Hanoi (VNA) - New policies on compulsory social insurance, region-based minimum wages and multidimensional poverty standards are among those that take effect in January 2016. The revised Law on Social Insurance, which came into force on January 1, adds three more groups of people to the list of those covered by compulsory social insurance. They are persons working under labour contracts of a definite term of one month to under three months, part-time communal cadres and foreigners working in Vietnam under work permits, practice certificates or licences issued by competent Vietnamese authorities. The revised law expands the coverage of voluntary social insurance, and removes the maximum age limit for persons to qualify for voluntary social insurance. Before the revision, only working-age persons were allowed to participate in voluntary social insurance. Government Decree No 115/2015/ND-CP guides the implementation of some articles of the law by defining a maternity regime for female … [Read more...] about Bản in : Insurance, wage policies take effect
Definition poverty level
Hanoi(VNA) – The 11th Party Central Committee’s report on the documents of the 12 th National Party Congress has highlighted the determination to redouble efforts to build the Party clean and strong, push forward the renewal comprehensively and harmoniously, and firmly defend the homeland, among others. The following is the full text of the report, delivered to the 12th National Party Congress by Party General Secretary Nguyen Phu Trong. “REDOUBLE EFFORTS TO BUILD OUR PARTY CLEAN AND STRONG; PROMOTE THE ENTIRE NATION’S STRENGTH AND SOCIALIST DEMOCRACY; PUSH FORWARD COMPREHENSIVELY AND HARMONIOUSLY THE RENEWAL PROCESS; DEFEND FIRMLY THE HOMELAND AND MAINTAIN STURDILY A PEACEFUL AND STABLE ENVIRONMENT; AND STRIVE FOR OURS TO SOON BECOME BASICALLY AN INDUSTRIALIZED COUNTRY TOWARD MODERNITY Report of the Party’s XIth-tenure Central Committee presented by General Secretary Nguyen Phu Trong on the Party’s XIIth Congress Documents Members of the … [Read more...] about Bản in : 11th Party Central Committee’s report on Congress documents
This was the main theme of a recently held round-table discussion with the attendance of former Deputy Prime Minister Vu Khoan, Dr Tran Dinh Thien, director of the Vietnam Institute of Economics and Professor Vu Trong Phuc, former director of the Institute of Party History under the Ho Chi Minh National Academy of Politics. Reform is a continuous process Question: After 30 years of Doi Moi, what does Vietnam need to do to move the country forwards on the path of rapid and sustainable development? VU KHOAN: Some people say that it is time for a second round of reform. But I think reform is a continuous process - what was appropriate yesterday may not be relevant today. This is even truer with domestic and global contexts changing rapidly. The Doi Moi reform launched during the 1980s began with a breach of regulations in agriculture seen in the secret allocation of land to farmers. That act was later approved by the Central Committee, which helped change the life of farmers and … [Read more...] about Nhandan Newspaper – What’s next for Vietnam after 30 years of Doi Moi?
Vietnam defines Japan as the leading important and long-term development partner, said Party General Secretary Nguyen Phu Trong in his interview granted to major Japanese news agencies and newspapers on the threshold of his official visit to Japan from September 15-18. Regarding questions raised by reporters of NHK Television, Yomiuri Shimbun and Asahi Shimbun newspapers on the aim of the visit, the Party leader said that t his is his first ever official visit to Japan in the capacity as the General Secretary of the Communist Party of Viet Nam at the invitation of Prime Minister Shinzo Abe. The visit takes place at a time when bilateral relations have been flourishing . With this visit, Vietnam wants to reaffirm its consistent policy to consider Japan as the leading important and long-term development partner as well as its desire to further deepen the Extensive Strategic Partnership between the two countries for peace and prosperity of Asia . ”I hope that the three highlights … [Read more...] about Bản in : Party chief: Vietnam regards Japan as top development partner
Editor's note: Branko Milanović is an economist who specializes in development and inequality. He is currently Visiting Presidential Professor at City University of New York Graduate Center and an affiliated senior scholar at the Luxembourg Income Study (LIS). He was formerly the lead economist in the World Bank's research department. His more recent book is Global Inequality: A New Approach for the Age of Globalization.As many of the world’s richest and most powerful individuals gather at the World Economic Forum in Davos this week, we again find ourselves talking about economic inequality. New figures from Oxfam show the world’s billionaires increased their fortunes by a handsome $762 billion in just 12 months, enough to end extreme poverty seven times over.Oxfam uses Credit Suisse data to show that 82 percent of new wealth created last year went to the top 1 percent. This is a long-term problem – the World Inequality Report[i], reveals … [Read more...] about Income inequality rising globally: economist