The Vietnamese government has officially approved a new decree mandating an average 7.2% increase in the regional minimum wage for employees working under labor contracts, effective January 1, 2026. This decision, formalized under Decree No. 293/2025/ND-CP, marks a significant adjustment aimed at balancing economic recovery, mitigating inflation, and ensuring a stable living standard for workers…
As businesses scale and look to tap into the global talent market, the question of how to pay international employees quickly, accurately, and compliantly becomes paramount. The discussion often centers around two distinct models: a dedicated Payroll Solution (or payroll provider) and an Employer of Record (EOR). While both services handle the movement of money,…
The Prime Minister of Vietnam has officially approved the 2026 Vietnam Public Holiday schedule. This calendar, guided by the Ministry of Home Affairs (MoHA), provides certainty for businesses and employees planning for the upcoming year, particularly around the major national breaks: Lunar New Year (Tết) and National Day. Vietnam Holiday Schedule for Public Workers and Government…
Vietnam’s tax landscape is changing. The National Assembly Standing Committee has officially approved a substantial increase to the Personal Income Tax (PIT) deductions. This adjustment is effective from the 2026 tax period. This landmark decision provides significant financial relief for millions of salaried workers. It marks the first adjustment to the deduction levels since 2020. Understanding…
The Vietnamese Tet Holiday 2026 (Tết Nguyên Đán) is the most important festival and the longest annual break for workers in Vietnam. Planning business operations, especially for international companies, requires knowing the exact official dates. The Lunar New Year in 2026, the Year of the Horse (Bính Ngọ), falls on Tuesday, February 17, 2026. Here…
