Decree No. 325/2025/ND-CP on labor, employment, and social security at International Financial Centers in Vietnam

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Validity Status

Decree No. 325/2025/ND-CP on labor, employment, and social security at International Financial Centers in Vietnam takes effect from 18/12/2025.
Effective from: 18/12/2025
Effective to: No expiration
Status: In effect

Content Details

THE GOVERNMENT OF VIETNAM
——-

THE SOCIALIST REPUBLIC OF VIETNAM
Independence – Freedom – Happiness
—————

No. 325/2025/ND-CP

Hanoi, December 18, 2025

 

DECREE

ON LABOR, EMPLOYMENT, AND SOCIAL SECURITY AT INTERNATIONAL FINANCIAL CENTERS IN VIETNAM

Pursuant to Law on Government Organization No. 63/2025/QH15;

Pursuant to Law on Organization of Local Government No. 72/2025/QH15;

Pursuant to Law on social insurance No. 41/2024/QH15;

Pursuant to Law on Health insurance No. 25/2008/QH12, amended and supplemented by Law No. 32/2013/QH15, Law No. 46/2014/QH15, Law No. 97/2015/QH15, Law No. 35/2018/QH14, Law No. 68/2020/QH14, Law No. 30/2023/QH15, and Law No. 51/2024/QH15;

Pursuant to the Labor Code No. 45/2019/QH14;

Pursuant to Law on Employment No. 38/2013/QH13;

Pursuant to Resolution No. 222/2025/QH15 of the National Assembly of Vietnam on International Financial Centers in Vietnam;

At the request of the Minister of Home Affairs;

The Government issues a Decree on labor, employment, and social security at International Financial Centers in Vietnam.

Chapter I

GENERAL PROVISIONS

Article 1. Scope

This Decree elaborates and provides guidelines for implementation of Clause 3 Article 20, Clause 1 Article 21, points a and b Clause 4 Article 21 of Resolution No. 222/2025/QH15 dated June 27, 2025 of the National Assembly of Vietnam on the International Financial Centers in Vietnam (hereinafter referred to as “Resolution No. 222/2025/QH15”) on labor, employment, and social security at International Financial Centers in Vietnam (hereinafter referred to as “International Financial Centers”).

Article 2. Regulated entities

1. Vietnamese workers stipulated in Clause 1 Article 2 of the Labor Code No. 45/2019/QH14 and foreign workers stipulated in Clause 3 Article 2 of the Labor Code No. 45/2019/QH14 working for employers specified in Clause 2 of this Decree.

2. Employers include: Members of the International Financial Center, the Executive body of the International Financial Center, the Supervisory Body of the International Financial Center, the Dispute resolution body of the International Financial Center stipulated in Clauses 3, 5, and 6 of the Article 3, point c Clause 1 Article 9 of Resolution No. 222/2025/QH15.

3. Other relevant agencies, organizations, and individuals.

Chapter II

LABOR AND EMPLOYMENT

Article 3. Recruitment

1. Employers may recruit Vietnamese workers in accordance with Clause 1 Article 11 of the Labor Code No. 45/2019/QH14.

2. Employers may recruit foreign workers according to job requirements without restrictions on the ratio of foreign workers.

3. The recruitment of Vietnamese and foreign workers stipulated in clauses 1 and 2 of this Article must not affect national security.

Article 4. Authority to issue, reissue, renew, and revoke work permits and confirmations of exemption from work permit requirement

The Executive body of the International Financial Center in Ho Chi Minh city and the Executive body of the International Financial Center in Da Nang city (hereinafter referred to as “Executive bodies of cities”) shall issue, reissue, renew, revoke work permits and confirmations of exemption from work permit requirement for foreign workers working for employers specified in Clause 2 Article 2 of this Decree in the cities.

Article 5. Foreign workers exempt from the requirement for a work permit

1. A foreign workers shall be exempt from the requirement for a work permit if:

a) He/she falls under any of the cases specified in points a and b Clause 1 Article 20 of Resolution No. 222/2025/QH15, except for accompanying family members;

b) He/she is exempt from the requirement for a work permit in accordance with Decree No. 219/2025/ND-CP;

c) He/she meets the professional standards as prescribed by the Executive bodies of cities.

2. The employer shall apply for issuance, re-issuance, renewal, and revocation of confirmations of exemption from work permit requirement for foreign workers stipulated in Clause 1 of this Article.

Article 6. Issuance, re-issuance, renewal, and revocation of confirmations of exemption from work permit requirement

1. The issuance, re-issuance, renewal, and revocation of confirmations of exemption from work permit requirement for workers stipulated in Clause 1 Article 5 of this Decree shall comply with Decree No. 219/2025/ND-CP.

An application for issuance, re-issuance, renewal, and revocation of confirmations of exemption from work permit requirement shall be processed within 03 working days from the date of receipt of a satisfactory application.

2. In the cases where the foreign worker falls under point a Clause 1 Article 5 of this Decree, the employer shall not apply for confirmations of exemption from work permit requirement; however, a notice shall be sent to the Executive body of the city online via the National Public Service Portal, or via public postal services, or in person at least 3 working days prior to the date on which the foreign worker starts to work in Vietnam.

The notice must include: full name, date of birth, nationality, passport number, name of the foreign employer, place of work, and duration of work. The duration of work must not exceed the validity period of the visa, temporary residence permit, or permanent residence permit stipulated in points a and b, Clause 1, Article 20 of Resolution No. 222/2025/QH15.

Article 7. Validity period of confirmations of exemption from work permit requirement

The maximum validity period of confirmations of exemption from work permit requirement is 10 years.

Article 8. Issuance, re-issuance, renewal, and revocation of work permits

1. The employer shall apply for issuance, re-issuance, renewal, and revocation of confirmations of work permits for foreign workers, except for cases stipulated in Clause 1 Article 5 of this Article.

In the case of issuance or renewal of a work permit for a foreign worker, the employer is not required to provide written explanation for the demand for foreign labor and notify the recruitment of Vietnamese workers for the positions where foreign workers are expected to be recruited.

2. The issuance, re-issuance, renewal, and revocation of work permits for foreign workers stipulated in Clause 1 of this Article shall comply with Decree No. 219/2025/ND-CP.

An application for issuance, re-issuance, renewal, and revocation of work permits shall be processed within 03 working days from the date of receipt of a satisfactory application.

Article 9. Deadline for issuance of work permit

The maximum validity period of work permit is 10 years.

Chapter III

SOCIAL SECURITY

Article 10. Social insurance

1. The participation in and resolution of social insurance schemes for Vietnamese workers working at the International Financial Center shall comply with laws on social insurance.

2. The participation in and resolution of compulsory social insurance schemes for foreign workers working for employers at the International Financial Center who are subject to compulsory social insurance stipulated in Clause 2 Article 2 of Law on Social Insurance No. 41/2024/QH15 shall comply with laws on social insurance.

3. Foreigners working at the International Financial Center who are not subject to compulsory social insurance stipulated in Clause 2 Article 2 of Law on Social Insurance No. 41/2024/QH15 shall participate in compulsory social insurance upon request. The participation in and resolution of compulsory social insurance schemes shall be implemented as for foreign workers as specified in Clause 2 of this Article.

4. In the case where a foreign worker works at the International Financial Center, does not work under an employment contract, and does not receiving salary, if he/she requests to participate in social insurance as prescribed in Clause 3 of this Article, the salary on which social insurance is paid ranges between the reference amount to 20 times the reference amount at the time of contribution stipulated in point d of Clause 1 Article 31 of the Law on Social Insurance No. 41/2024/QH15.

5. A foreign worker working at the International Financial Center who is participating in compulsory social insurance stipulated in Clause 3 of this Article shall:

a) Terminate the participation in compulsory social insurance if he/she has participated in compulsory social insurance for 12 months upon request and has a request for termination.

b) Have his/her salary on which social insurance is paid adjusted if he/she has participated in compulsory social insurance for 12 months upon request and has a request for adjustment.

c) Terminate the participation in compulsory social insurance for lump-sum social insurance benefits if he/she has participated in compulsory social insurance for 12 months upon request and has a request for termination; or he/she no longer works at the International Financial Center.

6. The partial exemption of compulsory social insurance contributions in Vietnam for foreign workers working at the International Financial Center shall apply to those have participated in social insurance in a foreign country or territory in accordance with international treaties to which the Socialist Republic of Vietnam is a member.

7. The application templates for participation, termination of participation, adjustment of the salary on which social insurance is paid for foreign workers working at the International Financial Center stipulated in Clause 3 and Clause 5 of this Article shall be issued by social insurance authorities.

Article 11. Unemployment insurance

1. The participation in and resolution of unemployment insurance schemes for Vietnamese workers working at the International Financial Center shall comply with laws on employment.

2. Foreign workers working at the International Financial Center are eligible to participate in unemployment insurance upon request. The participation in and resolution of unemployment insurance schemes shall be implemented as for Vietnamese workers as specified in Clause 1 of this Article.

Article 12. Health insurance

The participation in and resolution of health insurance schemes for Vietnamese workers and foreign workers working at the International Financial Center shall comply with laws on health insurance.

Chapter IV

IMPLEMENTATION CLAUSES

Article 13. Effect

1. This Circular comes into force from December 18, 2025.

2. Where legislative documents referenced in this Decree are replaced, amended, or supplemented, the replaced, amended, or supplemented documents shall apply.

Article 14. Transition clauses

1. Confirmations of exemption from work permit requirement and work permits for foreign workers that were issued, reissued, or renewed before the effective date of this Decree shall continue to be used until the expiry date and shall be issued, reissued, or renewed in accordance with the provisions of this Decree.

2. In the case where employers have submitted applications for issuance, reissuance, renewal of work permits and confirmations of exemption from work permit requirement before the effective date of this Decree, they shall be reviewed and resolved according to Decree No. 219/2025/ND-CP.

Article 15. Responsibility for implementation

1. Responsibilities of the Ministry of Home Affairs:

a) Take charge and cooperate with the People’s Committees of Ho Chi Minh City and Da Nang City to unify the state management on recruitment and management of Vietnamese workers and foreign workers working in the International Financial Centers;

b) Take charge and cooperate with ministries, ministerial-level agencies, and People’s Committees of Ho Chi Minh City and Da Nang City to monitor, evaluate, inspect annually or ad-hoc the compliance with regulations on labor, employment, and social security by the Executive bodies of cities;

c) Consolidate difficulties arising during the implementation and send proposals and recommendations to the competent authorities.

2. Responsibilities of the People’s Committee of Ho Chi Minh City and People’s Committee of Da Nang City:

a) Manage Vietnamese workers and foreign workers working at International Financial Centers;

b) Disseminate laws on labor, employment, and social security within the International Financial Centers; inspect and handle violations as per laws.

c) Send annual reports by December 15 or ad-hoc reports on the compliance with regulations on labor, employment, and social security within the International Financial Center to the Ministry of Home Affairs.

3. Responsibilities of Execution bodies of cities

a) Develop professional standards for foreign workers exempt from work permit requirement stipulated in clause 3 Article 20 of Resolution No. 222/2025/QH15;

b) Organize the implementation of regulations on labor, employment, and social security within the International Financial Centers;

c) Send annual reports by December 10 or ad-hoc reports on the compliance with regulations on labor, employment, and social security within the International Financial Center to the People’s Committee of Ho Chi Minh City or the People’s Committee of Da Nang City.

4. Responsibilities of employers:

a) Comply with regulations on labor, employment, and social security stipulated in this Decree;

b) Recruit and employ Vietnamese and foreign workers ensuring national security and social safety;

c) Send annual reports by December 05 or ad-hoc reports on the compliance with regulations on labor, employment, and social security within the International Financial Center to the Executive body of the city.

5. Ministers, heads of ministerial-level authorities, heads of Governmental authorities, the Chairperson of the People’s Committee of Ho Chi Minh City, the Chairperson of the People’s Committee of Da Nang City, relevant agencies and individuals shall implement this Decree.

 

 

PP. MINISTER
DEPUTY MINISTER

Pham Minh Chinh

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