Vietnam Payroll Guide

Vietnam is rapidly emerging as a dynamic economic hub in Southeast Asia, drawing keen interest from global investors and businesses. Understanding the intricacies of Vietnamese payroll with its distinctive salary structures, influenced by factors such as geographic location and industry, is crucial for any company looking to tap into this flourishing market.

This guide helps you master Vietnam payroll

The Vietnamese payroll system involves several key elements which businesses must be adept at handling to ensure compliance with local regulations and proper compensation for employees. Here we help unravel the intricate web of Vietnamese tax compliance.

This guide explains:

• Salary components and benefits
• Payment formula
• The legal framework governing wages
• Types of leave
• Overtime
• Minimum wage structures and regional differences
• Probation, termination, and severance pay
• The gender gap
• Key growth sectors
• Work permits for foreign nationals and more!