regulations on the pension regime for foreign workers in Vietnam, pension regime for foreign workers in Vietnam, the pension regime for foreign workers in Vietnam, pension regime in Vietnam, pension regime for foreign workers,

Regulations on the pension regime for foreign workers in Vietnam

The Labor Code 2019 of Vietnam has clearly shown the rights of Vietnamese workers. However, does the Labor Code entail foreign workers living and working in Vietnam? Would they be given the same treatment as a national worker such as healthcare, pension, etc.? For foreign workers who plan to live in Vietnam for the rest of their life, pension is one of the most important aspects that they pay attention to. So, what are the regulations on the pension regime for foreign workers in Vietnam?

Foreign workers who have acquired a work permit or practicing certificate or a practicing license issued by a competent Vietnamese authority, currently working under a labor contract entered into with an employer in Vietnam with a term of a full 1 year or more must participate in compulsory social insurance in Vietnam like every other national worker, according to Decree 143/2018/ND-CP. 

Therefore, when the foreign workers have paid social insurance contributions like every worker in Vietnam, there should be no distinction in the nature of a worker between foreign and Vietnamese national. 

However, on the other hand, the foreign workers and their businesses should remember that as the foreign workers are treated as standard Vietnamese civilians, they are also complied with following the laws of Vietnam and will be punished accordingly if they conduct a crime. 

Pension regime for foreign workers

When participating in the social insurance regime in Vietnam, foreign workers are entitled to every right that the national worker should receive, including the pension when they reach the retirement age.

Accordingly, the foreign workers will receive the pension adequated to the amount of money they contribute to the system in their working-age if they: 

  • Have paid compulsory social insurance for a full 20 years or more.
  • Have reached the retirement age as prescribed by the Labor Code.

In 2022, the male workers must be at least 60 years old and 6 months old to retire, and the female workers must be from full 55 years and 8 months. This also applied to foreign workers this year.

For the following years, the foreign workers should note that at the moment, the retirement age of men increases by 3 months/year, and the retirement age of women increases by 4 months/year to the maximum age of 62 for males in 2028 and the age of 60 for females in 2035.

The pension rate for foreign workers

The pension enjoyment rate of foreign workers will be calculated according to the following formula:

Pension = Enjoyment rate x Average monthly salary on which social insurance contributions are based

For foreign workers who are male, they enjoy the rate of 45% for 20 years of payment. After this mark, each additional year will result in a 2% increase but not more than 75%.

For foreign workers who are female, they enjoy the rate of 45% for 15 years of payment. After this mark, each additional year will result in a 2% increase but not more than 75%.

ASL LAW is the top-tier Vietnam law firm for Employment and Labor Law. If you need any advice, please contact us for further information or collaboration.


    Your infomation

    ***Other service of ASL LAW – full service Vietnam law firm ***



    Retainer service to enterprises


    International trademark registration

    Oversea investment consultancy for Vietnamese enterprises


    Patent in Vietnam

    PCT Patent in Vietnam


    PCT Patent Vietnam Entry

    Intellectual property services (Vietnam IP Firm)


    Vietnam Patent Agent

    Trademark in Vietnam


    Vietnam Patent Firm

    Vietnam Trademark Agent


    Patent translation in Vietnam

    How to register trademark in Vietnam


    Vietnam Patent Translation Agent

    Copyright in Vietnam


    Vietnam IP Firm

    Vietnam Trademark


    Vietnam IP Agent

    Notes to company formation in Vietnam



    How to open company in Vietnam


    Banking & financial services

    Open representative office in Vietnam


    Contract consultancy

    Establish company in Vietnam


    Employment and labor

    Corporate services in Vietnam


    Litigation and dispute resolution

    Vietnam Law Firm


    Franchise in Vietnam

    Vietnam Antidumping Law Firm


    Vietnam Franchise registration

    Vietnam countervailing law firm


    Vietnam Business Law Firm

    Vietnam Real estate law firm


    Vietnam construction law firm

    Law firm in Hanoi


    Law Firm in Ho Chi Minh

    Debt collection in Vietnam


    Debt recovery law firm in Vietnam

    Debt collection law firm in Vietnam


    Vietnam Debt Collection law firm

    ASEAN IP Agent



    IP agent in ASEAN


    Establish R.O in Vietnam

    Setting up a foreign-invested company


    Setup foreign company in Vietnam

    Technology Transfer in Vietnam


    Technology Transfer services

    Labour law in Vietnam


    Employment law in vietnam

    Vietnam franchise law firm


    International trademark registration



    Contact Me on Zalo
    WhatsApp chat