Considering the Temporary Suspension of Contributions to the Retirement and Survivorship Fund for a Maximum Period of 12 Months

This is a notable content stipulated in Resolution 105/NQ-CP of the Government of Vietnam regarding the online meeting of the Government of Vietnam with localities and the regular meeting of the Government of Vietnam in June 2020.

the Government of Vietnam consistently maintains the standpoint of sustaining macroeconomic stability, resolutely preventing the return of the Covid-19 pandemic, while seizing opportunities to quickly restore economic activities and striving to achieve the highest possible levels of socio-economic development goals and tasks for 2020; focusing on several key areas:

- Social Insurance to research and report to the competent authority for consideration and resolution the temporary suspension of pension and survivorship fund contributions for a maximum duration of 12 months applicable to units and employees facing difficulties due to the Covid-19 pandemic until the end of December 2020;- Ministry of Education and Training to adequately prepare conditions for the new 2020-2021 academic year, implement textbooks according to the new General Education Program ensuring textbooks are used long-term, economically, and effectively; preside, cooperate with Ministry of Finance to determine appropriate textbook prices;- Ministry of Health to effectively execute healthcare services for the people, enhance the use of digital technology in healthcare, including remote medical consultations and treatments;- …

Details can be found at Resolution 105/NQ-CP, effective from July 14, 2020.

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