The average income of Vietnamese workers in the first half of 2024 was 7.5 million VND (nearly 300 USD) per month, up 7.4% compared to the same period last year.

The Vietnam Social Security (VSS) has completed and surpassed all set targets in the coverage of social, unemployment and health insurance, according to VSS General Director Nguyen The Manh.

The press contributes to creating consensus in building, perfecting, and implementing policies of social insurance (SI), health insurance (HI), and unemployment insurance (UI), Vietnam Social Security (VSS) Deputy Director General Dao Viet Anh said on August 8.

Positive signs have been obtained in the implementation of social, health and unemployment insurance policies in the first month of 2023, according to Duong Van Hao, head of the Vietnam Social Security (VSS)'s Department of Contribution Collection – Insurance Book and Card.

The Vietnam Social Security (VSS) is striving to raise the number of people covered by health insurance to 91.05 million, or 92% of the national population, by the end of this year.

More than 327,000 jobs were provided for labourers in Hanoi and Ho Chi Minh City – Vietnam’s two largest cities – in the first seven months of 2022.

The Vietnam News Agency (VNA) and Vietnam Social Security (VSS) on July 20 signed a deal for coordination in disseminating policies and laws on social, health and unemployment insurance in the 2022 - 2026 period.

More than 86.8 million people, or 88.99 percent of the population, had been covered with health insurance by the end of June, according to the Vietnam Social Security (VSS).

More than 16.7 million people nationwide joined social insurance and unemployment insurance as of the end of May, equivalent to 33.81 percent of the total workforce, an increase of over 507,000 people over the same period in 2021.

The number of people participating in compulsory social insurance and unemployment insurance in the first two months of 2022 recorded year-on-year increases of 1.14 percent and 1.02 percent, respectively, according to Vietnam Social Security (VSS).

Vietnam Social Security (VSS) made efforts to complete its tasks while effectively rolling out policies in support of employees and employers affected by the COVID-19 pandemic last year.

Assistance from the unemployment insurance fund had been delivered to nearly 5.16 million workers affected by the COVID-19 pandemic as of October 25, the Vietnam Social Security (VSS) reported.

Nearly 3 million labourers in Ho Chi Minh City will benefit from the unemployment insurance fund with total allowances of about 6 trillion VND (263.92 million USD), according to Phan Van Men, Director of the city Social Insurance agency.

More than 1.48 million employees in 83,352 units in Hanoi will receive allowances from the unemployment insurance fund, according to Director of the city's Social Security Agency Nguyen Duc Hoa.

The Government has issued a resolution on support for pandemic-hit workers and employers, and the aid will be sourced from the unemployment insurance fund.

Japanese Minister of Health, Labour and Welfare Katsunobu Kato affirmed his country’s pledge to support and protect Vietnamese interns in the country while meeting with Vietnamese Ambassador to Japan Vu Hong Nam in Tokyo on August 11.

Experts have warned that consumers may soon start defaulting on their credit card payments due to rising unemployment and salary cuts in many industries and sectors in the wake of the COVID-19 pandemic.

Vietnam has 85.39 million health insurance holders as of the end of 2019, accounting for 90 percent of the population, heard a recent conference.

Vietnam has recorded continuous expansion of unemployment insurance coverage over the last 10 years with the number of people under this scheme approximating 13 million at present.

The Vietnam Social Security (VSS) targets 32.3 percent of the workforce nationwide joining social insurance in 2019, 33.9 percent in 2020, and 35.6 percent in 2021.