Forms of Investment Activities from the Social Insurance Fund, Health Insurance Fund, and Unemployment Insurance Fund

12:44, 11/07/2024

On April 28, 2016, the Government of Vietnam promulgated Decree 30/2016/ND-CP detailing investment activities from social insurance, health insurance, and unemployment insurance funds.

Investment activities from the Social Insurance Fund, Health Insurance Fund, and Unemployment Insurance Fund are conducted through the following forms:

+ Purchasing government bonds;

+ Lending to the state budget;

+ Depositing funds, purchasing bonds, promissory notes, treasury bills, and certificates of deposit at commercial banks with good operational quality according to the credit rating of the State Bank of Vietnam;

+ Lending to the Vietnam Development Bank, Vietnam Bank for Social Policies in the form of purchasing bonds guaranteed by the Government of Vietnam issued by these banks;

+ Investing in important projects based on the decision of the Prime Minister of the Government of Vietnam.

Exclusive lending activities to banks and investment in important projects are only permitted using the unemployment insurance fund and must not exceed 20% of the prior year's balance of the unemployment insurance fund.

Decree 30/2016/ND-CP is effective from June 16, 2016.

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