In the context where Vietnam has officially opened two International Financial Centres (“IFC”) in Ho Chi Minh City and Da Nang City. In pursuit of becoming a competitive destination globally for capital flows and high-quality human resources. The Government of Vietnam has provided detailed regulations on labour, employment and social security within the IFC (“Decree 325” dated 18 December 2025).
Accordingly, the recruitment and management mechanism for labour in the IFC is designed with several notable features as follows:
One of the notable highlights of Decree 325 is that enterprises and organisations operating within the IFC are granted autonomy to recruit both Vietnamese and foreign employees in accordance with their operational needs, without being subject to any cap on the proportion of foreign employees.
This approach reflects a more open and liberal labour policy toward foreign workers, aiming to facilitate enterprises and organisations within the IFC in accessing human resources that meet the high professional requirements of the financial, banking, investment and related service sectors.
Decree 325 introduces a distinctive and forward-looking labour framework for Vietnam’s International Financial Centres, balancing operational flexibility with essential labour and social security safeguards. By easing foreign labour recruitment, simplifying administrative procedures, and adopting a more internationally aligned approach to social security, the Decree significantly enhances the IFC’s appeal to global investors and skilled professionals.
This evolving regulatory landscape highlights the importance of cross-border legal and corporate advisory expertise. Through its collaboration with DIMAC, this article offers practical insights into navigating Vietnam’s IFC labour regime, while VIVOS, as a Singapore-based corporate services provider, supports businesses operating across ASEAN with strategic structuring, compliance, and workforce planning solutions for regional expansion.
Together, this partnership reflects a shared commitment to enabling businesses to operate confidently within complex, multi-jurisdictional regulatory environments.
Credits: DIMAC
VIVOS supports companies through trusted local partners to navigate Vietnam IFC labour and regulatory requirements.
2 January, 2025
2 January, 2025What is Decree 325 and why is it important?
Decree 325/2025/ND-CP provides detailed regulations on labour, employment, and social security within Vietnam’s International Financial Centres (IFCs), ensuring a flexible and globally integrated framework for attracting talent and investment.
Can companies in IFCs hire foreign employees without restrictions?
Yes. Decree 325 allows enterprises in IFCs to recruit both Vietnamese and foreign employees without any cap on the proportion of foreign workers.
How have work permit procedures changed under Decree 325?
Procedures are simplified—employers no longer need to notify recruitment of Vietnamese workers before hiring foreigners, and processing time is reduced to 3 working days.
What is the maximum working term for foreign employees in IFCs?
The working term can be extended for up to 10 years, providing stability and reducing repeated licensing procedures.
How does Decree 325 address social security for foreign employees?
Foreign employees can choose compulsory or voluntary social insurance, and exemptions or reductions apply if they already participate in equivalent schemes abroad.
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