RSS / e-News
Viet Nam
| Total population (m.): | 89 |
| GDP per capita (USD): | 1051 |
Unemployment
Regulatory Framework
First and current law: 2006 (Law On Social Insurance No. 71 of 29 June), implemented in 2009.
Type of program: Social insurance system.
Type of program: Social insurance system.
Coverage
Vietnamese citizens with employment contracts of 1 to 3 years or permanent contracts who are employed by private- and public-sector organizations with 10 or more workers.
Exclusions: Self-employed persons.
Exclusions: Self-employed persons.
Source of funds
Insured person: 1% of gross monthly earnings.
The minimum earnings used to calculate contributions are the minimum wage.
The maximum earnings used to calculate contributions are 20 times the minimum wage.
The monthly minimum wage is 730,000 dong.
Self-employed person: Not applicable.
Employer: 1% of monthly payroll.
The minimum earnings used to calculate contributions are the minimum wage.
The maximum earnings used to calculate contributions are 20 times the minimum wage.
The monthly minimum wage is 730,000 dong.
Government: 1% of insured's gross monthly earnings and administrative costs.
The minimum earnings used to calculate contributions are the minimum wage.
The maximum earnings used to calculate contributions are 20 times the minimum wage.
The monthly minimum wage is 730,000 dong.
Self-employed person: Not applicable.
Employer: 1% of monthly payroll.
The minimum earnings used to calculate contributions are the minimum wage.
The maximum earnings used to calculate contributions are 20 times the minimum wage.
The monthly minimum wage is 730,000 dong.
Government: 1% of insured's gross monthly earnings and administrative costs.
Qualifying conditions
The insured must have at least 12 months of contributions during the last 24 months, must be registered as unemployed, and must not have found a job within 15 days of registration.
The benefit is suspended if two suitable job placements are refused for no plausible reason.
The benefit is suspended if two suitable job placements are refused for no plausible reason.
Cash benefits for insured workers
60% of the average monthly earnings in the 6 months before unemployment is paid for 3 months with 12 to 35 months of contributions, for 6 months with 36 to 71 months of contributions, for 9 months with 72 to 143 months of contributions, or for 12 months with 144 months of contributions or more.
The benefit is paid after a 15-day waiting period.
Benefits also include health insurance coverage, vocational training, and job placement support.
Administrative organization
Ministry of Labor, Invalids, and Social Affairs (http://www.molisa.gov.vn) provides general supervision.
Ministry of Labor, Invalids, and Social Affairs
12 Ngo Quyen Street,
Hoan Kiem District,
Hanoi,
Vietnam
Tel.: +(844) 824 6137
Fax: +(844) 824 8036
Vietnam Social Security collects contributions and pays benefits.
Vietnam Social Security
7 Trang Thi Street,
Hai Ba Trung District,
Hanoi,
Vietnam
Tel.: +(844) 934 4237
Fax: +(844) 934 4169
Ministry of Labor, Invalids, and Social Affairs
12 Ngo Quyen Street,
Hoan Kiem District,
Hanoi,
Vietnam
Tel.: +(844) 824 6137
Fax: +(844) 824 8036
Vietnam Social Security collects contributions and pays benefits.
Vietnam Social Security
7 Trang Thi Street,
Hai Ba Trung District,
Hanoi,
Vietnam
Tel.: +(844) 934 4237
Fax: +(844) 934 4169
Last survey reply: 01 July 2010
Last ISSA update: 01 July 2010
Exchange rate: US$1.00 = 19,000 dong.