According to the notification of the Ho Chi Minh City Social Insurance at Official Dispatch 1012/BHXH-QLT dated May 22, 2017, the monthly contribution rate to the Occupational Accident and Disease Insurance Fund from June 1, 2017 for employers in Vietnam is 0.5% on the salary fund used as the basis for social insurance contributions for employees.
The Ministry of Labor, War Invalids, and Social Affairs of Vietnam promulgates Circular 26/2017/TT-BLDTBXH guiding the implementation of compulsory occupational accident and disease insurance policies in Vietnam.
Recently, the Ministry of Labor, Invalids, and Social Affairs of Vietnam is drafting a Decree on the National Database on Insurance, which is expected to take effect in 2020.
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