VIETNAM NEWS HEADLINES OCTOBER 4

Over 3 million labourers in HCM City subjected to unemployment insurance allowances Nearly 3 million labourers in Ho Chi Minh City will benefit from the unemployment insurance fund with total allowances of about 6 trillion VND (263.92 million USD), according to Phan Van Men, Director of the city Social Insurance agency. They include employees of 84,000 businesses and those with unemployment insurance premium payment period reserved. Men said that due to COVID-19, HCM City has the number highest of unemployed labourers and labourers on unpaid leave in the country. Along with reducing employees' unemployment insurance premium from 1 percent of their wage funds to zero percent, the city is promptly implementing a 1.9 trillion VND (83.56 million USD) package to support pandemic-hit enterprises, he said. 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. Accordingly, different levels of allowances from 1.8 million VND (79 USD) to 3.3 million VND (144.8 USD) will be given to each labourer depending on the time they has paid unemployment premiums. On September 30, the National Assembly also issued a resolution on the… Read full this story

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