Will The Vietnam Social Security Fund Be Insolvent?

The Vietnam Social Insurance Fund for many years often gives bad information about the possibility of debt default, fund failure, liquidity loss, etc., when the number of employees who decide to withdraw lump sum social insurance from the fund increases sharply. This information worsened the psychology of employees depositing money into the fund, raising the question of whether the Vietnamese social security fund under the control of the State is really capable of defaulting or not.

In fact, the Vietnam Social Insurance Fund operates in the form of an investment fund when employees and employers who are investors participate in the fund in the form of compulsory or voluntary to receive a large profit in retirement.