{"id":1982,"date":"2019-06-05T16:28:12","date_gmt":"2019-06-05T09:28:12","guid":{"rendered":"http:\/\/vietnam.briswell.com\/?p=1982"},"modified":"2020-05-05T13:29:13","modified_gmt":"2020-05-05T06:29:13","slug":"insurance-announcement-of-general-minimum-wage-adjustment-started-from-july-2019","status":"publish","type":"post","link":"https:\/\/www.briswell-vn.com\/en\/news\/insurance-announcement-of-general-minimum-wage-adjustment-started-from-july-2019\/","title":{"rendered":"[INSURANCE] ANNOUNCEMENT OF GENERAL MINIMUM WAGE ADJUSTMENT STARTED FROM JULY 2019"},"content":{"rendered":"

Pursuant to Decree No. 38\/2019\/ ND-CP, from July 01, 2019, the General Minimum Wage (GMW) will be officially increased from VND 1,390,000\/ month to VND 1,490,000\/ month (increasing 100,000 VND \/ month).<\/p>\n

Accordingly, with the increased GMW, the cap for Social insurance, Health insurance and Maternity allowance (in addition to 6 months of benefit) is as follows:<\/p>\n\n\n\n\n\n\n\n
\n
\n

The cap for social insurance, health insurance (old)<\/strong><\/p>\n<\/blockquote>\n<\/td>\n

\n

The cap for social insurance, health insurance (new)<\/strong><\/p><\/blockquote>\n<\/td>\n<\/tr>\n

\n

1.390.000×20=27.800.000 vnd<\/strong><\/p>\n

The highest contribution level is VND 27,800,000 (as 20 times as the GMW)<\/p>\n<\/td>\n

\n

1.490.000×20=29.800.000 vnd<\/strong><\/p>\n

The highest contribution level is VND 29,800,000 (as 20 times as the GMW)<\/p>\n<\/td>\n<\/tr>\n

The company<\/p>\n

Social Insurance (17.5%): 27.800.000×17.5% = 4.865.000 vnd<\/p>\n

Health insurance (3%): 27.800.000×3% = 834.000 vnd<\/td>\n

The company<\/p>\n

Social Insurance (17.5%): 29.800.000×17.5% = 5.215.000 vnd<\/p>\n

Health insurance (3%): 29.800.000×3% = 894.000 vnd<\/td>\n<\/tr>\n

Employee<\/p>\n

Social Insurance (8%): 27.800.000×8% = 2.224.000 vnd<\/p>\n

Health insurance (1.5%): 27.800.000×1.5% = 417.000 vnd<\/td>\n

Employee<\/p>\n

Social Insurance (8%): 29.800.000×8% = 2.384.000 vnd<\/p>\n

Health insurance (1.5%): 29.800.000×1.5% = 447.000 vnd<\/td>\n<\/tr>\n

Maternity (supported for 2 months)<\/p>\n

1.390.000×2 = 2.780.000 vnd<\/td>\n

Maternity (supported for 2 months)<\/p>\n

1.490.000×2 = 2.980.000 vnd<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

<\/p>","protected":false},"excerpt":{"rendered":"

Pursuant to Decree No. 38\/2019\/ ND-CP, from July 01, 2019, the General Minimum Wage (GMW) will be officially increased from VND 1,390,000\/ month to VND 1,490,000\/ month (increasing 100,000 VND \/ month). Accordingly, with the increased GMW, the cap for Social insurance, Health insurance and Maternity allowance (in addition to 6 months of benefit) is as follows: The cap for social insurance, health insurance (old) […]<\/p>\n","protected":false},"author":2,"featured_media":3534,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[4,63],"tags":[],"class_list":["post-1982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-insurance"],"_links":{"self":[{"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/posts\/1982","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/comments?post=1982"}],"version-history":[{"count":0,"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/posts\/1982\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/media\/3534"}],"wp:attachment":[{"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/media?parent=1982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/categories?post=1982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.briswell-vn.com\/en\/wp-json\/wp\/v2\/tags?post=1982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}