News
Amended social insurance law expected to solve lump-sum withdrawal problem
Social security offices across the country have recently witnessed long lines of people waiting to claim lump-sum payments.The amended social insurance law has two options for lump-sum payment. The first option allows the employee to receive full pay-out for the entire period of participating in social ...
MOLISA proposes 12.5 percent increase in pension and allowance
The Ministry of Labor, Invalids and Social Affairs (MOLISA) has suggested the Government increase pensions and social insurance benefits, and monthly allowances.In its draft decree submitted to the Government, the ministry suggested a 15.5 percent increase in pensions, social insurance benefits, and monthly, starting from ...
Employers evading social insurance payments affects workers' rights
Evasion of social insurance payments for workers increased during the COVID-19 pandemic, as enterprises grappled the economic fall-out of pandemic control measures. However, as stipulated by law, avoiding payment and racking up insurance debt severely affects the social security rights of employees.The Ministry of Labour, Invalids and Social ...
Pensions, social allowances expected to rise 15 percent from 2022
Eight groups of people will enjoy a 15 per cent rise in their pensions and social insurance allowances and monthly subventions from January 1, 2022, when a draft decree on the adjustments of these allowances is issued, according to the Ministry of Labour, Invalids and ...
Vietnam pledges to fulfill ILO membership obligations
Vietnam will make all-out efforts to fulfill its obligations as a member of the International Labour Organisation (ILO) and further promote cooperation between the organisation and tripartite actors – the Government, employers, and employees in the country. Dao Ngoc Dung, Minister of Labour, Invalids and Social ...
Foreign workers to pay social insurance
The Ministry of Labour, Invalids and Social Affairs and Việt Nam Social Security (VSS) have been working with other countries on bilateral agreements to ensure the benefits to foreign workers employed in Việt Nam who are required to make social insurance payments.[]From January 1, 2022, ...
VNS Reporter
Informal workers wary of opt-in social insurance
Farmers and workers in the informal sector are often reluctant to buy voluntary social insurance because they do not understand its benefits and lack knowledge about the programme.[]As of the end of last year, the country had 221,000 holders of voluntary social insurance cards.Keep reading ...
VNA Reporter
CLMTV countries discuss social insurance for migrant workers
Senior officials from Cambodia, Laos, Myanmar, Thailand and Vietnam (CLMTV) convened their fourth meeting on labour cooperation in Hanoi on August 20, discussing social insurance connection for migrant workers in countries involved.At the conference, participants were updated about the latest information on migrant workers’ affairs ...
Mandatory social insurance for expat workers creates burden on enterprises
Compulsory social insurance for foreigners working in Vietnam is creating a heavy burden on local enterprises, according to a report by the Investment and Trade Working Group of the Vietnam Business Forum.Keep reading ...
Thuy Dung
8,000 firms owe social insurance fees
More than 8,000 enterprises nationwide currently owe social insurance premiums totalling some VNĐ2 trillion (US$87 million). These debts are very difficult to retrieve, with some even impossible to get, according to Việt Nam Social Insurance (VSI).Keep reading ...
VNS Reporter
