FROM JULY 01, 2017, THE STATUTORY PAY RATE IS VND 1,300,000 PER MONTH

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This is the important content prescribed at the Decree No. 47/2017/ND-CP dated April 04, 2017 of the Government prescribing the statutory pay rate for public officials, public employees and armed forces’ personnel.

In particular, from July 01, 2017, public officials working in authorities at central echelon to district level ; public officials working in authorities at communal level ; public employees working in civil service providers; salary-graded contract workers; workers on regular payroll of state-funded associations; commissioned officers, professional soldiers, non-commissioned officers, soldiers, national defense employees, contract workers in the People’s army of Vietnam; commissioned officers, non-commission officers on payroll, non-commissioned officers, conscript officers, police officers and contract workers in the People’s police force; employees in cryptography agencies…shall formally increase from VND1.21 million/month to VND 1.3 million/month.

The statutory pay rate is the basis for determining the level of salary and allowances and other benefits as per legal regulations; determining the level of costs for operation and activities and determining contributions and benefits concerning the statutory pay rate.

This Decree annuls the Decree No. 47/2016/ND-CP dated May 26, 2016   and takes effect on July 01, 2017.

Source: http://english.luatvietnam.vn/default.aspx?tabid=720