Out of 525 Korean companies in Ho Chi Minh City, only 254 pay social insurance premiums for their employees.
The rest owe around VND42 billion (US$ 2,500,000) in back premiums.
City authorities met yesterday at the office of the Labor and Social Welfare Service to discuss this and other issues related to Korean firms.
Earlier that day, more than 400 workers of Sunrising Kim Vina, a Korean-owned company in Binh Tan District, asked authorities to protect them after the company abruptly informed them it is closing down in four months’ time.
Deputy chairman of the HCMC Labor Union, Truong Lam Danh, instructed the district unit to find out the reason for the closure.
If it is closing for good, he said, the unit has to ensure the company complies with the law to protect the workers’ interests.