Contents and home insurance

Over the past few months, how much insurance did ­employers pay after their ­foreign employees in ­Vietnam and how many ­are liable to pay social ­insurance? The Vietnam Social Security’s (VSS) statistics showed that as of February 28, about 8,730 employers and 51,524 foreign employees complied with their obligation to pay ­social insurance in Vietnam. In addition, the total insurance collected from the employers was VND100.8 trillion ($4.38 million). According to the Ministry of Labour, Invalids and Social Affairs (MoLISA), the total number of foreign employees across the country is around 83,046, 90 per cent of whom hold work permits. Thus, after three months of carrying out the decree, about 64 per cent of foreign ­employees participated in the ­compulsory social insurance scheme. This is a quite satisfying result for a new policy. What difficulties does the VSS face during implementation of Decree 143? Compulsory insurance for foreign … [Read more...] about New social insurance policy’s early success

The Hanoitimes - Vietnam and South Korea have had cooperation between their hospitals and medical schools for many years. Vietnam and South Korea to promote strategic cooperation partnership Vietnam and South Korea enhance cooperation in labor safety Vietnamese Minister of Health Nguyen Thi Kim Tien and Korean Minister of Health and Welfare Park Neung-hoo held talks and signed a memorandum of understanding (MoU) to promote bilateral healthcare cooperation in Seoul on March 14, Vietnam News Agency reported.   At the signing ceremony. Photo: VNA Vietnam and South Korea have had cooperation between their hospitals and medical schools for many years and the new MoU is based on the two previous ones but some contents will be added to be suitable with the present situation, said Vietnam’s Health Minister Kim Tien. Vietnam’s health ministry wants to cooperate with the Korean side in training and issuing healthcare professional certificates, building a … [Read more...] about Vietnam and South Korea promote cooperation in healthcare

Bettering new social insurance policy on foreigners, Photo: Shutterstock One of Vietnam’s leading English-language training centres, Apollo Education and Training Organisation (Apollo) has more than 400 foreign teachers working across the country and is one of the most hard-pressed to apply Decree 143. Nguyen Kim Dung, head of Apollo’s Legal, Compliance and Government Relations, told VIR that the procedures to pay insurance after foreign labourers are very complicated and are causing the company concerns. For instance, is examination in public hospitals possible for non-Vietnamese speakers? Does the insurance agency pay for foreign-language prescriptions? And do procedures to get death benefits have to be notarised and translated? “We worry that the complications may undermine the government’s policy on insurance for foreign workers. It is necessary to issue simple and convenient guidelines and procedures for foreign labourers to really enjoy the benefits of … [Read more...] about Bettering new social insurance policy on foreigners

PM to chair meeting on wood exports     Prime Minister Nguyen Xuan Phuc will chair a meeting on wood processing industry and forestry exports in HCM City on August 8, the Ministry of Agriculture and Rural Development’s Viet Nam Administration of Forestry has announced.The forthcoming event will attract the participation of more than 500 enterprises operating in wood and representatives from foreign and domestic agencies. They will discuss measures for the fast and sustainable development of timber industry in the time to come.Statistics from the administration revealed that the country earned US$5 billion from forestry exports in the first seven months of this year, up 14 per cent year-on-year.The exports fulfilled nearly 56 per cent of the yearly target and made up 22.6 per cent of the total turnover of the agriculture sector.The US, China, Japan and South Korea were the largest forestry importers of Vietnamese timber goods. Other markets with strong growth … [Read more...] about BUSINESS NEWS 7/8