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Vietnam Extends Social Security Contribution Relief for Employers Impacted by COVID-19

|Approved Changes|Vietnam
Vietnam

Vietnam's social security authority reportedly announced on 10 August 2020 that social security contribution relief for employers impacted by COVID-19 is being extended to the end of December 2020. Initially announced on 24 March 2020 and provided to the end of June 2020, the relief includes a suspension of contributions to the pension fund and death benefit fund for companies operating in the passenger transport, tourism, accommodation, restaurant, and certain other sectors that have had to …

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