Insurance sector adopts international integration strategy
The PM has approved the insurance sector’s strategy on international integration to 2020 with a vision towards 2030, which aims for a sound and efficient social welfare system.
Insurance sector adopts international integration strategy (Source :baohiemxahoi)
Hanoi (VNA)꧒ – The Prime Minister has approved the insurance sector’s strategy on international integration to 2020 with a vision towards 2030, which aims for a sound and efficient social welfare system to meet international standards as well as conventions in which Vietnam is a member.
The strategy targets 35 percent of total workforce to be covered by unemployment insurance and 50 percent to have social insurance. It also looks to have over 80 percent of the population joining health insurance by 2020.
It has set to perfect social and health insurance policies and their implementation for labourers in bilateral and multilateral agreements, helping narrow the sector’s gap with other countries in the region.
Under the strategy, Vietnam will join international agreements in the field in order to serve the demands of employers and employees in the context of international integration.
A modern social insurance management model is expected to be completed by 2030, meeting the globe’s trend of the free flow of labour while ensuring all Vietnamese citizens, including overseas Vietnamese, will benefit from social and health insurances.
The strategy will also implement international cooperation programmes with numerous countries, territories, and regional and international social welfare organisations, hailing from Europe, North America, the Middle East and Africa.-VNA
Insurance enterprises accumulated more than 152.5 trillion VND (6.7 billion USD) to reinvest this year, up 18 percent against last year, the Insurance Association of Vietnam (IAV) said.
New policies on compulsory social insurance, region-based minimum wages and multidimensional poverty standards are among those that take effect in January 2016.
Voluntary social insurance participants will enjoy more benefits including government subsidies of up to 30 percent of premiums, more choices in payment terms, and no age limit on participants.
Social and health insurance is expected to cover 72.4 million people in 2016, heard a conference of the Vietnam Social Insurance in Hanoi on January 18, to put forth tasks for the sector this year.
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Deputy Foreign Minister Dang Hoang Giang reaffirmed that amnesty is a humanitarian policy of the Party and State, reflecting the Vietnamese tradition of compassion and winning attention and high praise both domestically and internationally.
Vietnam officially grants limited-term visa-free entry to high-profile foreigners whose presence is deemed beneficial to the country’s socio-economic development.
With support from the Vietnamese Association in Ufa, Vietnamese language classes for children have been offered for many years. Currently, 60 children of various ages are attending two classes taught by Duc Anh, free of charge.
Vietnam ranked among the top four countries and territories at the 2025 International Olympiad on Artificial Intelligence (IOAI), reaffirming its strong position in international academic competitions.
All 20 crew members aboard the Vietnamese oil tanker GT Unity were successfully rescued from a fire in the vessel’s engine room, thanks to the swift response of the Liberian-flagged ship Androusa and Vietnamese maritime rescue teams.
Describing Agent Orange as one of the most severe and enduring legacies of the war in Vietnam, Vietnam's former Honorary Consul to Belgium Joseph-Michel de Grand Ry warned that its impact – still affecting generations more than five decades later – could last another two to three decades.
Running from August 4 to September 2, under the hashtag #TuHaoVietNam, the campaign invites participants in two categories: “I Love My Country” video clips and “I Love My Country” check-in photos.
Decree No. 219/2025/ND-CP, which took effect on the issuance date, introduces amendments that integrate the procedure for reporting and explaining the demand for foreign workers into the process of submitting applications for work permits.
With a tight 13-month deadline, the move is under a strategic and urgent policy to bridge educational gaps, train the local workforce, and shore up territorial sovereignty in some of the country’s most remote areas.
The parade and personnel send-off ceremony will officially take place on August 10 at the area surrounding the Statue of King Ly Thai To and Dinh Tien Hoang street of Hoan Kiem ward, with the participation of nearly 3,000 officers, soldiers, and local residents.
According to national technical regulations, AIS installation is mandatory for boats carrying more than 50 passengers. However, operators of smaller vessels (under 50 seats) in Ha Long Bay have voluntarily committed to completing installation by the deadline to enhance operational safety.
The activities include a Vietnamese language teaching training course for overseas Vietnamese teachers from August 13 to 28 in Hanoi, Ninh Binh, and Thai Nguyen.
Specifically, the ships will carry out patrols from 7am to 6pm daily along the main tourist routes in Ha Long Bay, with one ship permanently stationed at Ti Top island. From 6pm to 7am the following day, the mobile vessels return to Tuan Chau island to maintain a 24/7 on-call duty shift, ensuring constant readiness.
The Ministry of Construction (MoC) plans to open to traffic 208km of expressways of six key projects by August 19, bringing the country’s total expressway network to 2,476km.
As of July 1, a two-tier local government model started in 34 provinces and cities, streamlining administration but creating a surplus of public properties. If not promptly addressed, these assets could become a financial burden.
Whether they grow up to become journalists, diplomats, or professionals in other fields, these children can one day become bridges of friendship and cooperation, telling new and inspiring stories of Vietnam – China relations, said Ambassador Pham Thanh Binh.
A 21-year-old Indian tourist was successfully resuscitated and treated by doctors at Hoan My Da Nang Hospital after a near-drowning incident left him in critical condition. After three days of intensive care, the man was discharged from the hospital and has since returned to India.
In an document issued on August 5, the PM emphasised the need to stablise living conditions for people hit by floods, landslides, and flash floods in late July and early August in northern and north-central provinces, especially Dien Bien, Son La, and Nghe An which suffered some of the worst damage.
Although millions of Vietnamese were affected by AO, only over 626,000 individuals, including war veterans and their children suffering from dioxin-related conditions, are currently receiving state benefits.
Insurance sector adopts international integration strategy (Source :baohiemxahoi)
