Amendments on electronic transaction in social insurance in Vietnam

Recently, the Government of Vietnam has just issued Decree No. 140/2018/NĐ-CP on amendments to Decrees related to business conditions and administrative procedures under the management of the Ministry of Labor, War Invalids and Social Affairs.

Decree No. 140/2018/NĐ-CP of Vietnam’s Government has specified amendments on registration of use of or cessation of using electronic transaction method in social insurance or adjustment to information provided in the declaration of registration of use of electronic transaction method in social insurance, specifically as follows:

- Any organization or individual that wishes to apply for registration of entry into electronic transaction in social insurance or cessation of using electronic transaction method in social insurance or adjustment to information provided in the declaration of registration of use of electronic transaction method in social insurance shall complete the Declaration by using the Form No. 01 in the Appendix III hereof and send the electronic copy thereof to the Vietnam Social Security’s web portal or the physical copy to the Vietnam Social Security;

- Within 03 working days from the receipt of such Declaration, the Vietnam Social Security must send a notification of approval to email of the organization/individual. In case of refusal, the Vietnam Social Security must send a notification stating reasons thereof.

Since the cessation of electronic transactions in social insurance is approved by the Vietnam Social Security, the organization/individual shall conduct paper-based transactions with social security offices in accordance with regulations.

View more details at Decree No. 140/2018/NĐ-CP of Vietnam’s Government, effective from October 08, 2018.

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