Under Vietnam social security system, if an employer signs a labour contract with a Vietnamese employee for more than one month, the compulsory insurances applicable to both employer and employee include: (1) social insurance, (2) health insurance, and (3) unemployment insurance.

The contribution rates for the employer and Vietnamese employee are as follows:

	Social insurance	Health Insurance	Unemployment Insurance	Total
Employer	17.5%	3%	1%	21.5%
Employee	8%	1.5%	1%	10.5%
Total				32%

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. And foreign employees that are employed under a Vietnam labour contract for at least 3 months shall participate compulsory health insurance. Unemployment insurance currently does not apply to foreign employees.

The current contribution rates for the employer and foreign employee are as follows:

	Social insurance	Health Insurance	Unemployment Insurance	Total
Employer	3.5%	3%	Not Applicable	6.5%
Employee	0	1.5%	Not Applicable	1.5%
Total				8%

The contribution rates for the employer and foreign employee from 1 January 2022 are as follows:

	Social insurance	Health Insurance	Unemployment Insurance	Total
Employer	17.5%	3%	Not Applicable	20.5%
Employee	8%	1.5%	Not Applicable	9.5%
Total				30%

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