LookAtVietnam – A two-day seminar opened in Hanoi on March 26 to review two-year implementation of the Law on Social Insurance and put forth solutions to ensure labourers’ interests.
In 2008, the compulsory social insurance scheme attracted 8.527 million people, representing 70 percent of the social workforce and up 4.3 percent compared to 2007.
Last year, the social insurance budget collected 29.3 trillion VND of premiums, a year-on-year increase of 23 percent, including 9.5 billion VND from voluntary social insurance.
During 2007-2008, 14 decrees, 22 ministerial and inter-ministerial circulars and 4 decisions were issued, guiding the implementation of the Law on Social Insurance, Dac said.
Also at the seminar, participants recommended measures to improve law enforcement, including raising employers and employees’ awareness of social insurance, and improving related legal documents.