Vietnam Social Insurance pays pensions to 3.5 million people and announces 8% benefit rise from July

In June, Vietnam's Social Insurance (BHXH) reported that roughly 3.5 million retirees and beneficiaries received their pension and social‑insurance allowances. Twenty‑one provinces and municipalities, including Ho Chi Minh City and Da Nang, transferred payments on the first working day of the month, while thirteen other locations began disbursing on the second day. Payments were made by bank transfer, cash at post offices, or direct cash pickup, with special provisions for those unable to travel.

Effective 1 July 2026, the Ministry of Home Affairs issued Circular 14/2026/TT‑BNV, adjusting pension and benefit calculations. The new rule adds an 8 % increase to June 2026 amounts and introduces further tiered adjustments: beneficiaries receiving ≤3.5 million VND will get an extra 300 000 VND per month; those receiving between 3.5 million VND and 3.8 million VND will have their benefit set to 3.8 million VND. The circular also defines calculations for survivor allowances based on the current basic salary regime.