AN EMPLOYEE LOSING JOB DUE TO COVID-19 SHALL BE SUPPORTED VND 1.8 MILLION/MONTH
The Government issues the Resolution No. 42/NQ-CP on measures to support people affected by the COVID-19 epidemic on April 09, 2020.
Accordingly, an employee who takes unpaid leave or has his/her labor contracts suspended for one month or longer due to their enterprises affected by the COVID-19 epidemic, having no revenue or financial source to pay the salary shall be supported VND 1,800,000/month. The support duration shall not exceed 03 months, starting from April 01, 2020.
Besides, an employee who has his/her labor contract terminated, has a labor contract but is not eligible for unemployment benefit, or becomes unemployed due to the lack of contract signing shall be entitled to VND 1,000,000 a month, for a maximum of 03 months, depending on the evolution of the epidemic. The support duration starts from April 2020 to June 2020.
At the same time, an enterprise that is in financial difficulties and has paid at least 50% of the salary for employees from April 2020 to June 2020 shall be entitled to loans without collaterals up to 50% of the regional minimum salary for each employee based on actual pay period but not more than 03 months with 0% interest rate and a maximum loan term of 12 months to pay an additional half a month's salary to these employees and direct disbursement monthly to the unemployed…
