Social insurance debt hits $187m

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VietNam News English - 16 month(s) ago 2 readings

The total social and medical insurance debt for 2011 was about VND3.9 trillion (about US$187 million), an increase of more than 33 per cent over 2010, according to Le Bach Hong, director of the Viet Nam Social Insurance Agency on Tuesday.

HA NOI —

Hong also said localities were slow in suing enterprises with social-insurance debts. Only 21 localities did so last year.

The total number of social and medical insurance users in 2011 reached more than 57 million, nearly 9 per cent higher than the previous year. The industry collected nearly VND97 trillion ($4.6 billion) in 2011, up 20.3 per cent than 2010, according to the agency. — VNS

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