This content is detailed in Circular 146/2013/TT-BTC, which stipulates policies for financial and asset management for Vietnamese Agencies abroad.
The wages of employees in the host country employed by Vietnamese agencies abroad are determined according to Clause 6 Article 6 Circular 146/2013/TT-BTC. To be specific:
Illustration (source: internet)
- Depending on specific cases, the Head of the Vietnamese Agency abroad decides to hire local employees after obtaining written permission from the managing agency. The wages paid to hired employees are stipulated in the contract signed between the Vietnamese Agency abroad and the employee, in accordance with the price levels of the host country and within the budget allocated to the Vietnamese Agency abroad. When the price levels in the host country change, the Head of the Vietnamese Agency abroad decides on the increase/decrease of wages for employees, ensuring principles of savings, efficiency, reasonableness, and conformity with local prices.- In cases where the labor contract stipulates overtime pay and travel allowances for local business trips, the payment levels must be specified in the labor contract and must not exceed the following:
- Overtime Pay = (Wages/(22 days x 8 hours) x 150% (or 200%, 300%) x number of overtime hours. (Wherein: The 150% rate applies to overtime on regular days; 200% rate applies to overtime on weekly rest days; 300% rate applies to overtime on official holidays of the host country). Overtime hours for local employees are limited to no more than 4 hours/person/day, 20 hours/person/month, and 200 hours/person/year.- Travel Allowance = (Wages/22 days) x number of travel days.
Refer to other regulations in Circular 146/2013/TT-BTC, effective from December 10, 2013.
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