Southeast Asia ✓ Pynk Active

Hire Employees in Vietnam

Capital
Hanoi
Currency
VND (Vietnamese Dong)
Min. Wage
Varies by region (Region I ~VND 4.68M/month, 2024)
Notice Period
30–45 days depending on contract type
Income Tax
5–35% (progressive)

Mandatory Benefits

  • ✓ Social insurance — 17.5% employer contribution
  • ✓ Health insurance — 3% employer contribution
  • ✓ Unemployment insurance — 1% employer contribution
  • ✓ 12 days paid annual leave, increasing with tenure
  • ✓ 13th-month salary (customary market practice)

Hiring in Vietnam with Pynk

Vietnam is one of Asia’s fastest-growing economies, with a young, motivated workforce and a booming technology and manufacturing sector centred on Hanoi and Ho Chi Minh City.

Why Companies Hire in Vietnam

  • Large, young, and fast-upskilling workforce
  • Rapidly expanding software and engineering talent base
  • Highly competitive labour costs
  • Strong growth as a regional manufacturing and tech hub

Key Employment Considerations

Vietnamese employment is governed by the Labour Code, with mandatory social, health, and unemployment insurance contributions and region-based minimum wages. Written contracts and compliant termination procedures are required.

Pynk’s Vietnam team manages insurance registrations, payroll, and statutory filings so your hires are fully compliant.

Hire in Vietnam in 48 hours

Pynk becomes the legal employer. You manage the work. We handle contracts, payroll, taxes, and benefits — all fully compliant.

View Pricing
100% Compliance Guarantee

Pynk maintains owned legal entities in Vietnam. Our in-country legal team ensures every contract, filing, and payment meets local requirements.

Cost Estimator

How much does it cost to hire in Vietnam?

Enter an annual salary below to see a side-by-side comparison of the true employment cost in Vietnam versus a flat Pynk EOR fee — including employer taxes, mandatory benefits, and multi-employee savings.

Global Hiring Cost Calculator

3-way comparison: Pynk EOR · Own Entity · Own Entity + Transfer Pricing

Engagement Model

Full-time employees · employer statutory costs apply · $499/mo Pynk fee

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$
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OECD range 7–12%

Enter a monthly salary and select at least one market to see your 3-way cost comparison.

Ready to hire your first employee in Vietnam?

Our Vietnam experts are ready to onboard your new hire within 48 hours of contract signing. Zero entity setup. Zero legal risk.

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