Picture by Getty Images Introduction Navigating the complexities of payroll in Vietnam can be daunting for businesses, especially when it comes to understanding the SHUI system. SHUI, which stands for Social, Health, and Unemployment Insurance, is a critical component of the Vietnamese payroll system. Ensuring compliance with SHUI regulations is essential not only for legal…
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Introduction Wages include the basic wage according to the job or title, wage allowances, and other additional payments. The wage allowance system significantly complements the job- or title-based wage system. The State’s regulations within this system ensure that all irregular and unstable factors in working and living conditions are adequately addressed, not fully considered in…
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In an age where self-expression and bold fashion choices are often celebrated, the concept of “demure” seems to quietly stand apart. Understated, elegant, and modest, demure is more than just a trend—it’s a timeless approach to style that values subtlety and sophistication. But what does it mean to be demure in today’s world, particularly in…
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Definition Wages are the money an employer pays an employee for completing their job duties. The law or the employment contract defines these duties. Clause 1, Article 90 of the 2019 Labor Code stipulates: “Wages are a monetary amount paid by an employer to a worker under an agreement to perform work, including remuneration that…
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Vietnam’s national holidays and annual leaves can present significant complexities for businesses operating in the country. This guide aims to clarify the intricacies of Vietnam’s holiday and leave provisions, providing essential information for employers and HR professionals to ensure accurate and compliant practices. Holidays and Tet Article 112 of the Labor Code 2019 stipulates that…
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Introduction Article 93 of the Labor Code 2019 stipulates: Employers must develop salary scales, salary tables, and labor norms as a basis for recruiting, employing workers, negotiating wages according to the job or title stated in the labor contract, and paying wages to employees. Labor norms must be average levels that ensure the majority of…
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According to Official Dispatch No. 8662/VPCP-KGVX dated November 3, 2023, the Government Office approved the Ministry of Labor - War Invalids and Social Affairs' proposal for the 2024 Independence Day holiday. Prime Minister Pham Minh Chinh has confirmed that the holiday will extend from August 31, 2024, to September 3, 2024.
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When is the Mid-Autumn Festival 2024? Mid-Autumn Festival, also known as the Moon Festival or Children’s Festival, is a traditional holiday celebrated in many Asian countries, including Vietnam. It is typically held on the 15th day of the eighth lunar month. However, the exact date in the Gregorian calendar varies each year. In 2024, the…
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Understanding Minimum Wage The minimum wage is the lowest wage paid to employees performing the simplest jobs under normal working conditions. Additionally, it ensures a minimum standard of living for employees and their families, consistent with economic and social development conditions (Clause 1, Article 91, Labor Code 2019). Starting from July 1, 2024, the minimum…
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September 2nd, 2024 is approaching, and many of you are left wondering about the specific dates and length of their time off. Also, questions about overtime pay rates on the holidays and compensatory days are asked by both employers and employees. In this blog, we will provide you with a detailed holiday schedule for the 2024 Independence Day. We will also outline the employer's obligations to notify employees in advance, ensuring everyone is well-informed and prepared.
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