Increasing social insurance coverage in Viet Nam’s SMEs

Castel, Paulette; Pick, Alexander

doi:10.1787/ec14725e-en

Cited by 4 publications

(2 citation statements)

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“…This characteristic impacts not only the current condition of employees who are not entitled to advantages such as medical care, unemployment insurance, or additional grants but also admission to the pension scheme for the aged. Castel and Pick (2018) also argued that the significant number of SMEs who do not pay for or participate in pension schemes indicates that many businesses are prevented from undertaking this step. There are several obstacles in the SME sector in fulfilling employee pension schemes.…”

Section: Implications and Recommendationsmentioning

confidence: 99%

Pension System Future Direction on Employees of Small and Medium-sized Enterprises in Indonesia, Vietnam, and Hungary

Hadi

Ngo

Bruder

et al. 2023

ACR

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Small and medium-sized enterprises are extremely important to the economy. However, businesses in this sector and their employees need help to obtain social security. Hungary, Indonesia, and Vietnam are nations in various geographical locations with obvious disparities in ethnography and pension system structure. Meanwhile, the proportion of SMEs in all three countries is comparable, accounting for a large fraction of the estimated enterprises that play important roles in the national economy. As a result, this research analyzes the pension system and the present condition of pension schemes for SMEs in Hungary, Indonesia, and Vietnam. In this paper, the researchers conducted a literature review. According to the comparison of the three nations, there are various barriers in the SME sector in accomplishing employee pension schemes: limited financial resources, employees who do not perceive immediate benefits and are not risk-averse, low awareness of current pension schemes, the expense of social contributions and increased in the minimum wage, both employers and employees negotiate to stop social insurance payments, a high job turnover rate, and employees are more likely to earn prepaid social insurance payments to assist them in making ends meet. Hungary, Indonesia, and Vietnam's governments should make participation mandatory for people working in SMEs, actively publicize the importance of pension schemes to SME employees, simplify registration and payment of pension contributions through digital channels, incentivize SMEs to participate in pension systems, and enact legislation against SMEs and their employees to encourage participation.

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Section: Implications and Recommendationsmentioning

confidence: 99%

Pension System Future Direction on Employees of Small and Medium-sized Enterprises in Indonesia, Vietnam, and Hungary

Hadi

Ngo

Bruder

et al. 2023

ACR

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“…In practice, the government seems reluctant to provide guarantees and availability payments in light of the debt ceiling. (APEC Policy Support Unit, 2018 [64])…”

Section: The Enabling Environment For Private Sector Investment Needsmentioning

confidence: 99%

Transition Finance Country Study Viet Nam

Kim¹,

Poensgen²

2019

OECD Development Co-Operation Working Papers

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Patient-Centered Care: Transforming the Health Care System in Vietnam With Support of Digital Health Technology (Preprint)

Dang¹,

Nguyen²,

Minh³

et al. 2020

Preprint

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BACKGROUND Over the last several decades, Vietnam has attained remarkable achievements in all areas of the healthcare system. However, shortcomings including health disparities persist. Besides, the country is undergoing a dramatic demographic transition with a steady growth of the population that is rapidly ageing. This has resulted in a shift in the disease burden from communicable to non-communicable diseases, such as dementia, cancer and diabetes. These medical conditions require long-term care that causes an accelerating crisis for the health sector and society. The current healthcare system in Vietnam is unlikely to cope with these challenges. OBJECTIVE The aim of this paper was to provide an analysis of the current healthcare situation in Vietnam and explore the opportunities and challenges in transforming toward a patient-centered care model to produce better health for people and reduce healthcare costs. METHODS We examine the applicability of a personalised and integrated healthcare system, known as Bespoke healthcare (BHS), for Vietnam using a Strength – Weakness – Opportunity – Threat (SWOT) analysis and examining the successes or failures of digital healthcare innovations in Vietnam. We then make suggestions for successful adoption of the BHS model in Vietnam. RESULTS Patient-centered care of the BHS empowers patients to become active participants in their own healthcare. Vietnam has tremendous potential and favorable policy, social, technological and economic environment for the transition of its healthcare system toward the BHS model. Nevertheless, the country is in an early stage of healthcare digitalisation. The legal and regulatory system to protect patient privacy and information security is still lacking. The readiness to implement electronic medical records – a core element of the BHS, varies across health providers and clinical practices. The scarcity of empirical evidence and evaluation regarding the effectiveness and sustainability of digital health initiatives is an obstacle for Vietnamese government in policymaking, development and implementation of healthcare digitalisation. CONCLUSIONS Implementing personalised and integrated healthcare system may help Vietnam to address healthcare needs, reduce pressure on the healthcare system and society, improve healthcare delivery and promote health equity. However, in order to adopt the patient-centered care system and digitalised healthcare, a whole-system approach in transformation and operation with a co-design in the whole span of digital health initiatives’ developing process are necessary.

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Increasing social insurance coverage in Viet Nam’s SMEs

Cited by 4 publications

References 1 publication

Pension System Future Direction on Employees of Small and Medium-sized Enterprises in Indonesia, Vietnam, and Hungary

Pension System Future Direction on Employees of Small and Medium-sized Enterprises in Indonesia, Vietnam, and Hungary

Transition Finance Country Study Viet Nam

Patient-Centered Care: Transforming the Health Care System in Vietnam With Support of Digital Health Technology (Preprint)

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