Vietnam Social Security said that the 2024 Law on Social Insurance has expanded the scope of compulsory social insurance participation. In which, the law supplements the group of business households of business households with business registration according to the Government's regulations (effective from July 1, 2025).
According to a report on the implementation of the new Social Insurance Law, by the end of February 2026, the whole country had 36,090 business households participating in compulsory social insurance according to new regulations.
However, through reviewing the actual implementation process, functional agencies found that current regulations have arisen with some inadequacies.
Some subjects are subject to compulsory social insurance but must self-pay the entire 22% of the contribution to the pension and death fund, including both the employee's responsibility and the employer's responsibility.
According to functional agencies, in essence, this is a group subject to compulsory social insurance participation, but the contribution obligation is similar to voluntary social insurance participants.
This easily creates a psychology of comparison because voluntary social insurance participants are currently supported with a portion of their contributions by the state budget, while compulsory social insurance participants do not enjoy this policy.
In particular, many business households used to participate in voluntary social insurance and were supported with payment money by the State.
However, when switching to compulsory social insurance according to new regulations, they are no longer supported, leading to psychological disagreement and affecting the development of participants.
These inadequacies in reality raise the requirement for amendments. Recently, the Ministry of Home Affairs submitted to the Government the draft Law amending and supplementing a number of articles of the Law on Social Insurance for submission to the National Assembly for consideration and approval. Currently, the draft is being consulted with agencies, organizations and individuals until July 6, 2026.
Notably, in the draft, there is a proposal to amend regulations on compulsory social insurance contributions of business households. The draft Law proposes to amend and supplement Clause 5 and Clause 6 Article 6 in the direction that the State has a policy to support compulsory social insurance contributions for subjects who must pay the full contribution amount themselves.
In addition, the draft also encourages localities, based on socio-economic development conditions and budget balancing capacity, to proactively mobilize more legitimate resources to support social insurance participants belonging to this group.
Accordingly, the draft supplements Clause 5, Article 6 on the State's policy on social insurance. Accordingly, in addition to continuing to support voluntary social insurance participants as currently regulated, the State will expand the support policy for compulsory social insurance participants belonging to the subjects specified in Points g, h, m and n Clause 1, Article 2 of the Law on Social Insurance.
Thus, according to the draft, the scope of support will not only be limited to voluntary social insurance participants but will also be expanded to some groups participating in compulsory social insurance but must self-pay the entire premium, including business households with business registration.
This amendment is expected to ensure fairness between groups participating in social insurance, creating motivation for people to maintain long-term participation, thereby contributing to expanding the coverage of social insurance.
