Nearly 28.2 trillion VND from unemployment insurance fund given to pandemic-hit labourers
More than 12.32 million labourers affected by COVID-19 have received total support of nearly 28.2 trillion VND (1.24 billion USD) from the unemployment insurance fund so far, according to the Vietnam Social Security (VSS).
Hanoi (VNA) – More than 12.32 million labourers affected by COVID-19 have received total support of nearly 28.2 trillion VND (1.24 billion USD) from the unemployment insurance fund so far, according to the Vietnam Social Security (VSS).
The result was recorded in two months of implementing the Government's Resolution 116/NQ-CP and the Prime Minister’s Decision 28/QD-TTg on assisting pandemic-hit labourers and employers from the unemployment insurance fund from October 1 to November 29.
The VSS said that it has agreed to allow nearly 152,900 labourers from 810 facilities in 57 localities across the country to temporarily postpone retirement and survival insurance payment with total amount of over 1.07 trillion VND, while approving a list of 2.7 million workers from 67,700 companies enjoying support policies.
Of the labourers, 1.85 million have had their labour contracts temporarily suspended or taken unpaid leave, and 537,700 stopped working to receive support of 1 million VND each. As many as 1,024 employers have accessed loans to pay for 82,500 labourers who became unemployed due to COVID-19 .
On October 1, the Government issued Decision No. 28/QD-TTg providing regulations on the implementation of support policies for employees and employers impacted by the COVID-19 pandemic, using the unemployment insurance fund.
Accordingly, different levels of allowances from 1.8 million VND (79 USD) to 3.3 million VND (144.8 USD) will be given to each labourer depending on the time they has paid unemployment insurance premiums./.
Vietnam Social Security (VSS) has reduced the rate of premiums for the labour accident and occupational disease insurance fund to zero percent as part of efforts to enable enterprises to support their employees amid the COVID-19 pandemic.
Vietnamese ministries, sectors and localities have proactively carried out 12 policies in support of employees and employers who are facing difficulties due to the COVID-19 pandemic, according to the Ministry of Labour, Invalids and Social Affairs (MoLISA).
National Assembly (NA) Chairman Vuong Dinh Hue has signed a resolution on the provision of support to labourers and employers affected by COVID-19 using the unemployment insurance fund.
The Vietnam Social Security (VSS) has paid 371 billion VND (16.29 million USD) worth of unemployment insurance benefits to pandemic-hit labourers nationwide so far, the agency reported.
The State Bank of Vietnam (SBV) has issued Circular No.10/2022-TT-NHNN on refinancing the Vietnam Bank for Social Policies (VPSB) so it can roll out a number of relief measures for pandemic-hit labourers and employers affected by the pandemic.
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Illustrative image (Source: laodong.vn) 
