Hanoi publicises 500 firms with prolonged insurance debts

Upcoming law advised to raise prostitutes' awareness In case prostitutes do not want to change, the law should offer them basic rights, such as protecting them from being beaten and exploited, Deputy Minister of Labour, Invalid and Social Affairs Nguyễn Trọng Đàm told the Voice of Việt Nam's online newspaper. The draft of the law has been prepared and is scheduled to be submitted to the National Assembly in early 2018. Đàm said Việt Nam had undertaken measures to prevent prostitution for years but had still failed to bring the situation under control. In a recent attempt to address the situation, the ministry had prepared a pilot model to prevent prostitution in the five northern provinces, he said. According to the model, peer groups will be set up to get prostitutes to gather. Through these groups, authorised agencies will know how many prostitutes are present in an area, what issues they face, and find ways to help them fix these issues. Additionally, information could be disseminated to alter their view of prostitution. Statistics from the ministry showed that the country currently has over 100,000 prostitutes. Điện Biên border guards nab heroin smuggler The narcotics crime prevention force under Điện Biên Province's Border Guards, in collaboration with the Mường Nhà Border Station, yesterday arrested drugs smuggler Vừ A Phồng. Born in 1982, Phồng resides in Sơn Tống hamlet, Na Tông Commune, Điện Biên District. The smuggler was caught red-handed illegally transporting three heroin packages and 1,600 synthetic drugs tablets in Sơn…... [read more]

Hanoi (VNA) – About 52,000 out of 140,000 companies operating in Hanoi have joined the local social insurance network, bringing the local insurance coverage to 78 percent. The figure was released at a working session between municipal officials and an inspection group from the Vietnam General Confederation of Labour on October 5. As heard at the function, communications have been boosted for the city to hit its target of 90-percent social insurance coverage by 2020. Head of the inspection group Mai Duc Chinh noted efforts made by the capital to raise public awareness about social insurance policy and law. However, Hanoi’s social insurance debt remained high at more than 2.6 trillion VND (117 million USD), he said, adding that local authorities need to pay more attention to legal procedures against enterprises with social insurance debts.-VNA... [read more]

The figure was released at a working session between municipal officials and an inspection group from the Vietnam General Confederation of Labour on October 5. As heard at the function, communications have been boosted for the city to hit its target of 90% social insurance coverage by 2020. Head of the inspection group Mai Duc Chinh noted efforts made by the capital to raise public awareness about social insurance policy and law. However, Hanoi’s social insurance debt remained high at more than VND2.6 trillion (US$117 million), he said, adding that local authorities need to pay more attention to legal procedures against enterprises with social insurance debts.... [read more]

Ha Van Tha, a carpenter who does seasonal work in Hanoi, is concerned that he would lose money under the recent revisions of the social insurance law, which will require employers and and workers with one- to three-month contracts to co-pay premiums on social insurance. Only 150,000 businesses buy social insurance for their employees As a result, under the revised Law on Social Insurance, seasonal workers with one- to three-month contracts will become eligible for paid leave for illness, pregnancy, work accidents or occupational disease, in addition to pensions for retirement. The revised law expands the number of people who can benefit from social insurance and ensures coverage for workers in the event they lose the ability to work. A number of workers, however, say they are not willing to join the compulsory social insurance scheme. "I get paid only VND200,000 (US$9) a day. Although I am provided with meals, I can barely survive, and I can send home only a little money," said Tha of the northern province of Hai Duong. "I'm very happy to learn that under the revisions, my employers will cover part of the social insurance for me. However, I'm concerned that my salary, which is already low, will be deducted to pay for the rest of the premium," Tha said. Nguyen Van Hung, a seasonal electricity worker for a private company in Hanoi, said he was not willing to co-pay for social insurance. "I signed a three-month contract, under which I earn VND4 million ($187)…... [read more]

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. I am afraid that I will not receive a pension once I retire," Nguyen Trung K, an architect in Hanoi, said. K once worked for Archipel, a well-known French-invested architecture firm in Vietnam. When the company began running into trouble in 2010 and took a loss, K and hundreds of other workers could not receive their salaries. The company also did not pay social insurance fees for them.I failed to contact the company for my social insurance book. The company has now dissolved. Whom should I contact to ask about this? The French director has left Vietnam," he said. Archipel, which has owed VND3.7 billion worth of social insurance for the last 47 months, is one of the 155 businesses in Hanoi named in the social insurance agency's list of businesses with the biggest unpaid social insurance fees. In principle, only when Archipel pays up the sum of money, will K and the other hundreds of workers of the company be able to get their social insurance books and submit the books to their new employers. Tracking down businesses to collect unpaid social insurance fees has created a big headache for social insurance agencies.The Vinh Phuc Construction and Rural Development JSC, located just next to the insurance agency's head office, has not paid insurance fees…... [read more]

(VEN) - A deficit in the social insurance fund (SIF) was predicted in a report published by the International Labor Organization (ILO) and the Ministry of Labor, Invalids and Social Affairs (MOLISA) on August 22 in Hanoi. Social insurance fund will be exhausted by 2034 Under the provisions of the current labor law, all Vietnamese citizens signing labor contracts from 3 months or more may participate in social insurance (SI). But in fact, only one fifth of the labor force is covered. However, Vietnam entered a period of population aging last year, i.e. the group of people over 60 account for more than 10 percent of the total population, which meant the number of young people at the working age reduced and pension funds will be depleted due to more pension spending. To address this issue, the ILO recommended that Vietnam's SIF would suffer from a deficit by 2021 and be fully exhausted by 2034 if Vietnam does not change SI policy. "The government, employers and employees need to act urgently and work together to find ways to ensure the payment of pensions in the short and long term," ILO Director in Vietnam Gyorgy Sziraczki said. According to ILO Director Gyorgy Sziraczki, reforming the social insurance fund is like rowing a large boat and the captain cannot wait until the last minute to act. The boat must be turning before approaching too close to obstacles. Unfortunately for Vietnam, the obstacles are very close." A new SI reform needed According to…... [read more]

The International Labour Organisation (ILO) and the Ministry of Labour, Invalids and Social Affairs (MoLISA) have announced the need for comprehensive reform in Vietnam's retirement system. According to an ILO report released on August 22, the Vietnam social security fund may experience deficits by 2021 and be completely depleted by 2034. In addition to providing a forecast on the fund's future liquidity, the report also suggested Vietnam needs to make necessary changes to its policies on social insurance and pensions in order to assure sustainability. The report stated that this is an urgent action needed due to great changes in the population structure, low ratio of contributors to the pension scheme and limitations of social insurance enforcement. Gyorgy Sziracki, Director of ILO in Vietnam, stated it is necessary for the Vietnamese Government, employers and workers to find ways to maintain the long-term pension payment scheme. In order to improve the future financial balance between contributions and benefits of the fund, ILO recommends Vietnam increase the retirement age for both men and women to 65, while further developing voluntary retirement programmes. Addressing a conference on the subject, Deputy Minister of MoLISA Pham Minh Huan underscored the significance of the report, saying that it will serve as a foundation for Vietnam to make laws on social insurance and pensions. The Vietnam Social Security programme covers Vietnamese citizens with employment contracts of three months or longer. However, the implementation of the law is a big challenge for Vietnam as only one-fifth of employees…... [read more]

The International Labour Organisation (ILO) in conjunction with the Ministry of Labour, Invalids and Social Affairs (MoLISA) on August 22 announced an important report, indicating the need for a comprehensive reform in Vietnam's pension scheme. According to the report, which was conducted by ILO with support from MoLISA, Vietnam's social security fund may experience a shortfall by 2021 and be depleted by 2034. Apart from providing forecasts on the fund's future paying capacity, the report also suggested Vietnam needs to make necessary changes to its policies on social insurance and pensions in order to reinforce the fund's sustainability. The report said that this is an urgent action in the context of great changes in the population structure, low ratio of contributors to the pension scheme and limitations of social insurance enforcement. Gyorgy Sziracki, Director of ILO in Vietnam, said it is necessary for the Vietnamese Government, employers and workers to find ways to ensure their long-term pension payment scheme. In order to improve the future financial balance between contributions and benefits of the fund, ILO recommended Vietnam increases the retirement age for both men and women to 65, while further developing voluntary insurance programmes. Addressing the announcing ceremony, Deputy Minister of MoLISA Pham Minh Huan underlined the significance of the report, saying that it will serve as a foundation for Vietnam to make laws on social insurance and pensions. The Vietnam Social Security covers Vietnamese citizens with employment contracts of three months or longer. However, the implementation of the law…... [read more]

The number of people buying health insurance cards in Hanoi is still lower than in other localities despite efforts from local agencies to turn the trend around. Vice chairwoman of the capital's People's Committee Nguyen Thi Bich Ngoc said that 70% of the total city population, equivalent to 4.8 million of people, bought health insurance cards in the period between 2009 and 2012. In comparison, the number of people buying health insurance in northern provinces is 77%, which the figure stands at 90% in northern mountainous provinces. The Ministry of Health has set a target of getting 80% of the population nation-wide to buy health insurance cards by 2020. Nguyen Duc Hoa, deputy director of the Hanoi Social Insurance Agency, said that non-State enterprises were particularly responsible for the low ratio. The agency failed to identify how many non-State enterprises were operating in the city, he said. Chairman of the city People's Committee Nguyen The Thao said that although the city paid attention to publicizing the importance of health-insurance to local people in the past, the amount of citizens then buying a card was lower than expected. The city will focus o­n reducing hospital overloads and improving the quality of examinations and treatment to attract more people to buy health insurance in the near future, he added. KTDT... [read more]

Vietnamese companies are forecast to owe VND6 trillion (USD285.7 million) in social insurance payments to their staff by the end of the year. By the end of August, total social insurance debts were estimated at VND4.61 trillion (USD219.5 million). Up to 70% of the total came from non-state and foreign firms. The shocking news was released at a conference in Hanoi on November 29 to review the five-year implementation of the Law on Social Insurance. According to Mai Duc Chinh, Vice Chairman of the Vietnam General Confederation of Labour (VGCL), by the end of 2010, more than 19,000 enterprises in Ho Chi Minh City owed nearly 700,000 labourers VND374 billion (USD17.8 million) in insurance payments. Some enterprises owe up to more than VND10 billion (USD476,190). Bui Ngoc Ha, Deputy Director of Hanoi Social Insurance, was cited by Tien Phong Newspaper as saying that in the first of nine months of 2011, local enterprises owed VND864 billion (USD41.1 million) to their staff. The list included major state-owned businesses such as the Bridge Joint Stock Company No. 12 which owed VND12 billion (USD574,162) Bridge Joint Stock Company No. 14, VND7.6 billion (USD361,904) and Vit- Garment For Export Co.,Ltd. VND7.4 billion (USD352,380). The money can legally be extracted from the companies' bank accounts, but most of serious offenders have left their accounts empty, leaving authorities having to turn to slow legal measures to recover the debts. Bui Si Loi, Deputy Head of the National Assembly's Social Affairs Committee, said that after visiting localities,…... [read more]




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