Currency: VND, Vietnamese dong (Rate)
Public Holidays: 12 public holidays (see here)
Employer Taxes: 21.5% of gross salary
Official Language: Vietnamese
Payroll frequency: Monthly
13th / 14th Salary: (what's this?) ****It is common in Vietnam to offer a 13th month salary bonus across all sectors.
The notice period is three working days for seasonal contracts (contracts lasting less than one year), 30 days for fixed-term labour contracts, and 45 days for an indefinite-term labour contracts.
Terminated employees (except those dismissed for a breach of company's rules) who have been working for an employer for at least one year are entitled to severance payments. This must be equal to half a month's wage for each year of employment.
Severance will not be required if the employee is absent from work without justifiable reason for five consecutive working days or more.
If the employer made contributions to the employee's unemployment insurance fund, they are not required to pay severance for the duration of time that the employees participated in the unemployment insurance fund.
Varies between 6 and 60 days
Minimum wages vary by region:
For trained employees, the minimum salary must be at least 7% higher than the regional minimum salary.
Post-employment non-compete agreements are not enforceable in Vietnam. They may, in some cases, be enforceable in a civil contract between employer and employee.
Eight hours a day, 48 hours per week.