Contribution Rates for Types of Insurance in Vietnam from July 1, 2017

August 16, 2017, Ho Chi Minh City Social Insurance issued Official Dispatch 1734/BHXH-QLT guiding the collection of Social Insurance, Health Insurance, Unemployment Insurance, Occupational Accident and Disease Insurance, and the management of Social Insurance books and Health Insurance cards. The contribution rates for these types of insurance are based on the salary multiplied by the contribution rate according to each respective fund as follows:

Responsibility Social Insurance (SI) Occupational Accident and Disease Insurance (OADI) Health Insurance (HI) Unemployment Insurance (UI) Total
Employer 17% 0.5% 3% 1% 21.5%
Employee 8%   1.5% 1% 10.5%

In which, the 25% Social Insurance fund in Vietnam is allocated to the component funds as follows:

- Sickness, Maternity: 3%;

- Retirement, Survivor: 22%

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