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Update news social insurance
Foreign invested enterprises (FIEs) complain that regulations related to the use of laborers are creating difficulties for their operations.
CPVCC reviews personnel scheme, salary policy, social insurance
The first working day of the 7th plenary session of the 12th Communist Party of Vietnam Central Committee (CPVCC) took place in Hanoi on May 7.
Fighting social insurance challenges
Doan Mau Diep, Deputy Minister of Labour, Invalids and Social Affairs, talks to Hai Quan (Customs) newspaper about solutions to ease the burden of the social insurance fund for retirees
Insurance, wage policies to take effect
New policies on compulsory social insurance, region-based minimum wages and multidimensional poverty standards are among those that will take effect in January 2016.
Unofficial workers lack social insurance
VietNamNet Bridge – Just five per cent of informal labourers across
Viet Nam are covered by social insurance, posing a potential risk that
millions of workers will be without any pension to support their later
years.
Hanoi Council faces hot issues
VietNamNet Bridge – Ha Noi People's Council has received 257
questions from municipal voters, mostly reflecting hot issues, ahead of
its three day meeting this week.
Social insurance receives a boost
VietNamNet Bridge – The Ministry of Labour, Invalids and Social
Affairs (MOLISA) is drafting a decree to create a State subsidy for
people joining the voluntary social insurance programme.
Millions of retirees at risk of getting no pension
Viet Nam would struggle to pay millions of its retirees pensions soon in the future as only about 20 per cent of the workforce are currently contributing to the social insurance fund.
Ministry admits irregularities at civil servant exam
The Ministry of Industry and Trade has admitted to violations in an
examination to choose civil servants last year, saying its officials had
leaked answers of the test to certain candidates.
Social insurance debts cause for alarm
VietNamNet Bridge – Businesses that evade paying social insurance
premiums for workers should be punished more harshly, the deputy
general-director of Viet Nam Social Insurance, Do Van Sinh, said
at a meeting on Wednesday.
Few sign up for voluntary insurance
VietNamNet Bridge – The national voluntary social insurance programme
aims to provide insurance to society's most vulnerable groups, but many
intended beneficiaries are uninformed or unable to participate.
Workers apathetic about wage hike
VietNamNet Bridge – Workers are showing apathy toward the Vietnam
National Wage Council’s effort to seek public opinion on how much the
minimum wage should be increased by in 2015 due to it likely having
little impact on their socio-economic status.
Social News Headlines 28/6
4,000 children suffering violence every year; First southern IP has police station; East-West Highway continues to subside; Transport ministry told to push clampdown on overloading
Firms lax on social insurance
VietNamNet Bridge – Up to half of the 300,000 businesses currently
operating failed to pay social insurance premiums for their workers,
according to the Viet Nam Social Insurance Collection Board.
Should the retirement age be raised?
VietNamNet Bridge – As part of the revised draft Law on Social
Insurance, Viet Nam is considering gradually raising the retirement age
to 62 years for men and 60 for women starting in 2016.
Amended Enterprise Law will make it easier to set up business
VietNamNet Bridge – Amendments to the Law on Enterprises would create
favourable conditions for setting up businesses, Minister of Investment
and Planning Bui Quang Vinh said at the 13th National Assembly's 7th
working session on May 26.
Binh Duong to give workers $35 million in aid after riots
VietNamNet Bridge – The Social Insurance Bureau of Binh Duong Province plans to spend VND700 billion (nearly $35 million) to support the tens of thousands of workers affected in the recent disturbances at its industrial zones.
Current laws keep way open for businesses to evade social insurance fees
VietNamNet Bridge – Social insurance agencies have reported that
businesses owe VND12 trillion worth of unpaid social insurance fees so
far. With such a huge sum of accounts receivable, the pension fund is in
danger.
Retirement age to rise, pension levels to fall
VietNamNet Bridge – According to the draft bill on social security
being submitted to the National Assembly in May, pensions will be
reduced while the retirement age will be raised.
New proposal to equalize pensions
VietNamNet Bridge – Deputy Minister of Labour, Invalids and Social
Affairs Pham Minh Huan talks to Dau Tu (Investment) Newspaper about
possible changes to the pension in 2015.
