Deputy General Director of Vietnam Social Security (VSS) Dao Viet Anh was quoted by the Vietnam News Agency (VNA) as telling a VSS conference in Hanoi on November 2 that bilateral agreements for a new generation of social insurance policies have been negotiated to support foreign workers engaging in Vietnam’s social insurance scheme. Under Decree No. 143/2018/ND-CP detailing the Law on Social Insurance and the Law on Labor Safety and Hygiene, foreigners working in Vietnam with a work permit, practice certificate, or practice license granted by competent Vietnamese authorities and under indefinite-term labor contracts or contracts with a term of one full year or more shall be subject to compulsory social insurance. Those temporarily transferred from parent companies abroad to subsidiaries in Vietnam or reaching the retirement age shall not be subject to the compulsory social insurance scheme. Deputy Head of VSS’s Department of Social Insurance Policy Implementation Dinh … [Read more...] about National agreements on foreign workers’ social insurance negotiated
Workers compensation insurance carriers
Efforts made to observe rights of foreign workers’ social insurance
Illustrative photo (Source: VNA) Hanoi (VNA) – Bilateral agreements for a new generation of social insurance policy have been negotiated to support foreign workers engaging in Vietnam’s social insurance scheme, said Deputy General Director of the Vietnam Social Security (VSS) Dao Viet Anh. Addressing a VSS conference in Hanoi on November 2, Anh said that under Decree No.143/2018/ND-CP detailing the Law on Social Insurance and Law on Labour Safety and Hygiene, foreigners working in Vietnam with a work permit, practice certificate, or practice licence granted by competent Vietnamese authorities and under indefinite-term labour contracts or contracts with a term of one full year and over shall be subject to compulsory social insurance. Those temporarily transferred from parent companies abroad to subsidiary firms in Vietnam or reaching the retirement age shall not be subject to the compulsory social insurance scheme. Deputy head of the VSS Deparment of Social … [Read more...] about Efforts made to observe rights of foreign workers’ social insurance
Health insurance e-cards to be launched next year
Health insurance e-cards to be launched next yearBy Thanh Hoa Nguyen Thi Thu (C), deputy director of the HCMC Social Insurance Agency, speaks at the dialogue on social insurance policy – PHOTO: THANH HOA HCMC – Electronic health insurance cards are likely to be introduced in mid-2019, said an official of the HCMC Social Insurance Agency at a dialogue on social insurance policy between municipal authorities and enterprises on August 15. A business representative noted it is necessary to enhance the quality of the current health insurance cards, as they are made of paper, which is thin and tears easily. Moreover, these cards are no longer reissued each year, making it difficult for workers to preserve them over the long term. Nguyen Thi Thu, deputy director of the HCMC Social Insurance Agency, claimed the local insurance sector plans to introduce health insurance e-cards by integrating social insurance books and paper-based health insurance cards. She added that … [Read more...] about Health insurance e-cards to be launched next year
Insurance companies may let down Carina Plaza residents
People suffering damages from the fire at the Carina Plaza building may not receive compensation from insurance companies. Victims of the fire may not receive compensation from insurance firms According to the authorities, the Management Board of Carina Plaza had not been elected until the time of the fire. Therefore, in this case, the insured subject may only be the building’s investor. This also means that if the building's management violated the insurance contract on fire prevention and fighting for assets, they could be refused compensation, according to Circular No.220/2010/TT-BTC. “In fact, the fire prevention system in this building seriously violated regulations as the sprinkler system had no water to spray, the fire alarms were inactive, and there was no water in the fire hydrant. There were many other issues, including the fact that the management board was not elected according to regulations, but the investor assigned an administrative for the … [Read more...] about Insurance companies may let down Carina Plaza residents
Carina Plaza fire: management board to compensate uninsured residents
Carina Plaza's management board could propose the insurance company to pay 50 per cent of compensation Regarding insurance compensation for the Carina Plaza fire, is it true that not all insurance holders are compensated because the liability policy may only cover parts, rather than the whole, of the resident’s properties? In this case, apart from the residents who suffered injury or damages to their personal properties, the fire also involved two other subjects: the developer and the management board. The three parties can contact relevant agencies to make claims for damages based on the principle that all parties are in strict compliance with the law. First of all, the developer and the management board, as they are the main individuals to be held accountable for the fire, should contact the company where they have purchased their insurance packages to look for assistance and fill out a compensation claim. The developer and the management board may review their fire … [Read more...] about Carina Plaza fire: management board to compensate uninsured residents