The unemployment benefit settlement service group using the Unemployment Insurance Fund in Vietnam

The unemployment benefit settlement service group using the Unemployment Insurance Fund in Vietnam

Issue the List of public service services using the Unemployment Insurance Fund, specifically as follows:

(1) Consulting and job placement service groups for employees as prescribed in Article 54 of the Employment Law

- Consulting services.

- Job placement services.

(2) Service group that supports training, fostering, and improving vocational skills to maintain jobs for workers

- Service of receiving and processing dossiers requesting support for training, fostering, and improving vocational skills to maintain jobs for workers.

- Results return service to support training, fostering, and improving vocational skills to maintain jobs for workers.

(3) Unemployment benefit handling service group

- Services for receiving and processing applications for unemployment benefits.

- Job search notification service.

- Services for temporary suspension of unemployment benefits.

- Services continue to enjoy unemployment benefits.

- Services to terminate unemployment benefits.

- Transfer and reception services for relocation to receive unemployment benefits.

(4) Services for receiving and processing applications for vocational training support.

Decision 1474/QD-TTg takes effect from the date of signing.

Regulations on management of Unemployment Insurance Fund

According to the Employment Law 2013, the Unemployment Insurance Fund is accounted for independently. Social insurance organizations perform the collection, expenditure, management, and use of the Unemployment Insurance Fund.

- Investment activities from the Unemployment Insurance Fund must ensure safety, transparency, efficiency, and recovery when necessary through the following forms:

+ Buy bonds, treasury bills, and government bonds of the State; bonds of commercial banks with more than 50% charter capital owned by the State;

+ Invest in important projects according to the Prime Minister's decision;

+ Lending to the state budget, the Vietnam Development Bank, the Bank for Social Policies, and commercial banks with over 50% charter capital owned by the State.

>> CLICK HERE TO READ THIS ARTICLE IN VIETNAMESE