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.

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.

By Phuc Van – Translated by Thuy Doan

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