Proposed amendments to Law on Social Insurance of Vietnam

The Vietnamese government has just promulgated Resolution 152/NQ-CP thematic session on law-making, including the proposed content draft the revised Law on Social Insurance on the November 2021.

Proposal amendment to Law on Social Insurance in Vietnam

The Vietnamese Government agreed on the demand, goals and views to amend the Law on Social Insurance. Simultaneously, the Ministry of Labor, War Invalids and Social Affairs shall assume the prime responsibility for, and coordinate with the Ministry of Justice, the Government Office and relevant agencies in, fully absorbing the opinions of the Government members, expeditiously completing the policy content towards:

- The content of policies needs to continue to be reviewed and closely followed Resolution 28-NQ/TW dated May 23, 2018 and the Document of the 13th Party Congress on social security policies.

Actively communicate and collect comments from relevant agencies and organizations, experts and scientists, especially the opinions of affected subjects to receive multi-dimensional opinions, especially opinions. especially sensitive issues;

Distilling international experience to perfect policies, propose appropriate and feasible solutions, fully meet the objectives of enhancing social security, comply with the law, timely prevent fraud, taking advantage of social insurance policies in Vietnam;

Limiting the evasion of payment, especially the delay in payment for a long time, leading to the inability to collect, pay, and ensure the right to participate and enjoy social insurance for employees in the current context.

- Assign the Ministry of Labor, War Invalids and Social Affairs of Vietnam to assume the prime responsibility for, and coordinate with Vietnam Social Insurance and relevant ministries and agencies in, summarizing Resolution 93/2015/QH13 dated June 22, 2015 overcome limitations due to current regulations, remove difficulties that are not suitable with reality, propose flexible policy solutions, suitable to Vietnam's conditions, and meet the requirements of employees when having difficulty withdrawing social insurance, while ensuring sustainable social security when employees reach retirement age.

In addition, the Ministry of Labor, War Invalids and Social Affairs of Vietnam was assigned to coordinate with the Ministry of Justice to complete the application for the Law in accordance with the provisions of the Law on Promulgation of Legal Documents.

Assign the Minister of Justice, authorized by the Prime Minister, on behalf of the Government to submit to the National Assembly Standing Committee a proposal to include the Law project in the 2023 Law and Ordinance Development Program for submission to the National Assembly at the Fifth Session of the National Assembly. 6 National Assembly XV.

Resolution 152/NQ-CP of Vietnam was promulgated on December 3, 2021.

Bao Ngoc

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