Vietnam
General Overview
- Currency: Vietnamese Dong (VND)
- Languages: Vietnamese
- Public Holidays: 11 days
- Capital: Hanoi
- Fiscal Year: 1 January - 31 December
- Minimum Hourly Wage: 22,500 VND/hour
Tax Essentials
- Income Tax Range: 5-35%
- Other Taxes: VAT 10%
Social Security Contributions
- Employer Charges: Employer contributions 22%
- Employee Charges: Employee contributions 10.5%
Employment Contracts & Conditions
- Contract Types: Permanent, Temporary
- Trial Periods: Up to 3 months
- Paid Holiday: 12 days per year
- Salary Payment Frequencies: Monthly
- Termination Notice: 1 month
Legal Benefits for Employees
- Medical Coverage: Public healthcare system
- Common Non-Compulsory Benefits: Meal vouchers, transport allowance
Hiring Non citizen or resident
- Visa & Work Permits Obligation: Mandatory for non-citizens
- High-Skilled Worker Permits: Yes, specific work visa required
- Visa & Work Permits Timelines: 2-3 months, varies based on visa type and employer sponsorship documentation
The information provided on these countries serves as a general guideline and may
require verification and updates from legal sources or official websites.
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