and its linked local policies, where required by law in certain jurisdictions. The policies include:

• Employer’s Liability and Public Liability - £10,000,000 combined limit.
• Professional Indemnity - £5,000,000 limit.
• Worker’s Compensation – Limit is dependent on location of work.

For specific information about statutory and recommended insurances in your chosen country, get in touch with Mauve.