Ministry sets new deposit cap for Vietnamese expat workers

The Ministry of Labor, Invalids and Social Affairs recently regulated a new cap for deposits from US$300 to $3,000 for Vietnamese expat workers to prevent them from running away, violating labor contract, or refusing to return home on schedule when working abroad.

The Ministry of Labor, Invalids and Social Affairs recently regulated a new cap for deposits from US$300 to $3,000 for Vietnamese expat workers to prevent them from running away, violating labor contract, or refusing to return home on schedule when working abroad.

Accordingly, the lowest deposit of $300 will be applicable for those working in Malaysia, Brunei, Thailand, and Laos while the highest deposit of $3,000 is applicable for those working as fishermen on fishing boats in South Korea, and as apprentices in Japan.

Deposits of $800 will be applicable for countries in the Middle East; $1,000 for African countries; $2,000 for US; and from $1,000-2,000 for Australia and European countries.

As for Taiwan (China), the highest deposit applicable for house help and healthcare jobs is $800, for offshore fisherman $900, and for factory, construction, and other industry jobs it is $1,000.

The new cap will become effective from December 1 this year.

Other news