Businesses in Ho Chi Minh City stop operating but still owe social insurance for more than 15 billion VND

Recently, workers continue to be concerned about the social insurance debt case of Loi Hao Vietnam Trading and Production Co., Ltd. (Tan Uyen ward).

According to Ho Chi Minh City Social Insurance, Loi Hao Vietnam Trading and Production Co., Ltd. has stopped production and business activities from September 20, 2025. However, to date, this enterprise still owes 15.085 billion VND in social insurance contributions.

Currently, there are still 198 workers who have not closed their books, the reason is that the company reported an increase in labor in July, August, September 2025, at this time the company has not paid money, so it is not eligible to close books until the month of payment according to regulations.

Tan Uyen Grassroots Social Insurance has coordinated with Tan Uyen Ward People's Committee to organize the distribution of separate forms during the social insurance payment process for employees. Currently, there are still 25 employees who have not come to receive separate forms. Tan Uyen Grassroots Social Insurance has posted the list at the company and notified employees to come to the social insurance headquarters to receive the book.

The Ho Chi Minh City Social Insurance Agency said that the unit continues to coordinate with functional agencies to implement handling steps for cases where employers do not have legal representatives or people authorized by law are not present at the company. Thereby ensuring the settlement of social insurance and unemployment insurance benefits for employees in accordance with regulations.

Previously, Lao Dong Newspaper reported that in September 2025, hundreds of workers gathered inside Loi Hao Vietnam Trading and Production Co., Ltd. to request the company to pay salaries and related insurance benefits. The enterprise then closed and did not operate. Workers came to the enterprise but could not meet the business owner.

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