The Vietnam Social Security (VSS) aims to slash the social insurance debt ratio to below 1.7 percent this year in an effort to ensure benefits for social insurance and health insurance card holders, said VSS Deputy Director General Dao Viet Anh.
The Vietnam Social Security (VSS) hopes to reduce social insurance debt to below 3 percent of its full-year collection plan for this year, heard a conference held in Hanoi on November 15.
About 83 percent of Hanoi’s population has joined the health insurance scheme so far, the city’s Social security Agency announced at a conference to review its performance on November 8.
Transferring the right of suing companies for overdue social insurance payment to workplace-based trade unions has not been as effective as lawmakers had expected.
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.