Unemployment insurance policies are aimed at compensating a part of the income for workers when they lose their jobs, supporting workers in vocational training, maintaining employment, and finding new jobs based on contributions to the Unemployment Insurance Fund.
From January 01, 2018 onwards, several issues related to Social Insurance, Health Insurance, and Unemployment Insurance in Vietnam have changes compared to the current regulations. Among these, the monthly salary for Social Insurance contributions includes the salary, salary allowances, and other supplementary amounts as stipulated by labor law.
What is unemployment insurance? What are the regulations on the compulsory participants in unemployment insurance in Vietnam? - Ngoc Yen (Binh Phuoc, Vietnam)
Employers who fail to follow with regulations on paying insurance for employees will be administratively fined. Below is a summary of the fines for violations of insurance payment for employers in Vietnam
Recently, the Government of Vietnam has promulgated Resolution 116/NQ-CP dated 24/9/2021 about policies to support employees and employers affected by the COVID-19 pandemic from the Unemployment Insurance Fund.
Unemployment insurance (UI) is a regime where when employees lose their jobs, they will be compensated with part of their income to support vocational training costs, job maintenance, etc. for employees. So, in order for employees to enjoy unemployment benefits, the law stipulates the terms, conditions, and levels of unemployment insurance benefits, specifically as follows:
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