Legal Updates

2017-11-15

Increasing the common minimum wage from 01st July, 2018

The current common minimum wage applied is 1,300,000, effect from 01st July, 2017 under the Resolution No.27/2016/QH14 on state budget estimate in 2017 and the Decree No.47/2017/NĐ-CP providing for...

Closing procedure for SI books were reviewed and returned to employees for their management

According to Article 18 in the Law on Social Insurance 2014, social insurance book (SI book) will be kept and maintained by employee. Therefore, the Ho Chi Minh City...
2017-11-15

A fine twice as much for individual and enterprise who has not make payment for natural disaster prevention and control funds

According to clause 4, Article 8 in the Decree No. 94/2014/ND-CP on the setting up and management of natural disaster prevention and control funds “Deadlines for payment: Individuals shall...
2017-11-01

New key points of Decision No. 595/QD-BHXH promulgating provisions on management of collection of compulsory social insurance

Subjects of compulsory social insurance contribution From 01st Jan, 2018: Persons working under labor contracts with a term of between full 1 month and under 3 months (excepting probation...
2017-10-25

Procedure for social insurance book after returning to employees

On 14th October, 2016 Vietnam Social Insurance Department has issued the Official Letter No 4027/BHXH-ST to guide check-up and handover social insurance book (SI book) to employees. After finishing...
2017-08-23

Proposal to increase the region-based minimum wages in 2018

On August 07th 2017, The National Wage Council (NWC) adopted the proposal of raising region-based minimum wages in 2018, which will be submitted to the Prime Minister for consideration...
2017-08-08

The exchange rate for social insurance contribution for second half of Y2017

Pursuant to point a, clause 7, Section D of the Circular 03/2007/TT-BLDTBXH, the official exchange rate for second half of year is the average exchange rate on inter-bank foreign...
2017-08-08

The important changes on contribution of compulsory social insurance

On 01st June, 2017, Vietnam Social Insurance department issued the Official Letter No. 2159/BHXH-BT guiding on premium of occupational accident and disease insurance fund and collection of social insurance,...
2017-08-08

Decrease contribution rate of unemployment insurance for employers in Y2017

According to the Article 51 in the Law on Employment 2013, the levels of and responsibility to pay unemployment insurance premiums are specified as follows: Employees shall pay unemployment...
2017-04-25

From 01st july, 2017: the common minimum wage increase from 1.210.000 to 1.300.000 per month

FROM 01st JULY, 2017: THE COMMON MINIMUM WAGE INCREASE FROM 1.210.000 TO 1.300.000 PER MONTH The current common minimum wage is 1,210,000 applied from 01st May, 2016 according to...
2017-04-10