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Employees in difficult areas may be able to retire early
Society

Employees in difficult areas may be able to retire early

The Ministry of Labor, War Invalids and Social Affairs has issued Official Letter No. 3582 to the Vietnam Social Security seeking comments on the retirement policy for employees working in areas with extremely difficult socio-economic conditions, such as highlands, remote areas, border areas, and islands. Employees with a full 15 years in the workforce will be able to retire five years earlier under the policy.
Society

Aging population driving nursing home market

The nursing home market in Vietnam is still very much in its infancy. Only 32 of the country’s 63 cities and provinces have specialized facilities for the elderly, so demand for nursing homes and elderly care centers is huge. The State is now perfecting mechanisms and policies to encourage private enterprises to join the market and expand the nursing home network.
Society

Just 6.1% of loan package for salary payments disbursed

As of September 30, only VND462 billion ($20.4 million) of an interest-free loan package to pay the salaries of more than 130,000 employees had been disbursed, or 6.1 per cent of the total capital. The government has therefore decided to ease the lending conditions on these loans.
Employees in difficult areas may be able to retire early

Employees in difficult areas may be able to retire early

The Ministry of Labor, War Invalids and Social Affairs has issued Official Letter No. 3582 to the Vietnam Social Security seeking comments on the retirement policy for employees working in areas with extremely difficult socio-economic conditions, such as highlands, remote areas, border areas, and islands. Employees with a full 15 years in the workforce will be able to retire five years earlier under the policy.
Hanoi now a ‘green zone’

Hanoi now a ‘green zone’

With the number of new cases of community transmission of Covid-19 standing at 0.025 per 100,000 people each week and the rate of people over 18 years of age having received at least one dose of vaccine reaching nearly 98 per cent, Hanoi has become a “green zone” under pandemic control regulations.
Over 24 mln workers receive support

Over 24 mln workers receive support

Nearly 24 million employees hit by Covid-19 have been given a total of VND21.89 trillion ($961.76 million) out of a support package of VND26 trillion ($1.14 billion). The Unemployment Insurance Fund has also supported more than 540,000 workers affected by Covid-19, with a total amount of VND1.25 trillion ($54.92 million).
Aging population driving nursing home market

Aging population driving nursing home market

The nursing home market in Vietnam is still very much in its infancy. Only 32 of the country’s 63 cities and provinces have specialized facilities for the elderly, so demand for nursing homes and elderly care centers is huge. The State is now perfecting mechanisms and policies to encourage private enterprises to join the market and expand the nursing home network.
Just 6.1% of loan package for salary payments disbursed

Just 6.1% of loan package for salary payments disbursed

As of September 30, only VND462 billion ($20.4 million) of an interest-free loan package to pay the salaries of more than 130,000 employees had been disbursed, or 6.1 per cent of the total capital. The government has therefore decided to ease the lending conditions on these loans.

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