HomeNewsEconomyBuilding a package of 23.000 trillion to support workers

Building a package of 23.000 trillion to support workers

At the end of the questioning session with Minister of Labor, War Invalids and Social Affairs Dao Ngoc Dung on the morning of June 6, Minister of Finance Ho Duc Phuc participated in explaining the concerns of the delegates.

Responding to the collection of social insurance by individual business household owners for many years, Minister Ho Duc Phuc said that, following Decree 01 on expanding social insurance coverage, Vietnam Social Insurance has guided some provinces on the issue of paying social insurance premiums.

Accordingly, 54 provinces and cities have implemented compulsory insurance collection with 4.200 subjects from 2003 to 2016, then stopped. However, there are still more than 1.330 subjects still paying insurance until 2020.

According to the Minister of Finance, the collection of this social insurance premium, in essence, has no moral problems, but according to the provisions of the law, there are problems.

Mr. Phuc analyzed that according to regulations, the subjects paying social insurance must have a labor contract. However, the owner of the business household is also a person who directly works but does not have a labor contract with anyone, so he is not eligible to pay.

"In essence, they are both the head of the household and the direct laborer, so it is acceptable in nature, but the law is wrong," he explained.

Dialogue - Minister of Finance: Building a 23.000 trillion package to support workers

Minister of Finance Ho Duc Phuc (Photo: Quochoi.vn).

Regarding the solution, the Minister said that the Ministry of Finance has discussed with the Ministry of Labour, Invalids and Social Affairs on how to amend the Law on Social Insurance to allow business household owners to participate in compulsory social insurance.

Besides the above content, the Minister of Finance also talked more about the issue of supporting employees, supplementing the response of Minister Dao Ngoc Dung to the questions of many previous delegates.

Phuc said that in 2021, the State has spent 47.356 billion VND from the Unemployment Insurance Fund to support workers affected by the Covid-19 epidemic. By 2023, the remaining fund balance is VND 58.357 billion.

"We are currently designing and submitting to the Government and the National Assembly to spend about VND 23.000 billion from the Unemployment Insurance Fund to support employees", Mr. Phuc informed and stated that Social Insurance, the Ministry of Labour, Invalids and Social Affairs are particularly interested in all mechanisms and policies to support employees..

Minister Phuc analyzed that Vietnam's economy is a market economy with socialist orientation, so the labor issue also follows the market.

Therefore, vocational training needs to follow the correct forecast, grasp the market, and successfully meet the needs of new workers. Besides, it is necessary to arrange and organize vocational schools for professional and modern to succeed.

Previously, when questioning Minister Dao Ngoc Dung, delegate Trang A Duong asked whether the Central Government should set up a fund to support workers as labor support packages during the pandemic and consider supplementing the National Employment Fund with localities.

In response, Minister Dao Ngoc Dung said that setting up an employee support fund is also a solution, but it needs to be thought through. The Minister said that when setting up the fund, it is necessary to evaluate the impact carefully on the basis, effectiveness, report to the competent authorities, even the National Assembly must allow it..

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