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The payment rate for Social Insurance increasing 1%

Pursuant to the Social Insurance Law 2006 at the Article 91 and the Article 92, the payment rate for Social Insurance will be increased by 1% for either employees or employers from January 01, 2012.

Sanctioning of administrative violations in the field of health insurance

On 17 October, 2011, the Government issued Decree No. 92/2011/ND-CP on administrative violations in the field of health insurance. The Decree contains a number of important points on the violation of:

Increasing of the minimum wage in 2012

On November 10, 2011, National Assembly has just approved the 2012 national budget, in which the minimum wage for year of 2012 should be VND 1,050,000 per month, equal to VND 220,000 over the current minimum wage is VND 830,000/month.

Changes in the compulsory insurance payment for the probationary period in HCMC

According to the guidance of Social Insurance Department of HCMC No. 1150/TB-BHXH dated on May 09, 2011, employees are required to pay for the compulsory insurance when they work under the contract of indefinite term or three months term.

One of the leading HR consulting and outsourcing companies in Vietnam and Indochina, NhanViet Management Group (NVM Group) provides a wide range of services and solutions in the 3 spectrums of: Consulting, Outsourcing, Training

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