The Prime Minister has recently decided to allow state enterprises and agencies and non-business units and organizations to carry out the online registration of social, health and unemployment insurance and application for grant of social insurance books and health insurance cards.
Under Decision No. 08/2015/QD-TTg dated March 9, on pilot performance of online social insurance transactions, from April 1, the aforesaid entities, and other administrative agencies, units and organizations, from October 1, 2015, may use computer software to make declarations online, freeing them for conducting transactions at insurers’ offices.
The move also allows insurance-covered employees to see their insurance transaction results online, simplifying procedures for them and their employers.
Under the new regulation, online insurance transactions will be conducted through the e-portal of the Vietnam Social Security or websites of e-transaction service providers in the field of social insurance.
According to the World Bank’s 2014 business environment report, regarding the tax payment index, Vietnam-based enterprises spent an average of 335 hours per year to carry out social insurance procedures. With this move, the Prime Minister expects the Vietnam Social Security to reduce, by the end of 2015, enterprises’ time for insurance declaration and completion of procedures for payment of social insurance premiums to the regional countries’ average level, which is around 50 hours per year.-