Salary and Social Insurance Regime of Vietnamese Agencies Abroad from March 20, 2020

Illustrative image (source: internet)

To be specific, Circular 07/2020/TT-BTC stipulates salary and social insurance policies for members of Vietnamese agencies abroad and spouses accompanying them on their assignments during their term of office at Vietnamese agencies abroad as regulated in Clause 1, Article 9, Clauses 11 and 12, Article 11 of Decree 08/2019/ND-CP dated January 23, 2019, of the Government of Vietnam stipulating several policies for members of Vietnamese agencies abroad.

Additionally, exemption from import tax for personal effects of members of Vietnamese agencies abroad upon the conclusion of their term is regulated in Clause 7, Article 9 of Decree 08/2019/ND-CP dated January 23, 2019, of the Government of Vietnam and implemented according to Clause 2, Article 16 of the Law on Export and Import Taxes 107/2016/QH13 and Article 7 of Decree 134/2016/ND-CP dated September 1, 2016, of the Government of Vietnam, detailing a number of articles and measures to implement the Law on Export and Import Taxes.

Regarding the management, usage, and declaration of public assets at Vietnamese agencies abroad, this is undertaken according to the Law on Management and Use of Public Assets, Decree 167/2017/ND-CP dated December 31, 2017, of the Government of Vietnam on the reorganization and handling of public assets, Decree 166/2017/ND-CP dated December 31, 2017, on standards, norms, and policies for the management, usage of public assets of Vietnamese agencies abroad, and related guiding documents.

View the full text of the regulations in Circular 07/2020/TT-BTC which takes effect from March 20, 2020.

Thu Ba

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