Resolution 68 introducing some policies to support employees and employers in difficulty due to the COVID-19 pandemic

On 01 July 2021, the Government released Resolution 68/NQ-CP (“Resolution 68”) introducing some policies to support employees and employers in difficulty due to the COVID-19 pandemic.

This Resolution has the following main note-worthy policies:

  1. Reduction of compulsory contribution rate to occupational accidents and diseases fund (currently 0.5% contributed by the employer)
  2. Deferral of compulsory contributions to the retirement and survivorship fund (currently 14% contributed by the employer and 8% contributed by the employee)
  3. Policy to support training and job maintenance for employees
  4. Policy to support employees who are suspended labour contracts and/or take unpaid leave
  5. Policy to support employees who are suspended from employment
  6. Policy to support employees terminating labour contracts
  7. Policy to additional support and children
  8. Policy on granting meal allowance of VND 80,000/person/day
  9. Policy on granting one-time support of VND 3,710,000/person
  10. Policy to support business households
  11. Policy for loan for payment of employment suspension and production recovery
  12. Policy for employees working without labour contract (self-employed) or other cases

Download the full documents in below.

---

Disclaimer:

We do trust the above points are notable and sufficient, but should you have any questions or need a deeper discussion on this issue, please do not hesitate to contact us.

OUR SUPPORT

For regulation changes and tax matters, we can provide you with assistance on:

  • Registration, declaration of Personal Income Tax, Corporate Tax, VAT and Foreign Contractor Tax.
  • Tax refunds assistance and representation.
  • Consultancy on utilizing opportunities provided by transfer pricing.
  • Customs advisory: Compliance & reporting; FTA and C/O; Harmonised System code classification and valuation; Inventory control; International trade arrangement; and Others.

Documents

[ENG] Mazars in Vietnam_Payroll alert_Resolution 68 guiding some policies to support employees' difficulty due to Covid-19
[ENG] Mazars in Vietnam_​Payroll alert_​Resolution 68 guiding some policies to support employees' difficulty due to Covid-19
[VIE] Mazars in Vietnam_Tin thuế_Nghị quyết 68 hướng dẫn một số chính sách hỗ trợ NLD và NSDLD do ảnh hưởng của Covid-19
[VIE] Mazars in Vietnam_​Tin thuế_​Nghị quyết 68 hướng dẫn một số chính sách hỗ trợ NLD và NSDLD do ảnh hưởng của Covid-19