30 trillion VND from unemployment insurance fund to be given to pandemic-hit labourers, employers
26/9/21
Illustrative imageNational 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.
Under Resolution No. 03/2021/UBTVQH15, about 30 trillion VND (1.31 billion USD) 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.
Labourers who have stopped paying unemployment insurance due to the termination of their labour contracts or working contracts between January 1, 2020 and September 30, 2021, and have unemployment insurance premium payment period reserved in accordance with the employment law, are also eligible for the support, excluding retirees who receive monthly pensions.
The support will be delivered from October 1 and scheduled to complete on September 31 at the latest.
The resolution clarifies that 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.
The detail beneficiary will be regulated by the Government, along with directions on the implementation of the policies in a timely, effective and transparent manner.
The resolution took effect on September 24.
On September 24, the Government issued Resolution No. 116/NQ-CP detailing support policies for labourers and employers impacted by COVID-19, using the unemployment insurance fund.
Specifically, different levels of assistance 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 premium./.
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About 118 trillion VND (5.16 billion USD) worth of taxes, land rent, fees, and charges are expected to be reduced or have payment deadlines extended in 2021 to assist enterprises and people affected by the coronavirus pandemic
the Government has carried out many timely support measures
The sum of taxes and budget contributions that were exempted, reduced, or had payment deadlines extended in 2020 stood at around 129 trillion VND.
the Government has proposed the NA Standing Committee issue and launched by itself some solutions to continue assisting the targeted groups to weather difficulties and boost production and business
the current fourth wave of the pandemic has worsened the situation.
the application of “vaccine passport,” the loosening of travel restrictions for passengers who receive full two vaccine shots, is a good solution for the incoming time
The Government is giving flexible policies and measures, ensuring fairness among all firms.
Many foreign businesses have expressed their high appreciation of the Vietnamese Government’s measures to help firms surmount pandemic-caused difficulties.
some additional measures issued by the Vietnamese Government, such as reducing social security contributions and waiving the penalties for late payment, are necessary for businesses to sustain operations,
longer-term solutions are still needed when it comes to added value tax and corporate income tax
the Vietnamese Government has issued many support measures for enterprises amid the pandemic.
businesses welcome any support measures taken by the Vietnamese Government such as exempting taxes and cutting interest rates, energy costs, or rent expenses.
The National Steering Committee for COVID-19 Prevention and Control has adjusted the pandemic response strategy in the direction of safely, flexibly adapting to and effectively controlling COVID-19,
Vietnam is implementing pandemic control and socio-economic development at the same time, and striving to bring the country back to the new normal situation by the end of September
COVID-19 has been gradually put under control in the majority of localities, but complicated developments continue
16 localities have gone through 14 days without any new infection.
As of September 24, 37.6 million doses of COVID-19 vaccines had been injected, with about 22.3 million people receiving first shots and 7.3 million people getting full two shots,
taking communes, wards and townships as “fortresses” and people as “warriors” in the fight
Vietnam is speeding up vaccination, especially targeting those in high-risk areas,
by the end of September, Vietnam will change its situation in coping with the Covid-19, and it will find out a good solution for for this pandemic
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