With insurance debt of more than 2 billion VND, the enterprise was fined the highest level by the provincial Social Insurance.

They are Transport Infrastructure Development Investment Joint Stock Company 9 (headquartered in Dong Vinh Ward, Vinh City) and VINACO Transport Construction Consulting Joint Stock Company (headquartered in Cua Nam Ward, Vinh City).

According to the Decision on administrative sanctions, Transport Infrastructure Development Investment Joint Stock Company 9 has been late in paying social insurance, health insurance, and unemployment insurance as of the end of June 2018 with a debt of VND 2,099,605,157 (Two billion, ninety-nine million, six hundred and five thousand, one hundred and fifty-seven dong). Of which, the social insurance debt is VND 1,857,132,916; the health insurance debt is VND 145,178,809; the unemployment insurance debt is VND 97,293,432.

This large amount of debt has seriously affected the rights of workers. After conducting specialized inspections, the provincial Social Insurance Department issued a decision to impose a fine of VND 75,000,000 - the highest fine under the authority of the Director of the provincial Social Insurance Department; at the same time, forcing the enterprise to pay the above late payment amount, along with the late payment interest of more than VND 406,000,000.

As for VINACO Traffic Construction Consulting Joint Stock Company, the inspection results showed that the amount of late social insurance payment up to the end of June 2018 was 262,326,863 VND (Two hundred and sixty-two million, three hundred and twenty-six thousand, eight hundred and sixty-three VND). For this violation, the Director of the Provincial Social Insurance issued a Decision on administrative penalty with a fine of 62,958,000 VND; forced to pay the above late social insurance payment and pay the late payment interest of 281,328,577 VND.

Notably, the 10-day deadline for implementing remedial measures since the date of receiving the Decision on administrative sanctions has passed, but these two enterprises have not yet paid the fines. The provincial Social Insurance Inspectorate said it is taking coercive measures and “freezing” the enterprises’ bank transaction accounts until the Decision is implemented./.