News

Vietnam faces challenges of aging society

An aging population is presenting many challenges for Vietnam as the country’s social security system is still in its early stages and its economic resources are limited, delegates said at the Aging Summit 2022 in Ho Chi Minh City on November 29. ​Le Thu Huyen ...

Vietnam to enter "aged population phase" by 2036

Co-organised by the Institute of Labour Science and Social Affairs (ILSSA); the Institute of Social and Medical Studies (ISMS) and Prudential Life Insurance Company Ltd., the workshop discussed a lot of information about the middle-aged population group of 30 to 44-year olds. This is the ...

National Assembly passes $15b economic recovery package for 2022-23

On the final working day of an extraordinary session, the National Assembly of Việt Nam on Tuesday voted to adopt a Government-proposed socio-economic recovery programme worth nearly VNĐ350 trillion (approximately US$15 billion) over the next two years.The five major tasks stated in the resolution are: reopening ...

Better social assistance system needed to prepare vulnerable people for crisis: World Bank

Despite progress in tackling multiple challenges for different vulnerable groups, Việt Nam’s social assistance system faces challenges that have affected the country’s ability to support vulnerable groups affected by the COVID-19 pandemic, according to a recent report by the World Bank.The report “The Distributional Impact ...

Pensions, social allowances expected to rise 15 percent from 2022

Eight groups of people will enjoy a 15 per cent rise in their pensions and social insurance allowances and monthly subventions from January 1, 2022, when a draft decree on the adjustments of these allowances is issued, according to the Ministry of Labour, Invalids and ...

Vietnam scores average in global social performance index

Vietnam achieved an average score in 2020 Social Progress Index, finishing 88th out of 163 global economies. The nation earned a total score of 68.85 out of 100, above the global average of 64.24, according to the index released last week by Washington-based nonprofit Social ...

Dang Khoa

Second aid package for those hit by COVID-19 proposed

The Ministry of Labour, Invalids and Social Affairs said on August 25 that it has sent a proposal to the Ministry of Planning and Investment seeking the second aid package for businesses and workers affected by the COVID-19 pandemic.The package’s total funding is estimated at ...

HCM City completes financial assistance for those hit by COVID-19

HCM City has basically completed the provision of financial assistance for those hit by COVID-19, according to Director of the municipal Department of Labour, Invalids and Social Affairs Le Minh Tan. The move was in line with Resolution No 02 from the municipal People’s Council, the Government’s Resolution No ...

With jobs lost to Covid-19, Vietnamese struggle to make ends meet

Hundreds of thousands of people who lost their jobs due to the coronavirus pandemic are struggling to pay their bills. Though Vietnam has been among the earliest countries in the world to contain the virus and revive its economy, people are struggling to find jobs ...

New decision supports people in difficult circumstances amid COVID-19

The Prime Minister has issued Decision 15/2020/QĐ-TTg regulating the implementation of policies to support people facing difficulties due to the COVID-19 pandemic.Accordingly, there are seven groups of subjects entitled to support, including employees who must postpone the performance of labour contracts or leave without pay; ...

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