Directive by the Government of Vietnam on Not Increasing Health Insurance Premiums for Employees

This is the resolution content of the Government of Vietnam in Resolution 75/NQ-CP dated August 9, 2017, regarding the regular Government meeting in July 2017.

According to the discussion at the regular Government meeting of Vietnam in July 2017 held on August 3, 2017, the Government of Vietnam requested the Ministry of Health and Vietnam Social Security to temporarily not increase the health insurance (BHYT) contribution rates to avoid pressure on expenses for businesses and employees.

At the same time, the Government of Vietnam also agreed to reduce various fees and cut down on certain administrative procedures for businesses, such as:

- Reducing road usage fees collected through BOT stations;- Reducing logistics costs to 25% of GDP by 2018 and to 20% of GDP by 2020;- Cutting at least 10% of production and business expenses for corporations, state-owned companies, and enterprises;- Reducing specialized inspection procedures for imported consignments subject to inspection during clearance from 30-35% currently to 15%;- Eliminating at least 50% of items in the list of Group 2 goods subject to state inspection before customs clearance by June 2018.

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