Society

Under a scenario of Hanoi partially loosening some important business activities, the shortages in the labor market will be improved.

Redundant workers who retire before the retirement age are to receive additional salary support. The support coefficient is calculated according to the number of years participating in social insurance and the number of years in the workforce.

Social insurance agencies had confirmed a list as of September 17 of more than 1.2 million employees with over 38,200 employers that can benefit from a support package totaling VND26 trillion ($1.14 billion).

Hanoi has provided social security support to more than 2.6 million people facing difficulties from Covid-19, totaling over VND1 trillion ($44 million).

People in Ho Chi Minh City who have had two doses of Covid-19 vaccine or are proven to have antibodies will be granted a “green card” and can participate in almost all economic and production activities.

Hanoi is extending the timeframe for the payment of budget obligations for businesses and individuals, to ease the difficulties caused by Covid-19. The city has extended the payment time on nearly VND19 trillion ($831.11 million) of taxes and land rentals.