Retirement age proposed at 60 for women and 65 for men
The Ministry of Labour, Invalids and Social Affairs has come up with two scenarios for increasing retirement age to 60 for women and 62 for men; or 60 for women and 65 for men.
Minister of Labour, Invalids and Social Affairs, Dao Ngoc Dung speaks at a meeting of the National Assembly’s Committee on Social Affairs on April 23 in Hanoi (Source: vnexpress.net )
Hanoi (VNA) - TheMinistry of Labour, Invalids and Social Affairs has come up with two scenariosfor increasing retirement age to 60 for women and 62 for men; or 60 for womenand 65 for men.
Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung said either ofthese options, if approved, will be implemented with a planned timeline so thatit would not be an immediate change for labourers.
Speaking at a meeting of the National Assembly’s Committee on Social Affairs onApril 23 in Hanoi on the Government’s report on Social Security policiesimplementation and social security fund management, Dung said the amendment ofthe social security policies were made in compliance with internationalpractices.
He said the project would consist of three layers. In the first layer, theGovernment will pay social security fees for those who are beneficiaries ofState supporting policies and these people will enjoy a pension from thesepayments. The second layer includes those who have to buy compulsory socialsecurity, and the third layer includes those who pay for voluntary socialsecurity.
The project also suggested that labourers receive pensions relative to theamount of social security premiums that they have paid, even if the paymenttime period is less than 20 years, as is currently required by regulations.
“We want to make the project universal, so that everyone can have insuranceafter they retire. Social security is one of the two pillars that make up thesecurity of the country," Dung said, "it’s necessary to adjust theperiod of time of payment as some people can’t afford 20 year period.”
“They can get a pension relative to the amount they pay for social security,”he said.
Dung said at the end of 2017, there were 13.6 million people in Vietnam buyingcompulsory social security. While there were more than 600,000 enterprisesoperating in Vietnam, only 230,000 buy social security for their workers.
There were about 3 million people who had not bought compulsory social securityfrom about 300,000 enterprises, Dung said.
He also mentioned voluntary social security, adding that currently 66 percentof labourers are from non-official sectors, which makes the goal of having 50percent of labourers buying compulsory social security difficult.
ℱ “The State needs to revive their policy in order to support a certainpercentage of the social security fees for those in need, so that these peoplecan have pensions when they get old,” Dung said.-VNA
Voluntary social insurance participants will enjoy more benefits including government subsidies of up to 30 percent of premiums, more choices in payment terms, and no age limit on participants.
The World Bank (WB)’s experts have suggested Vietnam promptly reform its social insurance sector systematically in order to ensure the balance between collection and spending in the mid-and long-terms.
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The programme on sustainable poverty reduction has achieved its annual targets for reducing the poverty rate as assigned by the National Assembly and the Government. It has fulfilled five specific objectives and five five-year goals, and met nine out of 12 indicators related to addressing basic social service shortages.
UNICEF stands ready to support the Government in implementing this important law and in continuing to invest in teachers as the cornerstone of a resilient, inclusive, and high-quality education system for all children.
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Vietnamese Consul General in Fukuoka Vu Chi Mai highlighted the growing demand for Vietnamese workers in Kyushu, especially in Fukuoka, Oita, and Saga prefectures. Currently, the region employs about 35,000 Vietnamese manual workers and over 5,000 IT engineers.
In Vietnam’s case, she said, President Ho Chi Minh demonstrated his strategic vision by founding the revolutionary press a century ago. The late leader understood the press's role not only as a means to reflect the country’s realities but also as a powerful tool to strengthen national unity and inspire the resistance wars and national construction process.
In recent interviews granted to the Vietnam News Agency (VNA)'s reporters in Mexico, prominent figures reflected on the press’s legacy and its global influence.
VietnamPlus e-newspaper of the VNA clinched an A prize in the “Outstanding Press Product” category for its immersive 3D multimedia project, “Epic of Reunification,” a groundbreaking blend of storytelling and technology. The VNA won another A prize for its eye-catching exhibition booth.
Today, the press for foreign service has evolved into a distinct, irreplaceable force, bridging Vietnam with the world and portraying a nation that is stable, peace-loving, and fully integrated into the international community.
At a review conference held on June 21, Deputy Minister of Construction Nguyen Van Sinh praised the province’s scientific, coordinated, and flexible approach. He noted that the early completion reflects the strong commitment of local authorities, the business community, philanthropists, and residents in improving housing conditions for disadvantaged groups.
The VNA delegation, led by General Director Vu Viet Trang, actively participated in the event, engaging in both professional and diplomatic activities.
In the context where AI dominates and produces vast volumes of content, the only sustainable path forward for journalism is to focus on high-quality content and core values. Journalism must redefine its mission - not to report the fastest, but to provide the most profound and trustworthy value.
Granma and the VNA have great potential for cooperation, especially in sharing content regularly, so that VNA products are published on Granma platforms and vice versa, thereby helping Cuban and Vietnamese people access true information and gain a deep understanding of each other's country and people.
During his stay in China’s Guangzhou city from 1924 to 1927 to prepare for the establishment of a Communist Party to lead Vietnam’s revolution, President Ho Chi Minh founded “Thanh nien” newspaper and released its first issue on June 21, 1925.
Vietnam and Cambodia are hoped to strengthen their robust collaboration across various sectors, particularly in resolving remaining border issues to transform the border area into a zone of peace, friendship, cooperation, and development.
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.
The total investment exceeded 319 billion VND (12.2 million USD), including over 261 billion VND from the state budget and 57.5 billion VND mobilised from businesses, organisations, and individuals.
Minister of Labour, Invalids and Social Affairs, Dao Ngoc Dung speaks at a meeting of the National Assembly’s Committee on Social Affairs on April 23 in Hanoi (Source: vnexpress.net ) 
