From December 1, 2018, employees who are foreign citizens working in Vietnam are/are not eligible to participate in compulsory social insurance if they either:

Subjects participating in compulsory social insurance

Subjects participating in voluntary social insurance

Have a work permit, a practising certificate or a practising license issued by a competent authority of Vietnam

Have indefinite-term labor contracts, definite-term labor contracts with a full term of 1 year or more for employers in Vietnam

Move within the enterprise according to the Labor Code on foreign workers working in Vietnam

Reach the retirement age as prescribed in Clause 1, Article 187 of the Labor Code

Contribution rate

Based on the employee's salary fund for participating in social insurance, the contribution rate of the employer and foreign workers is as follows:

December 1, 2018

Employers

Contribute 3% to the sickness and maternity fund

Contribute 0.5% to the labor accident and occupational disease fund

January 1, 2022

Employers

Contribute 3% to the sickness and maternity fund

Contribute 0.5% to the labor accident and occupational disease fund

Contribute 14% to the retirement and survivorship fund

Workers

Contribute 8% to the retirement and survivorship fund

Overall situation

Total number of FDI enterprises participating in social, health and unemployment insurance

Total number of employees of FDI enterprises participating in social, health and unemployment insurance

Average salary of employees of FDI enterprises participating in social, health and unemployment insurance

5,733,219 VND/person/month

6,020,594 VND/person/month