Loan up to VND 100 million to deposit for migrant workers in South Korea

Accordingly, workers who are entitled to borrow capital from the Vietnam Bank for Social Policies to work abroad under contracts to work in Korea under the Agreement on sending and receiving Vietnamese workers in Korea's Employment Permit System shall be lent up to VND 100 million to deposit without making loan guarantees.

The cases where deposits are made before January 01, 2022, but the workers arbitrarily and illegally overstay abroad after terminating their labor contracts, such deposits shall be remitted to the State budgets of the provinces where the workers registered as their permanent residence places before going to work in Korea.

The workers who made deposits from January 01, 2022, are administratively sanctioned due to arbitrarily and illegally overstaying in Korea after terminating their labor contracts and refuse to voluntarily comply with decisions on sanctioning administrative violations shall be subject to enforcement of sanctioning decision.