Employment

On its 7th section, the 15th National Assembly passed the new Law on Social Insurance to replace the 2014 Law on the same subject. The new Law shall take effect as from 1 July 2025. The following are key changes of the new law as opposed to the 2014 Law

Pursuant to the laws of Vietnam, an employee with an employment contract is required to participate in insurance

Foreign employees entering Vietnam must have a visa and state the purpose and length of their stay in Vietnam before they can be granted entry

Foreigners entering to work in Vietnam are required to secure a work permit issued by the labor authority