Inspections over social insurance funds should be increased
Inspections over social insurance funds should be increased: lawmakers
Strengthening inspections over social insurance funds is essential given the hike in their management expenses in 2016 and 2017, heard the ongoing 24th session of the National Assembly Standing Committee in Hanoi on May 15.
Hanoi (VNA) – Strengthening inspectionsover social insurance funds is essential given the hike in their managementexpenses in 2016 and 2017, heard the ongoing 24th session of the NationalAssembly Standing Committee in Hanoi on May 15.
Lawmakers held that the management cost forsocial insurance funds was higher than that proposed by the Government inReport No.480/BC-CP dated October 9, 2015 for the 2016-2018 period.
Specifically, the management cost rose 6.2percent to 612 billion VND or 26.7 million USD in 2016 and 13 percent to 1.38trillion VND or 60.3 million USD in 2017.
The figure is estimated to increase 21 percentto over 2.4 trillion VND (104.8 million USD) in 2018.
Legislators asked the Government to pay moreattention to ensuring the effective use of management expenses and encouragingmore people to join social insurance, health insurance and unemploymentinsurance annually.
They agreed with the Government’s proposal ofkeeping the social insurance and unemployment insurance management spendingrates at 2.15 percent in 2019, 2.0 percent in 2020, and 1.85 percent in 2021.
Deputies recommended reducing expenditure incase of failure to meet the estimates.
Vice Chairwoman of the National Assembly TongThi Phong urged relevant insurance agencies to increase communication campaignson the implementation of social, unemployment and health insurance policies inaddition to improving the management of insurance funds.
During the function, lawmakers reviewed theimplementation of Resolution No.1083/2015/UBTVQH13 issued by the NationalAssembly Standing Committee in 2015 on the management cost of social andunemployment insurance in 2016-2018 and the transfer of State budget to socialinsurance funds.-VNA
Experiences in maintaining sustainable social insurance amidst the aging population were shared by experts and managers at a workshop hosted by the Vietnam Social Security (VSS) in Hanoi on March 6.
The World Bank (WB)’s experts have suggested Vietnam promptly reform its social insurance sector systematically in order to ensure the balance between collection and spending in the mid-and long-terms.
The draft plan on reforming social insurance policy received much support from members of the 12th-tenure Party Central Committee (PCC) when it was discussed at the fourth working day of the committee’s 7th plenary session on May 10.
Stronger efforts and determination are required to achieve and surpass the set targets, especially in the eradication of makeshift and dilapidated houses nationwide, the acceleration of public investment disbursement, and the implementation of nationally important transport projects, PM Pham Minh Chinh noted.
The trip will be made at the invitations of Chinese Premier Li Qiang and WEF President and CEO Børge Brende, according to an announcement from the Ministry of Foreign Affairs.
Long spoke highly of the dynamic, positive, and comprehensive development of Vietnam – Russia relations in recent years. He affirmed that the Vietnamese Party and State place great importance on further strengthening the comprehensive strategic partnership with Russia in a substantive and effective manner, in line with the development needs of both nations.
At the conference, participants reported that the Government has so far issued 28 decrees on the delegation of responsibilities and powers between the central Government and two-tier local administrations. Several localities have already piloted the new governance model.
Reality is the ultimate benchmark for success, he said, urging drafting agencies to work out policies that foster development, reduce bureaucratic hurdles, and respect practical conditions.
Under the official dispatch signed on June 20, ministers, heads of ministerial-level agencies, and chairpersons of provincial and municipal People’s Committees are requested to concentrate efforts on implementing core measures to ensure the smooth operations of the new administrative framework.
The Party chief underscored the need for the press to innovate relentlessly, evolve to keep pace with the country's development, transform into a truly professional, humanistic, and modern sector that serves the cause of the Party, the State, and the people on the path to national construction and development.
The UN Secretary-General praised Vietnam’s remarkable achievements in socio-economic development and international integration in recent years, noting that the country has emerged as a model in implementing the Sustainable Development Goals (SDGs), promoting international peace and security, and engaging in key UN processes.
Nghia affirmed that this is a milestone of special significance, affirming and honouring the the Vietnamese revolutionary press’s glorious tradition of 100 years of serving the revolutionary cause of the Party, serving the Fatherland, and serving the people.
The Party and State of Vietnam always attach great importance to and give top priority to the development of Vietnam–China relations. Vietnam is ready to work with the Chinese Party and State to further deepen the Comprehensive Strategic Cooperative Partnership and promote the building of the Vietnam-China community with a shared future that carries strategic significance.
Under the leadership of President Ho Chi Minh and the CPV, President Cuong said, the press has been a steadfast force on the ideological and cultural front, rallying the masses to pursue national aspirations.
NA Chairman Tran Thanh Man stressed the need to accelerate the application of artificial intelligence and smart teaching equipment, innovate teaching and assessment methods, and further improve the quality of formal education.
He also pledged that the NA will promote its ongoing supervision, making sure that every promise must lead to results, and every commitment must bring about real changes.
Minister of Industry and Trade Nguyen Hong Dien welcomed the proposals put forward by the US side and reiterated Vietnam’s request for consideration of key areas of interest, including reciprocal tariff policies and access for Vietnamese key export products to the US market.
Deputy PM Le Thanh Long proposed countries promote shared values, including building trust, sincerity, and solidarity among nations and peoples; fostering cooperation spirit and responsible behaviour as well as upholding international law and the UN Charter; and placing people at the centre and as the goal, the key player, and the driving force of all policies.
The show, together with a grand parade to be held silmutaneously at Ba Dinh Square in Hanoi, will celebrate the 80th anniversary of the August Revolution, the National Day, and the General Staff of the Vietnam People’s Army (VPA).
In particular, in April 2023, the two sides successfully carried out a joint operation that dismantled a major organised, transnational drug trafficking ring involving both Vietnamese and Cambodian suspects.
The Vietnamese Embassy in Israel is closely coordinating with relevant local agencies to stay informed and provide the utmost support possible for Vietnamese nationals.
An overview of the function (Photo: VNA) 
