09:52, 11/07/2024
According to the notification of the Ho Chi Minh City Social Insurance at Official Dispatch 1012/BHXH-QLT dated May 22, 2017, the monthly contribution rate to the Occupational Accident and Disease Insurance Fund from June 1, 2017 for employers in Vietnam is 0.5% on the salary fund used as the basis for social insurance contributions for employees.
Article table of contents
From this time forward, the mandatory social insurance (SI) contribution rates to the occupational accident and disease insurance fund (OADIF) in Vietnam will change as follows:
| Type of Insurance | Before June 1, 2017 | From June 1, 2017 onwards | ||||
| Employer's Contribution | Employee's Contribution | Total | Employer's Contribution | Employee's Contribution | Total | |
| SI | 18% | 8.0% | 26% | 17.5% | 8.0% | 25.5% |
| Health Insurance (HI) | 3% | 1.5% | 4.5% | 3% | 1.5% | 4.5% |
| Unemployment Insurance (UI) | 1% | 1.0% | 2.0% | 1% | 1.0% | 2.0% |
| TOTAL | 22% | 10.5% | 32.5% | 21.5% | 10.5% | 32% |
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