Specifically, in Official Letter No. 553/BHXH-QLT dated March 23, 2020, Ho Chi Minh City Social Security instructs that enterprises may temporarily suspend their contributions to retirement and survivorship allowance fund (22% of the salary fund) of all sectors, including: transport service, tourism, textiles, accommodation, restaurants and other special industries encountered by COVID-19. At the same time, enterprises must meet one of the following conditions:

- To be unable to arrange jobs for employees, in which the number of those who are participating in social insurance and are temporarily unemployed accounts for at least 50% of the total number of the employees present before temporarily halting production and business.

- To suffer losses of more than 50% of the total value of assets caused by the epidemic (excluding the properties of land value).

The duration of suspension:

Eligible enterprises will benefit from temporary suspension of contributions to the retirement and survivorship allowance fund until the end of June 2020. If the COVID-19 epidemic will not be in remission by the end of June 2020, and if it is requested by the enterprises, the agency will continue the suspension until December 2020.

Documents and procedures:

- Enterprises shall contact the Labor, War Invalids and Social Affairs agency to determine the number of employees participating in the social insurance who are temporarily unemployed compared to the total number of employees present before halting production and business. Or they shall contact the finance agency to determine the value of losses calculated against the value of assets according to the latest property inventory report before the time of loss.

- Enterprises shall compile dossiers and send them to the social security agency in the form of 600a delivery notes, enclosed with a document of a competent agency certifying the eligibility for temporary suspension of contributions to the retirement and survivorship allowance fund for settlement.

During the suspension period, enterprises still have to contribute to the sickness and maternity fund, the labor accident and occupational disease fund, the health insurance fund and the unemployment insurance fund at a rate of 10% of the salary fund.

In case the employee quits, moves or settles the social insurance benefits, the enterprise will pay the social insurance, health insurance, unemployment insurance, labor accident and occupational disease insurance and late payment interest (if any) for those employees to confirm the social insurance books.

Upon expiry of the suspension period, the enterprise shall continue to contribute to social insurance, health insurance, unemployment insurance and labor accident and occupational disease insurance according to the registered method and conduct payment of compensation for the temporary suspension period. Compensation payment is not subject to late payment interest./.