The Social Security Rate For Employees in Vietnam stands at 8 percent.

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 be 8.00 percent by the end of this quarter, 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 2020, 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.

Vietnam Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 20.00 20.00 35.00 20.00 percent [+]
Personal Income Tax Rate 35.00 35.00 40.00 35.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Social Security Rate 26.00 26.00 26.00 20.00 percent [+]
Social Security Rate For Companies 18.00 18.00 18.00 15.00 percent [+]
Social Security Rate For Employees 8.00 8.00 8.00 5.00 percent [+]