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Update news social insurance fund
VietNamNet Bridge – Delayed social insurance payments are a burden on the Viet Nam Social Insurance Fund, Hoang Van Dung, vice chairman of the Viet Nam Chamber of Commerce, told Thoi bao Ngan hang.
VietNamNet Bridge – The Vietnam Social Insurance Fund is suffering from big losses of revenues due to the early retirement of laborers, said a senior executive of the fund.
Pham Thi Hai Chuyen, Minister of Labor, War Invalids and Social Affairs, said that aside from raising the retirement age, there have been many solutions proposed to maintain the balance of revenues and expenses of the social insurance fund.
VietNamNet Bridge – In light of a Ministry of Labour, Invalids and Social Affairs (MoLISA) proposal to hike the pension age to avert social insurance fund from possible collapse,