Specifically, from October 1-15, the agency supported 4,512 units and 111,127 employees, with a total amount of VND235 billion (US$10.3 million).

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In addition, over 81.860 units with over 1.76 million employees in the city have their premiums reduced from 1 percent of their wage funds to zero percent, with a total amount of VND1.9 trillion.

On October 1, the Government issued Decision No. 28/QD-TTg providing regulations on the implementation of support policies for employees and employers impacted by the Covid-19 pandemic, using the unemployment insurance fund.

About VND30 trillion (US$1.31 billion) from the fund will be used to support labourers who are covered by unemployment insurance as of September 30, 2021, excluding employees in State agencies, socio-political organisations, people’s armed forces and public non-business agencies who are paid by the State budget.

Accordingly, different levels of allowances from VND1.8 million to VND3.3 million will be given to each labourer depending on the time they has paid unemployment premiums.

Employers, excepting State agencies, socio-political organisations, people’s armed forces and public non-business agencies funded by State budget, who are joining unemployment insurance before October 1, 2021, will have their premiums reduced from 1 percent of their wage funds to zero percent for a duration of 12 months from October 1.

VND30 trillion from unemployment insurance fund to be given to pandemic-hit labourers, employers

National Assembly (NA) Chairman Vuong Dinh Hue has signed a resolution on the provision of support to labourers and employers affected by Covid-19 using the unemployment insurance fund.

Social and unemployment insurances support labour

(BGO) -  To remove the difficulties caused by Covid-19 epidemic, the Social Insurance in Bac Giang province has coordinated with relevant departments and sectors to quickly support to handle the policies of social insurance and unemployment insurance for business and labour.

Top 10 prestigious insurance companies in Vietnam in 2021 announced

The Vietnam Report Joint Stock Company on July 9 announced the top 10 prestigious life and non-life insurance companies in Vietnam in 2021 as well as assessments on the Vietnamese insurance market.

Labour Confederation proposes health insurance premium exemption

The Vietnam General Confederation of Labour (VGCL) has proposed an eight-month exemption of health insurance premiums, until January next year, for labourers and firms victimised by Covid-19.

Source: NDO/VNA