Vietnam has a young, well-educated and capable workforce, with foreign businesses allowed to recruit Vietnamese workers both directly and through recruitment agencies. There are a number of important considerations to be mindful and compliant with when it comes to managing your human resources.
Labour contracts, work hours and rules for foreign employees are covered and regulated in Vietnam’s Labour Code. Under the Labour Code, employers are required to contribute to social security schemes which include social insurance, health insurance and unemployment insurance for all of their full-time employees.
If Vietnamese personnel are unable to meet the requirements for a position, an organisation can hire foreign workers. This requires work permits and permission from the Municipal People’s committee. There are a number of ways to ensure that the process of recruiting, managing and protecting your staff is an efficient one.
TMF Group Vietnam are available to assist with the following HR and payroll services:
- Payroll preparation – Payslips, payroll management and distribution.
- Official payments – TMF Group Vietnam can assist you with making payments on behalf of clients to staff and relevant local authorities.
- Liaising with local authorities – We can take on the responsibility and administration of liaising with the tax department, social insurance department and labour department.
- HR support – We are experienced with recruitment, work permits, foreign visas, employment contracts and other essential HR functions your business may require in Vietnam.