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Vietnam social insurance
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Pensions in Vietnam hindered by companies' low social insurance payments
Vietnamese pensions are not as high as they should be as companies have finagled ways to decrease their social insurance payouts, according to the Ministry of Labor.
Workers don't want social insurance? Change the system
When I first graduated, I deposited money into a social security fund. The deposit was equivalent to 22% of my monthly income, of which I paid 6% and my employer contributed the remaining 16%.
Seniors reluctant to work until retirement age just to qualify for maximum pension
Hau, a garment factory worker in Hanoi's Long Bien District, has paid social insurance premiums for 34 years.
April 9, 2023 | 08:28 pm PT
As many people quit Vietnam's social security system as were joining it
An increasing number of people have quit Vietnam's social security system in recent years, raising concerns about the state budget having to take care for old people without pension.
March 9, 2023 | 05:30 am PT
Social insurance payments owed for 2.7 million Vietnamese workers
Around 2.79 million workers in Vietnam have not had at least a month's worth of their social insurance paid for by their companies, according to statistics from the Vietnam Social Security.
February 22, 2023 | 01:15 am PT
Covid forces workers to quit social security
The Vietnam Social Security has said it is "concerned" that Covid-19 has forced many people to exit the social insurance safety net.
November 21, 2021 | 09:58 pm PT
Hemophiliac discharged after 11-year treatment
A hemophiliac in southern Vietnam who developed a tumor after injury has received insurance cover of VND38.3 billion ($1.66 million) upon discharge.
April 13, 2021 | 11:12 pm PT
Former top insurance officials jailed for economic mismanagement
Two former general directors of Vietnam Social Security will spend six and 14 years in prison for violations causing $73.2 million losses.
September 25, 2019 | 05:14 am PT