The new Law on Social Insurance is coming into force at the 1
January 2016 and it will introduce some extensive changes which are
considered to be good for Vietnam and align with international
practice. These changes include, among others, expansion of the
subjects of application of compulsory social insurance; additional
provisions to improve the transparency of social insurance regime
such as rights of employees to self-manage their social insurance
books and obligations of employers to publicize information about
the payment of social insurance premiums to employees every 6
months; steps to be taken to separate unemployment insurance from
the social insurance regime; etc.
In order to ensure such changes are properly understood by
employers and employees, the Ministry of Labour, War Invalids and
Social Affairs should have more consultation and communication with
the business community by reviewing regulations related to such
changes, directly interacting with