Vietnam is increasingly becoming an attractive destination for foreign experts and workers. The contribution of foreign workers not only promotes economic growth but also contributes to the country's integration and sustainable development.
Therefore, to ensure social security benefits for this group of subjects, the Social Insurance Law 2024, effective from July 1, 2025, has added many new, clearer and more transparent regulations.
Illustration |
Accordingly, foreign employees working in Vietnam will be subject to compulsory social insurance if they meet the following conditions: Have a fixed-term labor contract of 12 months or more with an employer in Vietnam.
Foreign workers who are subject to compulsory social insurance will enjoy full social security benefits like Vietnamese workers, including: Sickness, maternity, work accidents, occupational diseases, retirement and death.
At the same time, the Social Insurance Law 2024 also clearly stipulates cases that are not required to participate in social insurance, including: People moving within the enterprise according to the provisions of law. People who have reached retirement age at the time of signing the contract. Employees subject to the scope of international treaties to which Vietnam is a member, with other provisions.
Compared to the Law on Social Insurance 2014, the provisions of the Law on Social Insurance 2024 have a notable change in the criteria for contract term. Previously, foreign workers only needed a work permit or a practice certificate to be eligible to participate in social insurance.
Accordingly, the new regulation specifies the conditions for contract terms of 12 months or more, aiming to increase transparency, ease of application in practice and compliance with international practices.
Source: https://congthuong.vn/dieu-kien-dong-bao-hiem-xa-hoi-cua-lao-dong-nuoc-ngoai-381525.html
Comment (0)