Interloop
If you are looking for an efficient way to grow your employees fast and professionally in your field? Interloop’s Employer of Record (EOR) is the most flexible, cost-effective method for both your business and employees to grow.
Hanoi
Vietnamese đồng
(₫, VND)
96,208,984 (est. 2019)
Vietnamese
Vietnam is a captivating paradise, filled with incredible contrasts in every corner. The country’s unique geography means this relatively small sliver of land sees intense equatorial conditions on the south coast, searing heat in the southern capital, and cooler misty conditions in the north. Similarly, Vietnam’s world-renowned food culture features a clash of influences from nearby Cambodia, China, Malaysia, and from their former French colonial rulers. The incredible natural diversity of Vietnam, combined with a very low cost of living, makes this Southeast Asian nation a magnet for digital nomads. Accommodation is cheap, and co-working spaces and communities are starting to build in Hanoi and Ho Chi Minh city in particular.
Home to one of Southeast Asia’s largest and fastest growing economies, Vietnam has witnessed rapid recovery since the days of the Vietnam War and has ramped up gains in the agriculture, transport, energy, and telecoms industries.
The maximum working hours are 8 hours per day or 48 hours per week for normal working conditions.
Employees are entitled to a minimum of 11 Public Holidays per year.
Ailing employees can take anywhere from 30 to 60 days of paid sick leave (compensated at a rate equivalent to 75% of their normal wages) annually, depending on how long they’ve been making social security contributions.
Employees engaged in hazardous or heavy industries can take anywhere from 40 to 70 days of paid sick leave annually, limited by how long they’ve been paying into the social security fund.
Employees who’re convalescing after an illness are entitled to 25 – 40% of their normal wages.
A female employee (working in normal working conditions) is entitled to six months of maternity leave. The payment for maternity leave of Vietnamese employees is covered by the social insurance fund.
Employees who work extra hours are to be paid for their extra hours based on their current hourly wages, as follows:
The 2021 Labor Code of the Republic of Vietnam defines provisions for employee protections and workers’ rights applicable to Vietnam’s workforce of 56.5 million. Employees in Vietnam enjoy protections against discrimination based on age, religion, sexual orientation, gender expression, and race.
Common questions that could come up during the hiring process include minimum wage, overtime rates, and guaranteed paid time off. Remote can help you offer a complete, competitive, and compliant benefits package to your employees in Vietnam.
Probation periods in Vietnam are not mandatory and can last anywhere from six to 60 days, depending on the skill level required for the position. Employees must be paid at least 85% of their normal wages during the probation period and should be notified of the probation outcome at least three days before the test period ends.
Employers must provide prior notice three days in advance for employees bound by seasonal contracts (i.e., contracts lasting less than a year); 30 days for indefinite labor contracts (i.e., contracts lasting between one to three years); or 45 days for indefinite labor contracts.
Employees are entitled to a severance package equivalent to half month’s wages for every year worked, or a month’s wages for every year, if the decision is due to redundancy, or economic.
Compliantly set up your new hires to work faster than ever.
Create an airtight contract according to local laws, send it for signing and complete onboarding; all within a simple, self-serve platform.
Say goodbye to manual payment for contractors and employees, complicated local taxes and troublesome payrolls!
Now you can pay your entire team every month with a single bulk payment, and Globelise will make
Imagine onboarding, contracts payroll, benefits and built-in compliance at your fingertips.
Here at INTERLOOP, we provide all the basic tools required to expand into and grow in the region. Our solutions range from providing simple company incorporation, key staffing and work force management, digital marketing solutions, tax and accounting solutions, and in-depth consultation on customized market entry analysis.
We also provide our expertise in more complex areas including formulating Go-To-Market strategies, applying for relevant government schemes and licenses, M&A advisory or business matching services, and English legal document or contract preparation, review, and negotiation.
Are you looking to expand your business into Asia? If you are looking for an efficient way to grow your employees fast and professionally in your field?
Interloop’s Employer of Record (EOR) is the most flexible, cost-effective method for both your business and employees to grow.
When you are using Interloop’s EOR & secondment services, we become the legal employer of your staff and second them back to you under a service agreement. Our EOR and secondment contract allows you to remove all the unnecessary costs and time associated with setting up and maintaining a legal entity, investing minimum capital, annual company administration, etc. – allowing you to expand into a new country in as little as 1 day.
Your people are your greatest asset and the right fit can make a massive impact on your business. We believe that borders shouldn’t hinder you to hiring the greatest talent for a specific role. We know all the struggles in international hiring and we’re here with solutions.
Our recruitment service will take care of the entire recruiting process: from recruitment planning, to searching and screening, to evaluation and control.
We will handle everything from hiring, onboarding, compliance and payroll for your contractors, so your business can take advantage of the abundance of local, skilled contractors to grow your company on a global scale.
Handling payroll in multiple jurisdictions can be time consuming, expensive and an ongoing administrative task. We will handle the payments for your employees and contractors in the country of your choice in a dependable and timely fashion.
Level 3, Prasert Sutt Building 360 Sanambinnam Nonthaburi Road,
Bang Krasor, Mueang Nonthaburi,
Nonthaburi 11000 Thailand
#23-05. International Plaza, 10 Anson Rd, Singapore 079903
TH Phone : +66 (0) 97 106 9113
SG Phone : +65 9102 0303
Office Phone : +66 (0) 2 007 0971
Email : enquiry@inlps.com
Line@ ID : @inlps
MON-FRI : 09:00 – 18:00
Level 3, Prasert Sutt Building 360 Sanambinnam Nonthaburi Road,
Bang Krasor, Mueang Nonthaburi,
Nonthaburi 11000 Thailand
#23-05. International Plaza, 10 Anson Rd, Singapore 079903
TH Phone : +66 (0) 97 106 9113
SG Phone : +65 9102 0303
Office Phone : +66 (0) 2 007 0971
Email : enquiry@inlps.com
Line@ ID : @inlps
MON-FRI : 09:00 – 18:00
