Social Insurance Contribution and Trade Union Fees in Vietnam
In Vietnam, an employer and its employees must together contribute 32% of the employee’s salary to the social insurance funds (including: social insurance, health insurance, Occupational Accidents and Diseases Insurance and unemployment insurance). However, the employee’s salary used for calculating social insurance contribution is currently capped at about US$ 1,100/month (20 months of current minimum salary). The detail breakdown is as follows: