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VIETNAM – January 2024 Foreign Utilization Mandatory Reporting
November 17, 2023
This is a reminder that 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 5 July of the following year and covers the period from 15 December of the previous reporting year up to 14 June of the current reporting year. An annual report is due every 5 January of the following year and covers the period from 15 December of the previous year to December 14 of the reporting year.
Failure to complete this mandatory requirement may result in fines in accordance with the decree on administrative violations on HR related matters. Newland Chase will be able to assist employers to complete this process.
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.