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

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SOURCE: MAZARS VIETNAM