Over the past few months, how much insurance did employers pay after their foreign employees in Vietnam and how many are liable to pay social insurance? The Vietnam Social Security’s (VSS) statistics showed that as of February 28, about 8,730 employers and 51,524 foreign employees complied with their obligation to pay social insurance in Vietnam. In addition, the total insurance collected from the employers was VND100.8 trillion ($4.38 million). According to the Ministry of Labour, Invalids and Social Affairs (MoLISA), the total number of foreign employees across the country is around 83,046, 90 per cent of whom hold work permits. Thus, after three months of carrying out the decree, about 64 per cent of foreign employees participated in the compulsory social insurance scheme. This is a quite satisfying result for a new policy. What difficulties does the VSS face during implementation of Decree 143? Compulsory insurance for foreign … [Read more...] about New social insurance policy’s early success
New car insurance grace period
Bettering new social insurance policy on foreigners
Bettering new social insurance policy on foreigners, Photo: Shutterstock One of Vietnam’s leading English-language training centres, Apollo Education and Training Organisation (Apollo) has more than 400 foreign teachers working across the country and is one of the most hard-pressed to apply Decree 143. Nguyen Kim Dung, head of Apollo’s Legal, Compliance and Government Relations, told VIR that the procedures to pay insurance after foreign labourers are very complicated and are causing the company concerns. For instance, is examination in public hospitals possible for non-Vietnamese speakers? Does the insurance agency pay for foreign-language prescriptions? And do procedures to get death benefits have to be notarised and translated? “We worry that the complications may undermine the government’s policy on insurance for foreign workers. It is necessary to issue simple and convenient guidelines and procedures for foreign labourers to really enjoy the benefits of … [Read more...] about Bettering new social insurance policy on foreigners
VinFast debuts new cars and motorbike
Sedan LUX A2.0 Vietnamese automaker VinFast officially launched its Sedan LUX A2.0 and SUV LUX SA2.0 in Ha Noi’s Thong Nhat Park on Tuesday. VinFast said it has opened sales and will take orders for new vehicles, offering special incentives for the first customers. The launch ceremony, will be also held in HCM City, includes a number of special activities. The two vehicles were awarded “A Star is Born” from the AUTOBEST organisation, which recognises automobiles available in the European market, at the Paris Motor Show 2018 from October 1 to 16. The two models were developed based on designs selected by Vietnamese consumers, bringing the beauty of pride and luxury with graceful details reminiscent of the Vietnamese spirit. VinFast also introduced its hatchback Fadil, which was developed by Karl Rocks of Opel – one of the oldest car brands in Germany, under a technology contract from General Motors (GM), and smart electric motorcycle Klara. The Lux, Fadil and … [Read more...] about VinFast debuts new cars and motorbike
Toyota introduces three new car models
The new Avanza. Toyota Motor Vietnam has officially launched its Wigo, Avanza and Rush models. The new model Rush. With many outstanding features, these models will be the most appropriate choices for young customers with stable incomes, said TMV Pressident Toru Kinoshita at a press briefing in Ha Noi on September 25. oyota’s Wigo is the firms cheapest so far. Photos courtesy of Toyota Vietnam The new cars will be available at Toyota dealerships nationwide from now. — VNS … [Read more...] about Toyota introduces three new car models
Toyota Vietnam imports 3 new car models
Toyota Vietnam imports 3 new car modelsBy Hung Le Toyota Vietnam introduces Wigo, Avanza, and Rush - PHOTO: HONG TRANG HCMC – Toyota Motor Vietnam (TMV) today, September 25 introduced three new car models, Wigo, Avanza, and Rush, with all of them imported from Indonesia. These models are available at Toyota dealers nationwide from today. Wigo is the “youngest” model, which debuted globally in 2013, developed primarily for emerging countries such as the Philippines and Indonesia. Despite being a newcomer to the compact-car segment, Wigo has gained success, achieving the No. 1 position in its class in major markets such as the Philippines and Indonesia. With its unique design, top of the line roomy interior, easy steering and fuel economy, Wigo is typically chosen by young customers for their daily urban commutes. Two models of the Toyota Wigo 2018 were introduced: the 1.2AT and the 1.2MT with a 3NR-VE engine, four cylinders and 1.2 liter displacement. This … [Read more...] about Toyota Vietnam imports 3 new car models