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VIETNAM – Foreign utilization mandatory reporting
November 20, 2024
Employers in Vietnam who have foreign employees holding valid or current work permits are required to complete a bi-annual report regarding the utilization of foreign manpower.
The first half-year reporting requirement is due every July 5 of the following year and covers the period from December 15 of the previous reporting year up to June 14 of the current reporting year. An annual report is due every January 5 of the following year and covers the period from December 15 of the previous year to December 14 of the reporting year.
Newland Chase can assist employers with this mandatory requirement. Failure to complete this requirement may result in fines under the decree on administrative violations on HR-related matters.
As always, don’t hesitate to reach out to your Newland Chase dedicated contact or submit an inquiry here should you have any specific questions regarding this announcement.