Hanoi publicises 500 firms with prolonged insurance debts
The Hanoi Social Insurance has decided to publicise 500 local enterprises which failed to pay social premiums for their employees for three months upwards.
Hanoi (VNA) – The Hanoi Social Insurance has decided to publicise 500 localenterprises which failed to pay social premiums for their employees for threemonths upwards.
Hanoinow has the highest debts of social, health and unemployment insurance,standing at 3,378 billion VND (148.8 million USD) owed by 23,955 enterprises,affecting the legitimate rights of 334,694 labourers.
Amongthose, Lilama 3 Joint Stock Company has 27 billion VND (1,188 million USD)unpaid in 55 months. It was followed by VIT Garment Company with 22.15 billionVND (974,600 USD) and Xuan Kien Vinaxuki Company with over 16.83 billion VND(740,520 USD)
VuDuc Thuat, Vice Director of the Hanoi Social Insurance, said that these firmshave violated the law as well as the rights of labourers, negatively affectingthe city’s social welfare and security.
Alongwith publishing their names, the Hanoi Social Insurance will roll out measuresto collect the debts and coordinate with other authorized agencies to launchinspections to protect the rights of labourers, he said, adding that the agencyexpects to complete the debt collection in October.
Asmany as 55,747 firms and organisations are joining social and health insurancein Hanoi, including over 48,000 businesses with more than 1.4 million labourerscovered with social, health and unemployment insurance.-VNA
More than 6.5 million time-people in HCM City received medical checks-up and treatment using health insurance in the first half of 2017, reported the city’s Social Insurance Agency on June 21.
Increasing health insurance coverage among people is an important solution that helps build a democratic, equal, prosperous and happy society, said Prime Minister Nguyen Xuan Phuc.
Health insurance profiteering is still common in private hospitals and health clinics, with medicine improperly prescribed and purchased, leading to an imbalance of the health care fund.
The Vietnam Social Insurance Agency (VSIA) granted about 13.3 million social insurance books to citizens nationwide in the first six months of this year, accounting for 99 percent of total insurance participants.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Illustrative photo (Photo: VNA) 
