Dispatch No. 1198/CTL&BHXH-BHXH: Are you ready for hidden insurance costs?

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Dispatch No. 1198/CTL&BHXH-BHXH: Are you ready...

Vietnam’s latest Dispatch No. 1198/CTL&BHXH-BHXH clarifies which salary components are subject to mandatory social insurance contributions. While aiming for transparency, the new guidance may catch businesses off guard with unexpected liabilities tied to previously excluded allowances and benefits. Are your payroll practices ready for this shift?

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