Vocational training will focus on skilling up the workforce in the semiconductor chips, hydrogen and carbon credits fields, following a requirement of Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung.

Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung addressed the 15th National Assembly's 7th session in Hanoi on May 27, clarifying key issues raised by lawmakers regarding proposed amendments to the Law on Social Insurance.

The person with the highest pension in Vietnam receives more than 124 million VND (5,200 USD) per month, according to the Vietnam Social Security (VSS).

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.

The Government has officially issued a decree stipulating in details and guiding the enforcement of the Law on Social Insurance on compulsory social insurance for foreign employees in Vietnam.

Officials, Party members and citizens have paid attention to issues being discussed at the seventh plenary meeting of the 12th tenure Communist Party of Vietnam Central Committee, which takes place from May 7-12.

Both employers and employees need to change their attitude and approach to improve the very low rate of social insurance coverage in the country, experts say.

Foreign employees in Vietnam with work permits or practice certificates or practice licences granted by competent Vietnamese agencies will be covered by compulsory social insurance as from 2018.

Speeding up the implementation of the Law on Social Insurance will enable millions of labourers in non-official sectors to access social insurance, securing themselves and the society.