Vietnam on Retirement, Superannuation & Pensions

Vietnam has adopted a new comprehensive Law on Social Insurance (Law No. 41/2024/QH15). It will come into effect on July 1, 2025 ("LOSI 2024").

With its strong economic development and its agreeable lifestyle, Vietnam is an attractive labor market for foreigners.

The compensation and reduction system of pension benefits is a crucial concept in the social insurance system in Vietnam, aiming to maintain the balance of the system...