Three things to know about employing in Vietnam
- A bonus is not compulsory in Vietnam but is encouraged. It is customary to pay all employees a "13th salary" before the Lunar New Year holiday or at the year-end.
- Apart from salary and bonuses, Vietnamese employees may also be entitled to other allowances and benefits. Some such taxable benefits include payments for power and water; transportation allowances; premiums for life insurance; housing rent; healthcare services; and even membership fees to golf clubs, tennis courts, and other exclusive clubs.
- Post-employment non-compete agreements are not enforceable in Vietnam
Employment in Vietnam
Taxes in Vietnam
💡 You can get a detailed breakdown of the employer contributions for any gross salary by using our Oyster Platform Quote Generator
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