Will the Ho Chi Minh City Department of Education and Training grant a Tet bonus of 1.8 million VND per teacher?

Will the Ho Chi Minh City Department of Education and Training grant a Tet bonus of 1.8 million VND per teacher?

On January 14, 2025, the Ho Chi Minh City Department of Education and Training issued Official Dispatch 257/SGDDT-KHTC 2025 download concerning the distribution of Lunar New Year gifts to officials and public employees, and employees in administrative agencies and public service providers under the Department of Education and Training.

The Department of Education and Training has instructed the units to implement the distribution of Lunar New Year gifts for officials, public employees, and employees at the units as follows:

- Amount: 1,800,000 VND/person.

- Receivers: Officials, public employees, and employees in administrative agencies and public service providers under the Department of Education and Training (according to the payroll of January 2025).

Thus, the Tet bonus for teachers in Ho Chi Minh City for 2025 is 1,800,000 VND.

Note: The Tet bonus amount mentioned above applies to teachers who are public employees and employees in administrative agencies and public service providers under the Ho Chi Minh City Department of Education and Training.

Will the Ho Chi Minh City Department of Education and Training grant a Tet bonus of 1.8 million VND per teacher? (Image from the Internet)

What are the bonus policies in Vietnam according to Decree 73/2024/ND-CP?

Under Article 4 of Decree 73/2024/ND-CP, bonus policies in Vietnam are stipulated as follows:

1. Bonus policies shall be implemented on the basis of extraordinary achievements and annually assessed performance of the individuals as specified.

2. The bonus policies specified in (1) are implemented to provide bonuses on an extraordinary basis according to the extraordinary achievements and on an annual basis according to the annual performance of each individual in agencies and units. Heads of armed force units as per regulations of the Ministry of National Defense and the Ministry of Public Security; heads of agencies having authority or given authority to manage officials and heads of public service providers shall formulate specific regulations to implement bonus policies for individuals on the agencies and units’ payrolls; send such to the supervisory agency for management, inspection and implementation within agencies and units.

3. The Regulations on bonuses for agencies and units specified in clause 2 of this Article must contain the following:

- Scope and regulated entities;

- Criteria for providing bonuses according to the unexpected work achievements and the results of assessment and ranking of the annual performance of salary earners in agencies and units;

- Specific bonus for each case, not necessarily associated with the coefficient-based salary of each individual;

- Procedures for providing bonuses;

- Other provisions as per managerial requirements imposed by agencies and units (where necessary).

4. The annual bonus fund specified in this Article is not included in the commendation fund prescribed by the Law on Emulation and Commendation and is 10% of the total salary fund (excluding allowances) by position, title, rank, grade and military rank of individuals on the payrolls of agencies and units.

What is the teacher's salary calculated according to the salary coefficient in Vietnam?

According to Decree 204/2004/ND-CP, the salary of officials and public employees is calculated as follows:

Salary = statutory pay rate x Salary Coefficient

Under Article 3 of Decree 73/2024/ND-CP on the statutory pay rate applicable to teachers:

Statutory pay rate

1. The statutory pay rate shall be used as the basis for:

a) Calculating salaries in payrolls, allowances and other benefits as per the law with regard to individuals defined in Article 2 of this Decree;

b) Calculating operation funding and subsistence allowances as per the law;

c) Calculating deductions and benefits according to the statutory pay rate.

2. From July 01, 2024, the statutory pay rate is VND 2,340,000 per month.

...

Upon the increase of the statutory pay rate to 2,340,000 VND/month, the formula for calculating teacher salaries is as follows:

Teacher's Salary = 2,340,000 VND x Salary Coefficient

Unit: VND/month