VSS’s entry to ASSA brings about practical benefits

 

Hanoi (VNA) – The Vietnam Social Security (VSS)’s entry to the ASEAN Social Security Association (ASSA) has brought about important and practical benefits, improving Vietnam’s social and health insurance systems via acquiring experience and lessons on management and policy enforcement.

VSS General Director Nguyen Thi Minh made the statement on the sidelines of the 35th ASSA Board Meeting in the beach city of Nha Trang, the central province of Khanh Hoa on September 18-19 on the occasion of the association’s 20th founding anniversary and the 20th anniversary of the VSS’s entry to ASSA.

Minh said over the past two decades, VSS has joined activities of the association, contributing to building the socio-cultural pillar of the ASEAN Community.  

Minh said via ASSA meetings, the VSS had found opportunities to popularise its external activities and improve the sector’s stature and staff capacity.

According to her, ASEAN’s social security system is entering a new development stage due to the fourth Industrial Revolution and free labour migration.

In Vietnam, the workforce is forecast to grow by 1.28 percent annually on average, or 723,000 people per year. The number of workers is predicted to rise from 55.54 million in 2016 to 62 million in 2025. To meet demand, the economy needs to generate roughly 650,000 jobs a year.

In the face of aging population, natural disasters, poverty, environmental pollution and impacts of the fourth industrial revolution, social welfare programmes need to be refined and services need to be made accessible to workers and residents, especially the vulnerable.

The VSS and ASSA members aim to adjust policies, rearrange management using modern technology and sign bilateral and multilateral agreements to ensure workers’ rights.

They will also share experience and learn from experts, partners and international organisations while paying attention to workforce training to adapt to a borderless economy.-VNA