Illustrative image (Source: VNA)

Hanoi (VNA) – About 52,000 out of 140,000 companies operating in Hanoi have joined the local social insurance network, bringing the local insurance coverage to 78 percent.

The figure was released at a working session between municipal officials and an inspection group from the Vietnam General Confederation of Labour on October 5.

As heard at the function, communications have been boosted for the city to hit its target of 90-percent social insurance coverage by 2020.

Head of the inspection group Mai Duc Chinh noted efforts made by the capital to raise public awareness about social insurance policy and law.

However, Hanoi’s social insurance debt remained high at more than 2.6 trillion VND (117 million USD), he said, adding that local authorities need to pay more attention to legal procedures against enterprises with social insurance debts.-VNA