In response to high demand, five new offices to receive applications for unemployment benefits will be opened in districts 7, Thu Duc, Binh Tan, Cu Chi and Hoc Mon, Chi said.

They also plan to shorten the qualification period, Chi said. At the moment unemployment allowances are paid 15 days after all documents and procedures are completed.

However, Chi was still concerned that the number of beneficiaries would be beyond the agency’s capacity, as it would not be able to prepare sufficient staff, infrastructure and management software to meet the expected demand by next year.

It is estimated that over 1.27 million laborers have received unemployment insurance in HCMC since January 1 when it was legalized in Vietnam.

In HCMC unemployment insurance premiums of two percent of the employees’ monthly salary are equally shared between the employer and the employee.

Source: Tuoi Tre