Foreign workers to pay social insurance

The Ministry of Labour, Invalids and Social Affairs and Việt Nam Social Security (VSS) have been working with other countries on bilateral agreements to ensure the benefits to foreign workers employed in Việt Nam who are required to make social insurance payments.

[…]From January 1, 2022, employers will have to contribute 14 per cent of the employee’s monthly salary into the retirement and survivor benefits fund. From January 1, 2022, the employee’s contribution to the retirement and survivor benefits fund is set at 8 per cent of their monthly salary, equivalent to the amount Vietnamese workers have to contribute.

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VNS Reporter