|
|
Article: HCM CITY TO SUE COMPANIES NOT PAYING SOCIAL INSURANCE.
- Article from:
- AsiaPulse News
- Article date:
- October 18, 2004
CopyrightCOPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
HANOI, Oct 18 Asia Pulse - Ho Chi Minh City's social insurance office is cracking down on companies neglecting to pay social insurance premiums.
The office will file lawsuits against any companies failing to pay social insurance premiums to their employees, said Nguyen Hong Thy, Director of Ho Chi Minh City's social insurance office. According to the office, social insurance premium debts are now up to VND40 billion (US$2.5 million).
The Vietnam Social Insurance Agency (VSI) has worked with the State Bank of Vietnam to implement a decision allowing VSI to order commercial banks to deduct money from violating companies' accounts to pay their social ...