10:10, 11/07/2024
From July 1, 2018, the statutory pay rate in Vietnam was increased by 90,000 VND/month, raising the current rate to 1,390,000 VND/month. Some benefits for social insurance and health insurance participants in Vietnam were also changed.
Article table of contents
1. Increase in the Medical Expenses Covered 100% by Health Insurance in Vietnam
Currently, the level of medical expenses covered 100% by health insurance is below 195,000 VND. As of July 01, 2018, medical expenses below 208,500 VND will still be fully covered by health insurance.
2. Increase in Various Allowances for Social Insurance Participants in Vietnam
To adjust in accordance with the increase in the statutory pay rate, various allowances for employees are also raised. To be specific:
| Type of Allowance | Current Allowance Level | Allowance Level from July 01, 2018 | |
| Convalescence and rehabilitation allowance after sickness | 390,000 VND | 417,000 VND | |
| One-time allowance after childbirth or adoption | 2,600,000 VND | 2,780,000 VND | |
| Monthly allowance for those with a labor capacity reduction of 31% or more | 390,000 VND for a 31% reduction in labor capacity. For each additional 1% reduction, an additional 26,000 VND is provided. | 417,000 VND for a 31% reduction in labor capacity. For each additional 1% reduction, an additional 27,800 VND is provided. | |
| Service allowance for those with a labor capacity reduction of 31% or more | 1,300,000 VND | 1,390,000 VND | |
| One-time allowance in case of death due to labor accident or occupational disease | 46,800,000 VND | 50,040,000 VND | |
| Convalescence and rehabilitation allowance after treating injuries or diseases | Convalescence at home | 325,000 VND | 347,500 VND |
| Convalescence at a facility | 520,000 VND | 556,000 VND | |
| Funeral allowance | 13,000,000 VND | 13,900,000 VND | |
| Monthly survivor allowance | Normal case | 650,000 VND | 695,000 VND |
| In cases where relatives have no direct caregiver | 910,000 VND | 973,000 VND | |
The content above is based on Social Insurance Law 2014, Resolution 49/2017/QH14, Decree 105/2014/ND-CP.
- Doan Trinh -
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