Vietnam disburses cash assistance to over 10.3 million workers

More than VND24.6 trillion (US$1.6 billion) in cash assistance has been disbursed from the unemployment insurance fund.
By: | November 12, 2021

This was disclosed by the Vietnam Social Security (VSS).

Meanwhile, Vice President of the Vietnam Fatherland Front (VFF) Central Committee Truong Thi Ngoc Anh has also allocated VND15.5 billion (US$683,328) for COVID-19 prevention and control in localities.

The Central Relief Committee decided to transfer VND500 million (US$2,204) in donations by overseas Vietnamese to the standing board of the VFF Committee of Ha Tien city, the southern province of Kien Giang for the effort.

According to the prime minister’s Decision on amendments and supplements of several articles of Decision dated July 7, 2021, employers that have fully paid social insurance premium or are suspending contributions to retirement and survivor benefit funds as of January 2021, and employers affected by COVID-19 suffering from a reduction of at least 10% of the employees participating in social insurance compared to that in January 2021 will be entitled to financial assistance.

READ: Vietnam’s unemployment insurance supports over 5 million workers

These employers will also receive financial assistance to train and improve the vocational skills of their workers.

Workers who are forced to have their labour contracts suspended, be on no-pay leave due to COVID-19 treatment and medical quarantine, or partly or full closure of their factories will be also entitled to the assistance, according to Vietnam+.