Specifically, as of October 18, the agency has supported 7,787 units and 232,178 employees with a total amount of VND571.4 billion (over US$25 million).
In addition, over 81.893 units with a total of over 1.76 million employees in the city have had their premiums reduced from 1% of their wage funds to 0%, totalling nearly VND1.9 trillion.
On October 1, the Government issued Decision No. 28/QD-TTg providing regulations on the implementation of support policies for employees and employers impacted by the COVID-19 pandemic, using the unemployment insurance fund.
About VND30 trillion (US$1.31 billion) from the fund will be used to support labourers who are covered by unemployment insurance as of September 30, 2021, excluding employees of State agencies, socio-political organisations, people’s armed forces and public non-business agencies who are paid by the State budget.
Accordingly, each labourer will be given a level of allowance from VND1.8 million to VND3.3 million depending on how long they have paid unemployment premiums.
Employers, excepting State agencies, socio-political organisations, people’s armed forces and public non-business agencies funded by State budget, who are joining unemployment insurance before October 1, 2021, will have their premiums reduced from 1% of their wage funds to 0% for a duration of 12 months from October 1.