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VOLUME 06 ISSUE 07 JULY 2023

Expanding Voluntary Social Insurance Coverage in Vietnam
1Ngoc Ha Tran,2Thi Xuan Huong Le,3Thi Thia Nguyen
1,2,3University of Labour and Social Affairs
DOI : https://doi.org/10.47191/ijmra/v6-i7-05

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ABSTRACT:

Expanding voluntary social insurance coverage is one of the important goals of the social insurance system in Vietnam and many developing countries around the world. This study uses a combination of document research methods, traditional statistical analysis methods; synthesize, compare, contrast, and clarify the theoretical basis for the expansion of voluntary social insurance coverage, the legal provisions on voluntary social insurance policies and the current status of voluntary social insurance coverage in Vietnam. Based on the research results, the authors propose some recommendations to improve the policy and organize the implementation of social insurance, aiming to expand the coverage of voluntary social insurance. Recommendations include: financial incentives through participation and support from the Government, adding short-term benefits to the voluntary social insurance program, reforming administrative procedures and boosting investment application of information technology in the management of the social insurance system, and strengthening communication on voluntary social insurance.

KEYWORDS:

voluntary social insurance, voluntary social insurance coverage, expanded coverage, Vietnam

REFERENCES

1) Central Committee of the Communist Party of Vietnam (2018). Resolution No. 28-NQ/TW of the Seventh Conference of the 12th Central Executive Committee on reforming social insurance policies, issued on May 23, 2018.

2) General Statistics Office of Vietnam (2022). Press release on labor and employment situation in the fourth quarter of 2021 and Vietnam's human development index 2016-2020. https://www.gso.gov.vn/du-lieu-va-so-lieu-thong- ke/2022/01/thong-cao-bao-chi-tinh-hinh-lao-dong-viec-lam-quy-iv-nam-2021-va-chi-so-phat-trien-con-nguoi-viet-nam- 2016-2020/, access date December 24, 2022.

3) General Statistics Office of Vietnam and International Labor Organization (2018). Informal Labor Report 2016, Hong Duc Publishing House, Hanoi.

4) ILSSA & GIZ (2011). Viet Nam Social Protection Glossary. Institute of Labour Science and Social Affairs.

5) International Labor Organization (1952). Convention 102 on Minimum Rules for Social Security, 28 June 1952.

6) ISSA (2018). 10 Global challenges for social security-Asia and the Pacific, International Social Security Association, ISBN 978-92-843-0178-2, Geneva, Switzerland.

7) Liang, L., & Langenbrunner, J. C. (2013). The long march to universal coverage: lessons from China.

8) Long, G. T., & Thu, D. T. (2020). Expanding voluntary social insurance coverage: International practice and lessons for Vietnam. Journal of Banking Science & Training, 44-55.

9) National Assembly of the Socialist Republic of Vietnam (2006). Law on Social Insurance No. 71/2006/QH11, promulgated on June 29, 2006.

10) National Assembly of the Socialist Republic of Vietnam (2014). Law on Social Insurance No. 58/2014/QH13, promulgated on November 20, 2014.

11) Schmitt, V., & Chadwick, R. (2013). Assessment-Based National Dialogue Exercises and Social Protection Floors in East and South East Asia: Methodology and Findings. Social Space, 72-87.

12) Schmitt, V., & Chadwick, R. (2014). Social protection assessment-based national dialogue exercises: C Cambodia, Indonesia, Thailand, Viet Nam. International Social Security Review, 67(1), 95-119.

13) Schmitt, V., & De, L. (2013). Social Protection Assessment Based National Dialogue: A Good Practices Guide: Processes and Tools Developed in East and South-East Asia from 2011 to 2013. ILO.

14) Vietnam Social Insurance (2020), Report on management and use of social insurance fund.

15) Vietnam Social Insurance (2021), Report on management and use of social insurance fund.

VOLUME 06 ISSUE 07 JULY 2023

There is an Open Access article, distributed under the term of the Creative Commons Attribution – Non Commercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting and building upon the work for non-commercial use, provided the original work is properly cited.


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