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PM seeks speeding up of vaccinations
Society

PM seeks speeding up of vaccinations

Prime Minister Pham Minh Chinh has signed an Official Letter on speeding up vaccinations and stepping up the implementation of Covid-19 prevention measures, asking the Ministry of Health to ensure sufficient vaccines and drugs are available and to continue to learn from international experience and consult with experts.
Society

Voluntary social insurance of little interest

Among the 35 million informal workers and farmers in Vietnam, the rate of those participating in voluntary social insurance schemes remains low, at 2.94 per cent in 2021. Major barriers in policies, and benefits being less than for compulsory social insurance, make many unwilling to participate.
Society

Localities to build social housing for low-income earners

Hanoi targets developing 8.4 million sq m of housing this year, of which 241,000 sq m will be social housing. Southern Binh Duong province is striving to develop 1 million housing units for workers and low-income earners in the 2021-2025 period, while Ho Chi Minh City has set a target of average per capita housing reaching 27 sq m by 2025. The supply of social housing will be improved in the future.
Amendments coming to Consumer Protection Law

Amendments coming to Consumer Protection Law

After more than ten years of implementation, the Law on the Protection of Consumer Rights is being revised by the Ministry of Industry and Trade (MoIT). A separate chapter is to be added on protecting the interests of consumers in specific transactions, such as remote transactions, direct selling, and multi-level selling. The MoIT is also reviewing a number of other existing laws, such as the Law on Electronic Transactions and the Law on Cybersecurity, to introduce new regulations relating to consumers.
Policies in support of those affected by Covid-19 need amendments

Policies in support of those affected by Covid-19 need amendments

At an online conference on January 10 to begin tasks in 2022 for Vietnam Social Security (VSS), Deputy Prime Minister Le Minh Khai asked it to perfect institutions, strategies, and planning in social insurance, health insurance, and unemployment insurance. He also said that timely support programs are needed for employers and employees affected by Covid-19, and proposed amendments and supplements to appropriate policies.
Signs of labor market recovery as 2021 ended

Signs of labor market recovery as 2021 ended

Mr. Nguyen Trung Tien, Deputy General Director of the General Statistics Office (GSO), told a January 6 press conference on labor and employment in the fourth quarter of 2021 and the year as a whole that over 1.8 million jobs were created in the final quarter thanks to flexible adaptation to pandemic prevention and control measures to restore the economy. Incomes in industry and construction; agriculture, forestry and fisheries; and services increased compared to the third quarter.
Call for lending policies for social housing

Call for lending policies for social housing

The Ho Chi Minh City Real Estate Association (HoREA) has sent a document to the Prime Minister requesting he direct the State Bank of Vietnam (SBV) to allow credit institutions designated by the State to provide preferential loans to purchase social housing.
National reserve supporting people during pandemic and flooding

National reserve supporting people during pandemic and flooding

The General Department of State Reserve held a conference to review work in 2021 and deploy tasks for 2022 on December 29. The national reserve sector issued reserve items worth over VND3.4 trillion ($149 million) this year to support localities facing difficulties from the pandemic and the consequences of flooding.
‘High income’ falls in 2020

‘High income’ falls in 2020

The monthly income of Vietnam’s poorest group of workers reached VND1.13 million ($49.36) in 2020, an increase of VND151,000 ($6.56) compared to 2019. Meanwhile, the earnings of the group of “high income” workers stood at VND8 million ($350), down VND1.1 million ($48.07) compared to 2019, due to the heavy impact of the pandemic.