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Vietnam Social Security is now ensuring social insurance benefits for employees at bankrupt businesses. Photo: Duc Thanh A representative of Vietnam Social Security (VSS) said it has received a petition from 14 associations and thousands of businesses about the proposal to exempt social insurance premiums during the implementation of social distancing at the request of the government. The decision of VSS still depends on a number of relevant ministries such as the Ministry of Labour, Invalids and Social Affairs (MoLISA) and the Ministry of Health. “The government has issued Resolution No.105/NQ-CP on September 10 on supporting businesses, cooperatives, and business households as the pandemic lingers. We are waiting for a reply from the MoLISA on exempting fees and removing difficulties for businesses,” said the VSS representative. He added that VSS will propose to exempt fines for late payments of social insurance arising in 2020 and 2021, according to regulations, after … [Read more...] about Vietnam Social Security awaits go-ahead to remove insurance issues for labourers

No new COVID-19 infection was detected in Hanoi from 12:00 pm on Saturday to 12:00 pm on Sunday, a record that has not been seen since July 5. According to an announcement from the Hanoi Department of Health at noon on Sunday, the capital city had not seen any new case from 6:00 am to 12:00 pm Sunday, which marks 24 consecutive hours of zero new infections. As of Sunday morning, Hanoi health officials had administered over 6.7 million COVID-19 jabs to residents, with nearly 950,000 being follow-up doses. As the COVID-19 epidemic has been brought under control, Hanoi has resumed numerous services after two months of suspension, including providers and sellers of essential goods, barbershops and hair salons, banks, and post and telecommunications service providers. However, local authorities still ban public gatherings of 10 people and more as well as meetings and events attended by more than 20 people in a room, except essential cases subject to strict epidemic prevention … [Read more...] about Hanoi reports no new COVID-19 case in 24 hours, first time in over two months

Doan Vu Hoai Nam - Associate, ASL LAW Typically, there are still many businesses in Hanoi and Ho Chi Minh City being quite frustrated because they still have to pay social insurance and health insurance premiums up to thousands of US dollars per month and, if paying late, they will be charged a very high penalty interest. Meanwhile, many groups have had to suspend operations for many months now due to an inability to meet the requirements to utilise a stay-at-work production model. However, now the Vietnamese government has various policies to support businesses related to social insurance to solve some difficulties. Article 16 of Decree No.115/2015/ND-CP stipulates that enterprises are temporarily suspended from the duty of paying social insurance if they are facing difficulties due to a pandemic. Specifically, the payment to the pension and survivorship fund will be suspended when one of the following two conditions is met: being unable to arrange jobs for employees, in … [Read more...] about Supporting policies in Vietnam’s social insurance