The Social Security Rate For Employees in Vietnam stands at 8 percent. Vietnam Social Security Rate For Employees - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Social Security Rate For Employees in Vietnam averaged 6.60 percent from 2004 until 2018, reaching an all time high of 8 percent in 2014 and a record low of 5 percent in 2007. This page provides - Vietnam Social Security Rate For Employees - actual values, historical data, forecast, chart, statistics, economic calendar and news. source: General Department of Taxation

Social Security Rate For Employees in Vietnam is expected to reach 8.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Social Security Rate For Employees is projected to trend around 8.00 percent in 2021, according to our econometric models.


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Vietnam Social Security Rate For Employees

Actual Previous Highest Lowest Dates Unit Frequency
8.00 8.00 8.00 5.00 2004 - 2018 percent Yearly


Vietnam Social Security Rate For Employees
In Vietnam, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate are an important source of income for the government of Vietnam because they help to pay for many social programs including welfare, health care and many other benefits.