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Former VSS heads imprisoned for economic mismanagement

Former VSS heads imprisoned for economic mismanagement

Le Bach Hong, former Deputy Minister of Labour, Invalids and Social Affairs and former General Director of Vietnam Social Security (VSS), was sentenced to six years in prison by the Hanoi People’s Court on September 25.

Former heads of Vietnam Social Security brought to court

Former heads of Vietnam Social Security brought to court

Six defendants charged with “deliberately violating the State’s regulations on economic management, causing serious consequences” at the Vietnam Social Security (VSS) and the Agribank Financial Leasing Company No. 2 (ALC II) were brought to court on September 18.

Vietnam, South Africa to boost social security cooperation

Vietnam, South Africa to boost social security cooperation

A delegation from the Vietnam Social Security (VSS) had a working session with officials of health and social development of South Africa in Pretoria on July 23, seeking to enhance relations between the two countries in these fields.

VSS aims to reduce long-overdue social insurance debt ratio

VSS aims to reduce long-overdue social insurance debt ratio

The Vietnam Social Security (VSS) aims to slash the social insurance debt ratio to below 1.7 percent this year in an effort to ensure benefits for social insurance and health insurance card holders, said VSS Deputy Director General Dao Viet Anh.

Health insurance covers 87.62% of Vietnam population

Health insurance covers 87.62% of Vietnam population

According to a report from the Vietnam Social Security (VSS), as of October 31, 2018, the number of health insurance card holders in the country reached 82.33 million or 87.62% of the population.

Vietnam Social Security receives ASEAN award in IT

Vietnam Social Security receives ASEAN award in IT

The Vietnam Social Security (VSS) has been honoured for applying information technology in developing health insurance management, medical reviews and payment services by the ASEAN Social Security Association (ASSA).

VSS’s entry to ASSA brings about practical benefits

VSS’s entry to ASSA brings about practical benefits

The Vietnam Social Security (VSS)’s entry to the ASEAN Social Security Association (ASSA) has brought about important and practical benefits, improving Vietnam’s social and health insurance systems via acquiring experience and lessons on management and policy enforcement.

90% of social insurance fund invested in G-bonds

90% of social insurance fund invested in G-bonds

About 90% of social insurance funds are currently invested in government bonds (G-bonds), Dao Viet Anh, Deputy General Director of the Vietnam Social Security (VSS), said at a seminar last week.

Abuse of health insurance fund continues

Abuse of health insurance fund continues

Vietnam Social Security (VSS) has reported that many hospitals have been found abusing the health insurance fund in the first six months of this year.

Deputy PM gives direction to prevent 'double' inflation

Deputy PM gives direction to prevent 'double' inflation

Deputy Prime Minister Vuong Dinh Hue has asked the State Bank of Vietnam (SBV) to actively and proactively direct monetary policy; closely combine with fiscal and macro-policies to control inflation; and prevent 'double' inflation caused by higher foreign exchange rates and global fuel prices.