Circular 12/2022/TT-BCT, which stipulates working time and rest time for employees engaged in the operation, maintenance, and repair of gas distribution pipelines and gas works, takes effect on 09 September 2022.
Decree No. 38/2022/ND-CP stipulates the new regional minimum wage from 01 July 2022. Accordingly, many businesses have to adjust the level of social insurance contributions for employees. However, there are different rates of social insurance contributions for Vietnamese employees and foreign employees working in Vietnam.
According to the Renewable Energy Market Update for May 2022 of the International Energy Agency (IEA), the world will produce an additional 319 gigawatts of renewable energy in 2022, achieving a new record for renewable energy capacity.
According to the Vietnam Import-Export Report 2021, although the economy has faced many difficulties, Vietnam's export turnover still recorded a high growth rate (reaching 336.31 billion USD, up 19% compared to 2020).
In the last 26 years, trade relations between Vietnam and the US have increased nearly 250 times, from 450 million USD in 1995 to more than 111 billion USD in 2021. In particular, the bilateral turnover in 2021 increased by nearly 21 billion USD compared to 2020, despite the prolonged COVID-19 pandemic and its impacts on the global supply chain.
In 2022, there are many amendments to social insurance policies. Below are the conditions for foreign workers to receive one-time social insurance, and the adjustments to voluntary social insurance contributions.