Prime Minister Nguyen Tan Dung has decided that the government will propose the law-making National Assembly amend a new rule in the 2014 Law on Social Insurance in order to allow employees to take lump-sum social insurance payments when they leave a company, instead of waiting until they reach the age of retirement.
The decision was made at the government’s monthly meeting on Wednesday after Prime Minister Dung and his cabinet considered the proposals of ministries and other relevant agencies, following the strike of tens of thousands of workers at Pou Yuen Vietnam Co. Ltd., a Taiwanese-invested maker of sport shoes and garments for export in Binh Tan District, Ho Chi Minh City.