45,000 HCMC businesses owe $172 mln in social security payments

Workers file papers to sue a business for owing them social insurance in HCMC's District 12. Photo by VnExpress/Le Tuyet

As of March, 44,493 HCMC businesses owed social security totaling over VND4 trillion ($172.4 million), according to the municipal social security office.

Nguyen Thi My Dung, deputy director of the Ho Chi Minh City Social Security Office, said Thursday around 25,000 businesses owe between 1-3 months worth of social security payments, totaling over VND1.5 trillion; and another 6,400 owe more than 12 months worth, amounting to over VND1.7 trillion, she added.

The amount of oustanding social security payments was 6.84 percent of total dues, Dung said, adding that the figure had nearly doubled from the end of 2021.

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