Increased pension and insurance benefits in Vietnam

The Vietnamese National Assembly has approved the Government's proposal to increase pension and social insurance benefits by 15% starting July 1st this year. More than 3.3 million people have had their pensions and social insurance benefits adjusted since July, with a 15% increase, carefully calculated to ensure the well-being of retirees.

The increase in pensions aims to ensure harmony and sharing between people who are paying social insurance and those receiving pensions or social insurance benefits, between the state sector and the non-state sector, and between generations participating in and benefiting from policies.