Vietnam Business Law

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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:

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