22 December 2021
On 10 December 2021, the Government issued Decree 112/2021/ND-CP detailing several articles and measures to implement the Law on Vietnamese Guest Worker with the following main contents:
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Regulations on conditions and dossiers for issuance of the license for the provision of Vietnamese guest worker service. Accordingly, license for the provision of Vietnamese guest worker service granted by the Minister of Labor, War Invalids, and Social Affairs to enterprises that fully satisfy the conditions specified in Article 10.1 of the Law on Vietnamese Guest Worker and this Decree.
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Regulations on operating conditions for sending Vietnamese workers to work in several markets, industries, trades, and jobs. Depending on the country in which the enterprise provides Vietnamese guest worker service, the enterprise needs to maintain and/or meet certain conditions.
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Decree guiding the conditions that enterprises must meet when performing service activities of sending Vietnamese workers to work as domestic workers abroad.
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Vietnamese enterprises providing guest worker service (“Service Enterprises”) must make a deposit of VND 2,000,000,000 at a foreign bank or its branch legally established and operating in Vietnam.
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In addition, for each branch that is assigned the task of providing Vietnamese guest worker service, the Service Enterprise that assigns the branch has to deposit an additional VND 500,000,000.
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Besides, Vietnamese enterprises bringing Vietnamese workers abroad for training, improvement, and enhancement shall make deposits at a foreign bank or its branch established and operating legally in Vietnam. The deposit is equal to 10% of an economy-class air ticket from the workplace to Vietnam, based on the number of employees going to work abroad in the contract of receiving interns.
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