Q&A on Asian Bus.

This is the place that our Editors will reply to your various questions about doing business in Asia.
Please utilize it as a solution to the issues you have doing your daily business across Asia.

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What should an expatriate or foreign employee do once his employment contract in Vietnam is terminated?

  • FAQ: VIETNAM
  • Date: 15.07.2010

Upon the termination of employment contract or completion of the assignment, or for any other reasons that the foreign employee leaves Vietnam, the employee should do the following:

  • Surrender his/her work permit
  • Finalise and pay his personal income tax applicable to his/her taxable income
  • He/she will have the right to buy foreign currency and remit his/her legitimate income back home via any commercial bank operating in Vietnam.

For more details, see Asia Pacific Employment Law [VIT ¶100-421] Remuneration repatriation and tax finalisation