White Paper on Vietnam's Going Global in 2025

This document is the "Vietnam Going Global White Paper 2025.03 Update", mainly providing a detailed guide for those who wish to conduct business, work, or live in Vietnam. It covers various aspects such as Vietnam's basic overview, investment policies, employment market, regulations related to employment, employee life and safety, etc.

1. Basic Information about Vietnam: Vietnam enjoys a superior geographical location and serves as an important hub connecting Southeast Asia and East Asia. The official language is Vietnamese, and the currency is the Vietnamese Dong. 1 RMB is approximately equal to 3,513.67 Vietnamese Dong (as of 03.04).

2. Investment Related: The Ministry of Planning and Investment is in charge of investments. There is a negative list for foreign investment access; some industries are prohibited or conditionally allowed for investment, and some projects require approval before investing. Vietnam has signed many free trade agreements, allowing foreign investors to enjoy preferential policies.

3. Employment Market: Ho Chi Minh City and Hanoi offer many job opportunities, and the demand in hotel and catering industries in tourist cities such as Da Nang and Nha Trang is also growing, but opportunities are relatively fewer in remote areas. Salaries vary by industry; for example, monthly salaries in the technology sector range from 5,689 to 14,790 RMB, while ordinary hotel staff earn 1,707 to 2,275 RMB per month.

4. Employment Related: Enterprises must sign written labor contracts with employees, which are divided into fixed-term and indefinite-term contracts. Wages are paid monthly. Employees' working hours should not exceed 8 hours per day and 48 hours per week, with overtime paid accordingly. There are various tax items, and multiple regulations regarding termination of labor contracts.

5. Visas and Holidays: Visas are divided into tourist, work, and business visas. Employees are entitled to annual leave, sick leave, and parental leave. In 2025, there will also be public holidays such as New Year's Day and Spring Festival.

6. Employee Life: This section introduces various aspects of clothing, food, housing, and transportation in Vietnam. For example, clothing should consider the climate; voltage and socket types differ from those in China; Vietnam has local mobile payment platforms and you can also open a local bank account; transportation is mainly by motorcycle, as well as buses, metro, and taxis; medical care includes public and private hospitals, and common diseases include dengue fever, etc.

7. Safety: Some areas in Vietnam are prone to typhoons and floods. In case of emergency, you can call 114 (medical emergency), 113 (police), 115 (fire alarm). For issues involving the rights and interests of Chinese citizens, you can contact the Chinese Embassy in Vietnam.