By Tu Phuong Nguyen

East Asia Forum-Feb 2, 2023

At the end of 2022, there were reports of long queues of employees in Ho Chi Minh City who had been waiting since dawn at several local offices to claim lump sum payments from their social insurance premiums. Many Vietnamese workers view their social insurance premiums as a kind of savings mechanism, and are inclined to seek early access to social insurance funds when their income is lost or reduced or when extra household spending needs arise. Read more at: https://www.eastasiaforum.org/2023/02/02/vietnams-social-insurance-dilemma/ First published in East Asia Forum