On July 12th, 2019, in Thanh Hoa province, Ministry of Labour – Invalids and Social Affairs (MOLISA) held the Conference on reviewing 10 years of the unemployment insurance policy. Deputy Minister Doan Mau Diep attended and chaired the Conference.
Assessing the result of 10 years of implementation of unemployment insurance, Deputy Director General of Department of Employment, Le Quang Trung said that, Vietnam has recorded continuous expansion of unemployment insurance coverage over the last 10 years.
Deputy Director of the Department of Employment Le Quang Trung said the impact of unemployment on economic, political and social stability in each country is considerable. It is one of the basic causes of economic stagnation since a high unemployment rate is accompanied by income decrease.