Under Article 2.2 of the 2024 Law on Social Insurance (the Law), which will take effect on July 1 this year, and Article 12.1.c of the Law on Health Insurance (revised in 2014 and 2024), you will have to participate in compulsory social insurance and compulsory health insurance if signing a labor contract of a term of full 12 months or longer with a Vietnam-based employer to work in the country, unless:

(i) You are internally transferred within a company in accordance with the law on foreigners working in Vietnam;

(ii) By the time of entering into the labor contract, you have reached the retirement age. Please note that according to the roadmap to increase the retirement age for employees over the years in Vietnam specified in Article 169.2 of the 2019 Labor Code, the retirement age applied in 2025 is 61 years and three months for men and 56 years and eight months for women;  

(iii) It is otherwise provided by treaties to which the Socialist Republic of Vietnam is a contracting party.