Social insurance sector delegations from the Socialist Republic of Viet Nam (Vietnam) headed by the Vice Minister, Director General of Viet Nam Social Security Le Bach Hong and the Deputy Director of the Hanoi Department of Labour Do Thi Xuan Phuong paid a visit to the General Authority for Social Insurance today on July 23, 2012. 

The delegation team will participate in the events and trainings on social insurance that will be held in Ulaanbaatar through July 22 to July 28 and will interchange their experiences accordingly. On December 06, 2006, Mongolia and the Socialist Republic of Viet Nam have signed on the bilateral agreement on the cooperation in the field of social insurance sector. Since then for the 9th consecutive time, the sides are successfully hosting joint trainings and activities to learn from each other and exchange experiences.

During the training the social insurance sector delegations of the sides will discuss and learn about the transformations in the insurance sector of the two countries and will interchange their opinions on a transmission into a triple layer social insurance system of main pension, insurance premium and additional pension and will discuss about which system is more preferable.