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Vietnam continues to increase retirement age from 2022

Updated: 10:05, 29/12/2021
Vietnam will continue to increase the retirement age from January 1, 2022 in line with the Labour Code 2019.

Accordingly, men will retire at 60 years and six months, and women at 55 years and eight months from next year, up three months and four months from the retirement ages in 2021, respectively.

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Illustrative photo.

Labourers can retire up to five-10 years earlier than the said-above ages based on certain conditions like working in a dangerous environment or extremely disadvantaged areas.

The retirement age will be further adjusted until it reaches 62 for men and 60 for women in 2028.

Among the new policies to be effective from January next year is Decree No. 95/2021/ND-CP that amends Decree No. 83/2014/ND-CP on petroleum trading, stipulating that petrol prices will be reviewed every 10 days, as compared with 15 days previously.

Bac Giang employs 42,000 more labours to work at industrial parks
(BGO) – Amid the complicated development of Covid-19 pandemic this year, though Bac Giang province used to be the epicenter of Vietnam and suspended the operation of all industrial parks (IPs), to date, six IPs with 385 enterprises have resumed normal activities with more than 192,000 labours, up 20 companies and over 42,000 labours comparing to the figure early this year.
Bac Giang connects job demand and supply for labours returning home
(BGO) – After the fourth Covid-19 outbreak, especially in the Southern provinces and cities, Bac Giang has picked up numerous labours back home. To ensure the social welfare and create jobs to them, the local authorities, sectors and localities have paid due attention to connecting the demand and supply between businesses and workers.
Job opportunities introduced to pandemic-affected labourers in Ho Chi Minh City
Ho Chi Minh City's Youth Employment Services (YES) Centre and the Federations of Labour of the city and Go Vap district held an event on November 14 to introduce employment opportunities to labourers who lost their jobs due to the Covid-19 pandemic.
Over 290,000 labours in Bac Giang resume normal work
(BGO) – Since late April 2021, the Trade Union at all levels in the northern province of Bac Giang have actively joined hands together with authorities and businesses to highly focus all resources to prevent and control Covid-19 pandemic as well as call labours back to work so as to assist the business recovery and production acceleration in post pandemic period.
Over 41,000 labours aided from Unemployment insurance fund
(BGO) – Implementing Government’s Resolution No.116/NQ-CP about supporting employees and employers affected by Covid-19 pandemic from Unemployment insurance fund (UIF), as of October 21, the Social Insurance in Bac Giang province paid for over 41,000 labours with total amount of 94.4 billion VND (4.1 million USD) (six rates ranging from 1.8 to 3.3 million VND per person).

Source: NDO/VNA

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