Vietnam Social Security

Vietnam Social Security is a Government-attached agency and has the functions of organizing the implementation of social and health insurance policies; organizing the collection and payment of unemployment insurance money; managing and using funds: social insurance funds, unemployment funds and health insurance funds; inspecting the payment of social insurance, unemployment insurance and health insurance in compliance with the law.

Vietnam Social Security enforces late payment fines at 0.03% daily

Within the first 10 days of each month, VSS will send written reminders to employers.

Vietnam Social Security reports 19.3m workers with insurance

This is also equal to 40.8% of the country’s workforce.

Vietnam defence ministry sets new rules on social insurance in 2025

In first 2 years of service, contributions will equal 22% of twice the reference salary.

Vietnamese student health insurance coverage reaches 98.4% in 2025

In the first half of 2025, the fund paid out $84.7m for 4.3 million student medical visits.

Vietnam passes law cutting jobless insurance for firms hiring disabled

The law sets the contribution ceiling at 1% of monthly salary.

Vietnam updates social insurance law for foreign contract staff

It requires working foreign nationals to sign for compulsory social insurance system.

Vietnam updates insurance law with guidance on lump-sum payouts

It also clarifies the entitlement to retirement and survivorship benefits.

Vietnam enacts new social insurance law effective 1 July

The changes aim to increase long-term participation.

VSS ends paper health cards as digital IDs go live in June

The VSS has developed a nationally integrated and centralised IT infrastructure.

Vietnam digitises unemployment insurance process to boost service access

The procedure applies to regional and district-level social security office.

Vietnam’s social insurance climbs by 9% YoY in Q1 2025

Participants in unemployment and health insurers also increased during the quarter.

Vietnam city exceeds 2024 targets with 95.25% coverage

Hanoi saw 8,169,748 individuals covered with health insurance last year.

VSS, World Bank target wider social insurance coverage in Vietnam

The world organisation hopes to aid Vietnam’s goal of a 60% coverage target by 2030.

Vietnam state insurer app logs 38% insured users in digital shift

Nearly 2.5 million customer interactions were recorded last year.

Vietnam’s Health Insurance Fund spent $6b on patient care in 2024

Over 186.2 million received medical examination and treatment.