Last year time needed for paying social insurance reduced by 89 hours to 189 hours a year. Meanwhile, in ASEAN, the social insurance premiums of Malaysia account for only 13 percent of salary, the social insurance premiums of the Philippines account for 10 percent of salary, Indonesia and Thailand with 8 percent and 5 percent respectively. From 2018, workers and employees will have to pay social insurance based on total incomes, so the payment will increase. At the event, officials from the VSS as well as social security officials from many provinces and cities untied issues faced by enterprises during the process of completing or paying social insurance online, among other issues. Vu Quoc Tuan, deputy chief of the VSS’s secretariat, said 11.4 million people had compulsory social insurance by the end of September.

Source: VietNamNet News September 29, 2017 09:45 UTC