Legal Counselling

Vietnam: Time of reporting of loans granted by the National Employment Fund

14:15, 13/02/2020

This is an important content specified in Circular No. 01/2020/TT-BLĐTBXH on guidelines for implementation of some articles of Decree No. 61/2015/ND-CP dated July 09, 2015 of Vietnam’s Government on employment creation policies and National Employment Fund and Decree No. 74/2019/ND-CP dated September 23, 2019 of Vietnam’s Government on amendments to Decree No. 61/2015/ND-CP.

According to Article 3 of Circular No. 01/2020/TT-BLĐTBXH of the Ministry of Labor, War Invalids and Social Affairs of Vietnam, reporting of loans granted by the National Employment Fund shall be carried out as follows:

bao cao ket qua cho vay tu quy quoc gia ve viec lam, Thong tu 01/2020/TT-BLĐTBXH

- On a quarterly basis, by the 10th of the first month, the VBSP’s transaction office shall report to the district-level Department of Labor, War Invalids and Social Affairs on loans granted for employment creation, maintenance and development and concessional loans granted to Vietnamese guest workers by the National Employment Fund using the Forms No. 1 and No. 2 hereof.

- On a quarterly basis, by the 15th of the first month, the VBSP’s branch shall report to the provincial Department of Labor, War Invalids and Social Affairs on loans granted for employment creation, maintenance and development and concessional loans granted to Vietnamese guest workers by the National Employment Fund using the Forms No. 3 and No. 4 hereof.

- On a quarterly basis, by the 20th of the first month, the VBSP shall report to the Ministry of Labor, War Invalids and Social Affairs on loans granted for employment creation, maintenance and development and concessional loans granted to Vietnamese guest workers by the National Employment Fund using the Forms No. 5 and No. 6 hereof.

The period of collection of data of loans granted by the National Employment Fund begins from January 01 of the reporting year to the last day of the preceding quarter.

View other provisions at Circular No. 01/2020/TT-BLĐTBXH of the Ministry of Labor, War Invalids and Social Affairs of Vietnam, effective from March 26, 2020.

Thu Ba

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