• Skip to primary navigation
  • Skip to content
  • Skip to primary sidebar

Vietnam Art News

Update latest Vietnam art news

  • About Us
  • Contact Us
  • Disclaimers
  • DMCA
  • Privacy Policy
  • Submit your story

You are here: Home / Other News / Mandatory social insurance for expat workers creates burden on enterprises

Mandatory social insurance for expat workers creates burden on enterprises

July 11, 2018 thesaigontimes Leave a Comment

Mandatory social insurance for expat workers creates burden on enterprises By Thuy Dung Foreign workers are seen at a construction site in Vietnam – PHOTO: TL HANOI – Compulsory social insurance for foreigners working in Vietnam is creating a heavy burden on local enterprises, according to a report by the Investment and Trade Working Group of the Vietnam Business Forum. The group regards the payment of social insurance for expat workers in Vietnam as a kind of tax, noting that Vietnam thereby has the highest taxes in the region in terms of quantity, rates and large-scale application. The report also shows that the draft government decree on compulsory social insurance does not adjust the rule of an accumulating period of social insurance payment. For example, if a foreign worker has paid social insurance for five years in Thailand, and another five years in Singapore before coming to work in Vietnam, such periods are still not accumulated for the expat into Vietnam’s social insurance system under the new decree. According to the report, this rule is only applicable to nationals from countries with which Vietnam has signed bilateral agreements on social insurance. So far, the country has inked such deals with Germany and South Korea and targets Japan in the future. The 2014 Law on Social Insurance stipulates that expats with work permits and practice certificates in Vietnam must fully comply with social insurance payment requirements, which became effective from January 1. According to the draft decree providing guidelines for implementing… [Read full story]




  • Draft dictates foreigners pay into social insurance
  • Social insurance in cross hairs
  • Social insurance fund needs better management
  • HCM City firms owe $77.4m in social insurance
  • Compulsory social insurance for expats to go ahead despite firms’ concerns
  • EuroCham voices concern over new social insurance rule
  • EuroCham voices concern over new social insurance rule - EuroCham voices concern over new social insurance rule
  • Firms ignore social insurance obligations
  • Decree issued on compulsory social insurance for foreign workers
  • VN workers to enjoy more benefits under new Social Insurance Law

Other News mandatory vaccinations for healthcare workers, mandatory training for care workers, mandatory car insurance, mandatory health insurance, mandatory health insurance dubai, mandatory health insurance dubai deadline, wisconsin mandatory auto insurance law, xl specialty insurance company workers compensation, how are unemployment insurance and workers compensation alike, hartford underwriters insurance company workers comp, social insurance card, socialized insurance, how to apply for a social insurance number, Social Insurance and Allied Services, social insurance tax, clinical social worker salary, licensed clinical social worker salary, social worker broker, when was social security created, social worker problems, sedgwick insurance workers compensation, licensed master social worker, social worker degree online programs, social worker degree online, social workers degree online, social worker bachelor degree online, vietnam expat health insurance, illinois association of school social workers, SaiGon Times Daily, SaiGon Times tieng anh, thời báo kinh tế sài gòn, tin kinh te, kinh te viet nam, tin tuc kinh te, News from SaiGon Times online, bao kinh te sai gon online, saigontimes group

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *


Primary Sidebar

Categories

and ASEAN ASEAN Community Business Climate Change Corporate Culture Culture Sports East Sea Economics Entertainment Exhibition Festival Fine Arts Foreign Affairs HCMC Highlight HO CHI MINH CITY Infrastructure International Life Lifestyle Music Nation Natural Resources News Overseas Vietnamese People Photo Social Affairs Society Southeast Asia Sports Style The Government The sadness of heritage The Vietnamese Tourism Travel Uncategorized Vietnam Viet Nam News World World News Youth

Recent Posts

  • Nguyen Tieu festival sees Hoai river shine in ancient town of Hoi An
  • American military transport aircraft lands in Hanoi
  • Thai baht becomes fastest-growing currency in Asia
  • HCMC makes more cooperation & investment chances for Canada
  • Late great traditional medicine practitioner commemorated
  • Masan named as main sponsor of V-League 2019
  • Đà Nẵng fish-worshipping festival named a National Intangible Heritage
  • Republic of Korea wishes VN to successfully host DPRK-US Summit
  • Festivals take place across the country
  • Whale worship festival in Da Nang recognized as intangible heritage

Copyright © 2019 Vietnam Art News. Power by Wordpress.