To hire new employees in
Vietnam
, your business must have a local legal entity or an Employer of Record like Borderless in place already. Then there’s the management of local employment compliance, taxes, benefits, payroll, and more. Hiring contractors poses similar challenges.
Borderless handles all of that for you, so you can focus on getting to work with your new team member in
Vietnam
while staying fully compliant with local laws and compliance.
Vietnamese
Vietnamese đồng (₫, VND)
Monthly
10 - 12 days
23.50%
$$ (96 of 140, 2023)
Minimum 12 days
30 - 60 days
6 months
In many countries like
Vietnam
, the treatment of employees and contractors is different. If you misclassify a new team member, you could be subjected to penalties and fines. Let Borderless get this right for you, so you don’t have to worry.
VND 3,250,000 to VND 4,680,000 per month depending on the region.
Standard working hours are 8 hours per day, 40 hours per week. The standard workweek is from Monday to Friday.
Overtime payment is mandatory in Vietnam. Overtime is defined as any time worked beyond the normal working day. Including regular and overtime hours, employees are only permitted to work a total of 12 hours every day. For overtime hours, employees are paid:
There are no mandatory bonuses in Vietnam. However, most employers pay a Lunar New Year (Tet) holiday bonus.
Wages are disbursed bi-monthly or once monthly.
If a just cause is proven, such as dishonesty, negligence, fraud, or other work-related offenses, employee contracts may be terminated. That aside, notice should be provided in advance – provided both parties agree to it.
The minimum notice period is 3 days and will be increased according to the type of contract.
In Vietnam, probationary periods are optional and can range in length from 6 to 60 days, depending on the level of expertise required for the post. During the test period, workers must be paid at least 85% of their regular pay, and they must be informed of the results at least 3 days beforehand.
In Vietnam, all employees who have been employed for more than a year are entitled to severance pay, unless they are terminated for:
Severance pay is half a month of salary per year of service. The amount of severance that may be paid is not restricted by law.
When the world is your competition, it pays to incentivize new hires and existing alike. Borderless benefits packages typically include:
Book your demo of Borderless to help you hire, pay, and take care of new employees and contractors in 170+ countries.