Morning news June 21: New unemployment insurance premiums from 2026; Reasons why exchange rates continue to heat up

Some notable news: Maybank Securities has a new chairman; A real estate company was heavily fined for false reporting...

Workers get a queue number to complete unemployment insurance procedures in Hanoi - Photo: HA QUAN

New unemployment insurance premiums from 2026

According to news from Vietnam Social Security ( Ministry of Finance ), the revised Law on Employment this time has a new point, effective from January 1, 2026. In which, the maximum unemployment insurance contribution rate for employees, employers and state support is 1%.

Thus, instead of the current "rigid" regulation of the contribution rate of 1%, the Government can proactively and flexibly regulate, especially in cases of natural disasters, epidemics, crises, and economic recessions while the Unemployment Insurance Fund has a surplus.

By January 2025, the Unemployment Insurance Fund will have a surplus of about VND 63,000 billion. Meanwhile, by the end of 2024, the whole country will have over 16 million people participating in unemployment insurance.

The law requires employers to be responsible for paying enough unemployment insurance and adds responsibility when not paying enough for employees who terminate their contracts, such as paying an amount corresponding to the unemployment insurance regimes to which the employee is entitled.

There are also cases where employers are allowed to reduce unemployment insurance premiums (under the responsibility of the enterprise) for disabled employees for no more than 12 months when recruiting or employing disabled employees.

Unemployment insurance regime remains the same, including job consultation and referral, support for employees to participate in training and improve vocational skills, support for employers to train, foster and improve vocational skills to maintain employment for employees and unemployment benefits.

In addition, the Government will base on the reality and the surplus of the Unemployment Insurance Fund to support money or other policies in times of crisis, economic recession, natural disaster, fire, war or dangerous epidemic.

Maybank Securities has a new chairman

Maybank Securities Company Limited (MSVN) has just announced a change in senior personnel in the board of members.

GOLD PRICE UPDATE

According to the announcement, Ms. Che Zakiah Binti Che Din is no longer the chairperson of the board of members, while Mr. Foong Seong Yew also left his position as a board member since June 18.

At the same time, Mr. Philip Tan Puay Koon was appointed as an independent member and holds the position of Chairman of the Board of Members of MSVN.

In addition, Mr. Tengku Ariff Azhar Bin Tengku Mohamed was also added to the board of directors as a new member.

Real estate company heavily fined for false reporting

News from the State Securities Commission said it has just issued Decision No. 311 on administrative sanctions against Truong Thanh Energy and Real Estate Joint Stock Company.

Accordingly, this enterprise committed a series of violations such as incomplete information disclosure. In the corporate governance reports for the first 6 months of 2023 and 2023, this company did not fully state the quantity and total value of transactions; did not record a number of transactions with related parties.

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The audited separate financial report for 2023 also did not record the contract performance transaction in 2023 between this company and TTP Phu Yen...

In addition, this enterprise also disclosed false information. In the audited consolidated financial report for 2023, Truong Thanh Energy and Real Estate Joint Stock Company explained that Truong Thanh Energy Joint Stock Company advanced VND 81,601 billion to Mr. Tran Nguyen Anh Tuan to implement the Ky Son Solar Power Plant project in Ky Anh district, Ha Tinh province.

However, according to the resolution, this company implemented the Tra Vinh Wind Power project in the offshore area of ​​Duyen Hai district, Tra Vinh province.

Not to mention, this company also announced incorrect after-tax profit figures for 2024 after auditing... In addition to paying a total fine of 240 million VND, Truong Thanh Energy and Real Estate Joint Stock Company was forced to cancel or correct information.

Reasons why exchange rates continue to heat up

According to a recently released report, MB Securities (MBS) expects the exchange rate to fluctuate between 26,000 - 26,400 VND/USD in the third quarter of 2025, corresponding to an increase of 2.1 - 4.1% compared to the beginning of the year.

The slight recovery of the USD has significantly increased the pressure on the USD/VND exchange rate throughout May. Domestically, the USD supply was under pressure from the State Treasury offering to buy 250 million USD from banks and the increased demand for foreign currency from businesses as May is the peak period of import activities.

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Accordingly, the interbank exchange rate hit a record high of 26,029 VND/USD on May 29, before ending the month at 26,008 VND/USD (+2.2% compared to the beginning of the year).

MBS believes that factors such as a strong USD, tariff instability, and buffers for the VND such as export activities and FDI attraction may slow down after the end of the 90-day tax deferral period will put great pressure on the Vietnamese Dong in the coming time.

Expected events and domestic news from June 21 to 28

- Continuing the program of the 9th session, 15th National Assembly

- June 21: Special Government meeting on law-making; Ceremony to celebrate the 100th anniversary of Vietnam Revolutionary Press Day; Ceremony to award the 19th National Press Awards; Closing ceremony of the 2025 National Press Festival; Opening ceremony of the 2025 Asian Muay Thai Championship in Thai Nguyen.

- June 22: Conference to summarize the emulation movement to build new rural areas at provincial and district levels nationwide; in Hanoi, the program Vietnam Glory 2025; in Quang Ninh, the 11th International Yoga Day.

- From June 22 - 29: in Da Nang, National Youth Badminton Tournament.

- From June 23 - 29: in Tay Ninh, Southeast and Western region table tennis tournament.

- June 24: in Hanoi, Vietnam Digital Publishing Summit 2025 (DPS 2025).

- From June 25 to 28: High school graduation exam 2025.

Main news on Tuoi Tre daily today, June 21. To read Tuoi Tre printed newspaper E-paper version, please register for Tuoi Tre Sao HERE

Weather news today 6-21

Portrait sketch of foreign tourists - Photo: NGUYEN HONG NGA

BINH KHANH - HA QUAN

Source: https://tuoitre.vn/tin-tuc-sang-21-6-muc-dong-bao-hiem-that-nghiep-moi-tu-nam-2026-ly-do-ti-gia-tiep-tuc-nong-20250620163501673.htm