1. Formation Period (1945 – 1954)

• 1947: March 12, 1947, President Ho Chi Minh signed Decree No. 29/SL stipulating a subsidy regime for workers.
• 1950: May 20, 1950, President Ho Chi Minh signed Decrees 76 and 77 regulating sickness, maternity, occupational accident, and retirement benefits for cadres, civil servants, and employees.

2. Development Period (1955 – 1975)

• 1961: Promulgation of the SI Charter, defining the scope to state cadres, civil servants, and employees, establishing a system of 6 SI benefits, and placing the SI fund within the state budget.
• During this period: SI focused primarily on the state sector, with a subsidized nature and limited participation.
• 1962: Establishment of the Central SI Board.
• 1964: Expansion of SI coverage to include contract laborers.
• 1976: Unification of the SI system nationwide.
• 1985: Promulgation of the first SI Law, marking a significant step forward for SI in Vietnam.

3. Reform and Integration Period (1995 – present)

• 1995:
  • June 22: The Government issued Decree No. 43/CP temporarily regulating the SI regime.
  • February 16: Vietnam Social Insurance (VSI) was established on the basis of merging SI organizations at the central and local levels.
• 1996: The first SI Law was passed by the National Assembly, marking a crucial step forward and expanding SI coverage.
• 2002: Health Insurance (HI) was merged into VSI.
• 2006: The 2006 SI Law was passed, further refining SI coverage, benefit systems, and SI fund management.
• 2014: The 2014 SI Law was passed, further expanding coverage, introducing maternity benefits for male workers, and adjusting retirement benefit levels.
• Present: SI in Vietnam has developed robustly, covering a wide range of economic sectors, contributing to social security for workers.

Beyond these milestones, SI in Vietnam has undergone various development stages with changes in policies, laws, organizations, and operational methods.

Other notable milestones:

• 2009: Unemployment Insurance (UI) was rolled out.
• 2015: Electronic SI services were launched.
• 2020: The 2014 SI Law was amended and supplemented with some provisions to further improve the social insurance policy.

Through its relentless efforts, SI in Vietnam has achieved remarkable successes, contributing to social security for workers and beneficiaries while driving the country’s socio-economic development.

Key achievements of SI in Vietnam:

• Expanding SI coverage from state cadres, civil servants, and employees to other economic sectors such as non-state enterprises and self-employed workers.
• Completing the SI benefit system, including retirement, death, invalidity, sickness, maternity, occupational accident, and unemployment benefits.
• Enhancing SI service quality, applying information technology to streamline administrative procedures, and facilitating access for workers.

Currently, SI in Vietnam is focusing on:

• Perfecting the SI legal framework.
• Expanding SI coverage.
• Elevating SI service quality.
• Developing information technology applications in SI management.
• Strengthening SI communication and education activities.

With the industry’s dedication, SI in Vietnam will continue to develop and improve, contributing to social security for the Vietnamese people.

Conclusion:

SI in Vietnam has undergone over 77 years of development, starting from a state-based coverage with limited participation, to now becoming a comprehensive SI system that covers diverse economic sectors, playing a pivotal role in ensuring social security for workers.

To learn more about the history of development of the VSI in Vietnam, you can refer to:

• https://baohiemxahoi.gov.vn/gioithieu/Pages/lich-su-phat-trien.aspx