, Vietnam
/Jason Rost from Unsplash

Vietnam launches plan for social insurance with Korea

The international cooperation dept will lead insurance tasks.

On 13 May, Vietnam Social Security issued Plan No. 1374/KH-BHXH to implement the social insurance agreement between Vietnam and South Korea. 

The plan aims to fully and accurately fulfil the commitments, responsibilities, and obligations, ensuring the rights and interests of affected labourers. It specifies tasks, deadlines, and responsibilities for units within Vietnam Social Security and provincial Social Security Offices.

The plan emphasises coordination between the Ministry of Labour, Invalids and Social Affairs, other relevant ministries, sectors, and Korean partners. It requires timely and effective task execution from all units involved.

ALSO READ: Vietnam reviews draft laws on social insurance, trade unions

Key tasks include participating in policy formulation, executing the implementation agreement, communicating the agreement’s contents, providing training for civil servants, and rewarding outstanding achievements. 

The implementation of the agreement should be integrated into annual action plans.

The Department of International Cooperation will lead the promotion and execution of these tasks and report on the outcomes. 

Heads of units and provincial directors must ensure progress, quality, and effectiveness, reporting results to Vietnam Social Security by 30 November.

Follow the link for more news on

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!