Vietnam: How are royalties for works of print and electronic press determined?

Recently, the Government of Vietnam signed and issued Decree No. 18/2014/ND-CP prescribing the regime of royalties in the field of press and publication.

Currently, subjects entitled to royalties or remuneration for works of print and electronic press include:

- Authors or copyright owners of works that are used by press agencies.

- Leaders of press agencies, editors, and persons performing jobs related to journalistic works.

- Persons collecting materials and supplying information to serve the creation of journalistic works.

nhuan but, bao in, bao dien tu, nghi dinh 18/2014/NĐ-CP

According to Decree No. 18/2014/ND-CP of Vietnam’s Government, royalties for works of print and electronic press are guided as follows:

- The royalty bracket for works of print and electronic press is prescribed below:

Group

Genre

Maximum coefficient

1

News report

Replies to readers

10

 

2

Drawings

10

3

Photos

10

4

Political commentary

30

5

Reportage

Memoir (per issue)

Interview

30

6

Literary works

30

7

Research

30

8

Online

Media

50

- The value of a royalty coefficient unit is equal to 10% of the minimum wage level applicable to officials, public employees and armed forces (below referred to as minimum wage level).

For press agencies that can self-finance operation expenses, editors-in-chief may base themselves on the quality and genre as well as the royalty bracket, pay royalties higher than the common average level, which, however, must not exceed the maximum coefficient prescribed in the royalty bracket.

- Royalties shall be calculated as follows:

Royalty = The royalty coefficient x The value of a royalty coefficient unit.

Other provisions can be found in Decree No. 18/2014/ND-CP of Vietnam’s Government, which takes effect from June 01, 2014.

Thu Ba

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