Hanoi: social insurance coverage reaches 78 percent
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.
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
Vietnam Fatherland Front President Nguyen Thien Nhan has asked for more stringent punishments for companies dodging social insurance premiums for workers as the evasion is now at an alarming rate.
Vietnam’s Social Insurance Agency will pay heed to engaging more social insurance participants and making administrative reforms in the last six months of the year.
New regulations of the revised Law on Social Insurance and international experiences in reforming social issuance policy were the focus of a dialogue forum in Hanoi on July 13.
Around 12.4 million people have joined compulsory state social insurance as of the end of July this year, while 10.57 million are covered by unemployment insurance.
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The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
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The strategic product, managed and operated by the Vietnam News Agency Digital Media Centre (VNA Media), is an official channel for popularising the Party and State’s information and documents as well as delivering mainstream and trustworthy news to both domestic and international audiences through various kinds of multimedia formats.
Since President Ho Chi Minh founded Thanh Nien (Young People) newspaper in 1925, the Vietnamese revolutionary press has become the voice of the people. During the resistance war against the colonialists, journalists took great personal risks to inspire patriotism and the will of rising up against foreign invaders.