Vietnam has adjusted the social insurance contribution rate for foreign employees from 1 January 2022. Before the adjustment, the employers were required to contribute 3.5% to the social insurance fund for foreign employees, while the foreign employees were not required to make social insurance contribution. From 1 January 2022, the employers have to contribute 17.5% to the social insurance fund for foreign employees, while the foreign employees have to make 8% social insurance contribution. There will be no difference between the social insurance contribution rates for Vietnamese employees and that for foreign employees thereafter. Foreign employees can also enjoy the same social insurance benefits as Vietnamese employees starting from the year 2022. Currently, the compulsory social insurance covers sickness and maternity insurance, occupational accidents and diseases insurance, retirement and death insurance.

According to the relevant laws and regulations of Vietnam, foreign employees holding a work permit and employed under a Vietnam labour contract with an indefinite term or a definite term of 1 year or more shall participate compulsory social insurance starting from 1 December 2018. Foreign employees work in Vietnam under internal transfer arrangements and employees who reach statutory retirement age are exempted.

	From 2018 to 2021	From 2022
Employer	3.5%	17.5%
Employee	0	8%

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