🔔 UPDATE ON SOCIAL INSURANCE, HEALTH INSURANCE, AND UNEMPLOYMENT INSURANCE CONTRIBUTION RATES EFFECTIVE FROM JANUARY 1, 2026

📢 IMPORTANT ANNOUNCEMENT

🔔 UPDATE ON SOCIAL INSURANCE, HEALTH INSURANCE, AND UNEMPLOYMENT INSURANCE CONTRIBUTION RATES EFFECTIVE FROM JANUARY 1, 2026

(Based on Official Dispatch No. 64/TB-BHXH issued by Ho Chi Minh City Social Insurance)

📅 Issued: January 7, 2026
📍 Applicable to: All employers in Ho Chi Minh City.

1️⃣ MINIMUM WAGE EFFECTIVE FROM JANUARY 1, 2026

📌 Applicable areas:As specified in the Appendix to Decree 293/2025/NĐ-CP.

2️⃣ RESPONSIBILITIES OF THE EMPLOYER

Enterprises are required to review and adjust:

• Labor contracts
• Collective labor agreements
• Wage policies and internal regulations

🔹 In cases where existing agreements provide more favorable terms for employees
(Higher than minimum wage, occupational allowances, and allowances for arduous/hazardous work, etc)
👉 Continue to apply, unless otherwise agreed.

🔹 If the applicable area results in a new minimum wage level that is lower than the rate applied as of December 31, 2025
👉 Continue to apply it to employees recruited before December 31, 2025,until new regulations are issued.

3️⃣ ADJUSTING OF SOCIAL INSURANCE CONTRIBUTION WAGE LEVELS – IMPORTANT NOTES FOR ENTERPRISES

After adjusting wages in accordance with Decree 293/2025/NĐ-CP,
enterprises are required to submit updated salary information for social insurance contributions
(Social insurance, Health insurance, Unemployment insurance, Occupational accident insurance).

• The Social Insurance authority automatically adjust the contribution ceiling
  if the enterprise declares correctly → No submission is required.
• If the declared wage and allowances are incorrect
  → submission of adjustment records is mandatory.

⏰ Deadline: January 25, 2026
➡ If adjustment records are not submitted, the Social Insurance authority will
temporary apply the minimum contribution wage in accordance with Decree 293/2025/NĐ-CP.

4️⃣ CONDITIONS FOR THE SETTLEMENT OF SOCIAL INSURANCE BENEFITS

👉 The Social Insurance Authority will only confirm contribution periods and settle benefits
when enterprises comply with the minimum wage levels as prescribed by the Government.

⚠️IMPORTANTNOTE FOR HR – ACCOUNTANTS – BUSINESS OWNERS

• It is not sufficient to merely increase wages to meet legal requirements.
  👉 Wage adjustments must be accurate, and social insurance records must be updated promptly
• Delays in updating 👉 retroactive collection and penalties,
  directly affects employees’ entitlements.

📌 Has your company completed the review of labor contract and social insurance records?
📩 Inbox us if you need a quick review of wage levels, documentation, and social insurance risks for 2026.