Regular raise in public employees’ basic salary planned in July 2018
Source: Vietnam News Agency(VAN) Time:2017-12-07 11:59:46
The basic salary for civil servants and public employees will increase to 1.39 million VND (about 61 USD) from the current 1.3 million VND as from July 1, 2018.
The new basic salary, used for calculating payrolls and allowances, will apply for public officials, public employees working in State agencies and civil service providers of the Party or the Government, State-funded socio-political organisations and the armed forces.
Pensioners will also have their monthly payment adjusted accordingly.
The Prime Minister requires ministries, ministerial-level and Governmental agencies to save spending, streamlining their organisations and seek more sources of revenue to pay for the salary raise.
Provinces and centrally-run cities must arrange funding for the salary raise using local budget, the regulated10-percent saving from regular spending, and other sources in line with regulation.