December 22, 2013
Enterprise Employers and Staff in Vietnam
Please be informed that Vietnam Social Department already issued the official letter ( effective from 01 Jan 2014) to increase the rate for Social Insurance ( SI) contribution from 24 % ( ER 17%+ EE 7% ) to 28 % ( ER 18% + EE 8%), there is no change on the rate contribution for Medical Insurance ( MI) and Unemployment Insurance ( UI ).
Therefore , from 01 Jan 2014 the rate contribution for SI, MI, UI as follows
|Monthly SIMIUI contribution rate||SI||MI||UI||Total|
The Cap monthly salary for SIMIUI contribution currently is 23,000,000VND
Here is a link to our resource page with the official letter (in Vietnamese) for local staff.
Founder & CEO, Tiger-Consulting