Implementing the Law on Social Insurance 2024: Initial results

Leaders of Tay Ninh Provincial Social Insurance propagate the Law on Social Insurance to workers at Trang Bang Industrial Park

With a high sense of responsibility, the entire Vietnam Social Security system has focused resources on seriously, synchronously and effectively implementing the provisions of the Social Security Law 2024. Before and immediately after the Social Security Law 2024 took effect (July 1, 2025), Vietnam Social Security issued many documents to thoroughly grasp and guide local Social Security to properly grasp and apply the new regulations; promptly review and simplify administrative procedures and processes on social security; upgrade professional software on handling social security regimes to create maximum convenience for participants and beneficiaries of policies.

By the end of September 2025, the whole country had nearly 19.9 million people participating in social insurance, an increase of about 798 thousand people compared to the same period in 2024, of which: nearly 17.7 million people participating in compulsory social insurance and more than 2.13 million people participating in voluntary social insurance. The number of people participating in unemployment insurance (UI) was over 16 million people, an increase of 694.3 thousand people compared to the same period in 2024.

Regarding the settlement and payment of social insurance and unemployment insurance benefits, nationwide, more than 144,000 people have their social insurance benefits resolved monthly; more than 5.3 million people receive sick leave benefits; nearly 981,500 people receive maternity benefits and more than 587,000 people receive unemployment benefits.

Notably, the number of people requesting one-time social insurance benefits has decreased sharply (down about 23% compared to the same period in 2024). Along with that, the level of interest and learning about new policies of the amended Social Insurance Law is increasing, demonstrating a clear change in people's awareness of the role and importance of social insurance in life.

Reducing the time to pay social insurance to receive pension from 20 years to 15 years has opened up opportunities to access pensions for many people, especially those with a short time of participating in social insurance. In addition, the regulation of supplementing maternity benefits for voluntary social insurance participants; many cases when giving birth have received support of 2 million VND, ... makes many people happy because in addition to the long-term goal of enjoying pension benefits, they also enjoy a practical and humane short-term regime.

The adjustment of the age of receiving social pension benefits and the addition of monthly benefits for those who are old enough to retire but do not have enough time to pay for pensions are also highly appreciated. The implementation shows that many workers, especially the elderly, the poor and near-poor, have been able to access and benefit from the policy in a timely and appropriate manner.

According to the new regulations of the Law on Social Insurance in 2024, the subjects participating in compulsory social insurance are expanded to include: business owners of registered business households; non-professional workers at the commune, village, and residential group levels; business managers, controllers, representatives of state capital, representatives of enterprise capital according to the provisions of law, etc., helping employees feel secure and consider the deduction of a portion of their monthly income to pay social insurance as an accumulation that brings practical and long-term benefits.

With important amendments that meet people's aspirations, the implementation of the Social Insurance Law 2024 is expected to continue to create more positive changes in awareness, increasingly raising people's and businesses' awareness of compliance with social insurance laws.

Although the implementation of the Social Insurance Law still faces many difficulties, with the highest determination, Vietnam Social Insurance continues to innovate and strive to effectively implement the Social Insurance Law. To achieve such success, it is necessary to have the strong participation of the entire political system, especially local Party committees and authorities, along with the active response of people and businesses./.

Tuan Thanh

Source: https://baolongan.vn/trien-khai-luat-bao-hiem-xa-hoi-2024-nhung-ket-qua-buoc-dau-a205423.html