Vietnam

Currency
Vietnamese dong (VND)
Payroll Frequency
Monthly
Employer Taxes
21.50%

About 

Vietnam

Vietnam, located in Southeast Asia, neighbors China, Laos, and Cambodia. The country is fertile ground for the growth of rice and other crops.

Overview

Population
98,678,000
Language
Vietnamese
Capital
Hanoi
Currency
Vietnamese dong (VND)
Country code
+84
Min wage
4,420,000 VND (zone 1)
Working hours
7:30 a.m. until 4:30 p.m.
Weekdays
Mondays to Fridays
Work hours per week
40 hours per week

Payroll

Cycle

Monthly

Avg employer tax

21.50%

Taxation

Tax breakdown - Employer
  • Social Insurance (Labor, Accident, and Occupational Disease Fund): 0.50%
  • Social Insurance- Retirement & Death Gratuity Fund: 14.00%
  • Social Insurance– Sickness & Maternity Fund: 3.00%
  • Health Insurance: 3.00%
  • Unemployment Insurance: 1.00%
VAT

The current standard rate of VAT is 10%

Holidays / PTO

Public holidays in 2024
  • 1 Jan: International New Year's Day
  • 10 Feb: Tet Holiday
  • 11 Feb: Vietnamese New Year's Eve
  • 12 Feb: Vietnamese New Year
  • 13 Feb: Tet holiday
  • 14 Feb: Tet holiday
  • 15 Feb: Tet holiday
  • 16 Feb: Tet holiday
  • 21 Apr: Hung Kings Festival
  • 30 Apr: Liberation Day/Reunification Day
  • 1 May: International Labor Day
  • 3 May: International Labor Day observed
  • 2 Sep: Independence Day
  • 3 Sep: Independence Day Holiday
Sick days

Employees are entitled to paid sick leave.

  • 30 days of leave if they have paid social insurance for less than 15 years
  • 40 days of leave if they paid social insurance for 15 years and less than 30 years
  • 60 days of leave if they paid social insurance for 30 years and more.


Maternity leave

One to three months of pregnancy will guarantee 20 working days off, three to six months is granted 40 working days off, and a pregnancy over six months will be 50 working days off. In the case of a miscarriage or termination of pregnancy, women are granted leave as well.

Paternity leave

Males employees contributing to social insurance are allowed to take paternity leave in the first 30 days from the day the baby is born.

Male employees are also entitled to paid leave of 5 days for a normal delivery and seven days if the baby is born by surgery. For twin births, the leave allowance is increased from 10 to 14 days. For multiple births, three working days off are permitted for each baby after the third one.

Termination

Termination Process

A minimum of 15 days' notice given by the employer is required in the event of termination. The employer is obligated to provide all necessary payments, such as severance and employment benefits, within seven days of being officially terminated.

Notice Period

15 days

Severance Pay

Severance pay is obligated for employees who have been working for a minimum of 12 months. The amount is dependent on a number of factors such as salary, employment time, and the length of time that they had social insurance.

Probation Period

The average probation period can be 6 to 60 days depending on the qualifications and education level of the employee.

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Tax Calculation

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VN
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Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Request a detailed quotation

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Vietnam

العملة
Vietnamese dong (VND)
تردد الرواتب
Monthly
ضرائب أصحاب العمل
21.50%

عن 

Vietnam

Vietnam, located in Southeast Asia, neighbors China, Laos, and Cambodia. The country is fertile ground for the growth of rice and other crops.

ملخص

التركيبة السكانية
98,678,000
اللغة
Vietnamese
العاصمة
Hanoi
العملة
Vietnamese dong (VND)
رمز الاتصال الدولي
+84
الحد الأدنى للأجور
4,420,000 VND (zone 1)
ساعات العمل
7:30 a.m. until 4:30 p.m.
أيام الأسبوع
Mondays to Fridays
ساعات العمل اسبوعيا
40 hours per week

الرواتب

موعد صرف الرواتب

Monthly

متوسط ​​ضريبة صاحب العمل

21.50%

تحصيل الضرائب

التوزيع الضريبي - صاحب العمل
  • Social Insurance (Labor, Accident, and Occupational Disease Fund): 0.50%
  • Social Insurance- Retirement & Death Gratuity Fund: 14.00%
  • Social Insurance– Sickness & Maternity Fund: 3.00%
  • Health Insurance: 3.00%
  • Unemployment Insurance: 1.00%
ضريبة القيمة المضافة

The current standard rate of VAT is 10%

العطل / PTO

العطلات الرسمية في عام 2024
  • 1 Jan: International New Year's Day
  • 10 Feb: Tet Holiday
  • 11 Feb: Vietnamese New Year's Eve
  • 12 Feb: Vietnamese New Year
  • 13 Feb: Tet holiday
  • 14 Feb: Tet holiday
  • 15 Feb: Tet holiday
  • 16 Feb: Tet holiday
  • 21 Apr: Hung Kings Festival
  • 30 Apr: Liberation Day/Reunification Day
  • 1 May: International Labor Day
  • 3 May: International Labor Day observed
  • 2 Sep: Independence Day
  • 3 Sep: Independence Day Holiday
الإجازات المرضية

Employees are entitled to paid sick leave.

  • 30 days of leave if they have paid social insurance for less than 15 years
  • 40 days of leave if they paid social insurance for 15 years and less than 30 years
  • 60 days of leave if they paid social insurance for 30 years and more.


إجازة الأمومة

One to three months of pregnancy will guarantee 20 working days off, three to six months is granted 40 working days off, and a pregnancy over six months will be 50 working days off. In the case of a miscarriage or termination of pregnancy, women are granted leave as well.

إجازة الأبوة

Males employees contributing to social insurance are allowed to take paternity leave in the first 30 days from the day the baby is born.

Male employees are also entitled to paid leave of 5 days for a normal delivery and seven days if the baby is born by surgery. For twin births, the leave allowance is increased from 10 to 14 days. For multiple births, three working days off are permitted for each baby after the third one.

إنهاء العقد

عملية الإنهاء

A minimum of 15 days' notice given by the employer is required in the event of termination. The employer is obligated to provide all necessary payments, such as severance and employment benefits, within seven days of being officially terminated.

فترة الإشعار

15 days

مكافأة نهاية الخدمة

Severance pay is obligated for employees who have been working for a minimum of 12 months. The amount is dependent on a number of factors such as salary, employment time, and the length of time that they had social insurance.

فترة الاختبار

The average probation period can be 6 to 60 days depending on the qualifications and education level of the employee.

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حساب الضريبة

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تكلفة صاحب العمل
إجمالي تكلفة التوظيف الشهرية
GBP 9,633
إجمالي تكاليف الراتب الشهري
GBP 8,334
الضرائب والمساهمات المقدرة
GBP 8,334
تكلفة الموظف
صافي الراتب الشهري
GBP 5,137
الراتب الشهري الإجمالي
GBP 8,334
الضرائب المقدرة والضمان الاجتماعي
GBP 8,334
Employer cost
إجمالي تكلفة التوظيف السنوية
GBP 9,633
إجمالي تكاليف الرواتب السنوية
GBP 8,334
الضرائب والمساهمات المقدرة
GBP 8,334
Employee cost
صافي الراتب السنوي
GBP 5,137
الراتب السنوي الإجمالي
GBP 8,334
الضرائب المقدرة والضمان الاجتماعي
GBP 8,334
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