Vietnam: What is the bonus paid to students winning bronze medals in International Olympiads?

What is the bonus paid to students winning bronze medals in International Olympiads in Vietnam?

Under Article 5 of Decree 110/2020/ND-CP stipulating the reward policies for students winning prizes in national and international competitions:

Bonuses

1. Students winning prizes in the International Olympiad subjects, international scientific and technical research competitions, and world vocational skills competitions will be rewarded as follows:

a) Gold Medal or First Prize: 55 million VND;

b) Silver Medal or Second Prize: 35 million VND;

c) Bronze Medal or Third Prize: 25 million VND;

d) Encouragement Award: 10 million VND.

2. Students winning prizes in the Asian Olympiad subjects, Asian vocational skills competitions will be rewarded as follows:

a) Gold Medal: 35 million VND;

b) Silver Medal: 25 million VND;

c) Bronze Medal: 10 million VND;

d) Encouragement Award: 8 million VND.

3. Students winning prizes in Southeast Asian vocational skills competitions will be rewarded as follows:

a) Gold Medal: 25 million VND;

b) Silver Medal: 10 million VND;

c) Bronze Medal: 8 million VND;

d) Encouragement Award: 5 million VND.

4. Students winning prizes in national competitions stipulated in Clause 1, Article 2 of this Decree will be rewarded as follows:

a) First Prize: 4 million VND;

b) Second Prize: 2 million VND;

c) Third Prize: 1 million VND.

...

Thus, the bonus paid to students winning bronze medals in International Olympiads in Vietnam is 25 million VND.

What is the bonus paid to students winning bronze medals in International Olympiads in Vietnam?? (Image from the Internet)

Will orders be awarded to students winning bronze medals in International Olympiads in Vietnam?

Under Article 3 of Decree 110/2020/ND-CP:

Reward Standards

1. The First-Class Labor Order shall be awarded to students achieving one of the following accomplishments:

a) Winning a continuous Gold Medal twice in the International Olympiad subjects or winning the first prize continuously twice in international scientific and technical research competitions;

b) Winning a Gold Medal in the World vocational skills competition.

2. The Second-Class Labor Order shall be awarded to students achieving one of the following accomplishments:

a) Winning a Gold Medal in the International Olympiad subjects or the first prize in international scientific and technical research competitions;

b) Winning a Silver Medal in the World vocational skills competition or a Gold Medal in the Asian vocational skills competition.

3. Diplomas of Merit from the Prime Minister of Vietnam shall be awarded to students achieving one of the following accomplishments:

a) Winning a Silver Medal in the International Olympiad subjects or the second prize in international scientific and technical research competitions or a Gold Medal in the Asian Olympiad subjects;

b) Winning a Bronze Medal in the World vocational skills competition or a Silver Medal in the Asian vocational skills competition.

4. The Diplomas of Merit from the Prime Minister of Vietnam shall be awarded to students achieving one of the following accomplishments:

a) Winning a Bronze Medal in the International Olympiad subjects or the third prize in international scientific and technical research competitions or a Silver Medal in the Asian Olympiad subjects;

b) Winning a Bronze Medal in the Asian vocational skills competition or a Gold Medal in the Southeast Asian vocational skills competition.

Thus, students winning bronze medals in International Olympiads in Vietnam are not awarded an order; instead, they will be awarded Diplomas of Merit from the Prime Minister of Vietnam.

What is the bonus paid to students receiving Diplomas of Merit from the Prime Minister of Vietnam for a bronze medal in the International Olympiad?

Pursuant to Article 58 of Decree 98/2023/ND-CP, the regulations are as follows:

Bonuses for Diplomas of Merit, Certificates of Merit, and Commemorative Medals

1. For individuals:

a) Individuals eligible for the award or posthumous award of Diplomas of Merit of the Prime Minister of Vietnam shall be awarded Diplomas, frames, and bonuses equivalent to 3,5 times the base salary;

b) Individuals eligible for the award or posthumous award of Diplomas of Merit of ministries, departments, and central or local authorities shall be awarded Diplomas, frames, and bonuses equivalent to 1,5 times the base salary;

c) Individuals eligible for the award of Commemorative Medals of the Standing Committee of the National Assembly of Vietnam shall be awarded Diplomas, frames, Commemorative Medals, Commemorative Medal Containers, and bonuses up to 0,8 times the base salary;

d) Individuals eligible for the award of Commemorative Medals of ministries, departments, central or local authorities, political organizations, socio-political organizations, social-vocational political organizations, social organizations, and socio-vocational organizations with CPV Designated Representations or CPV organizations of CPV Designated Representations of central authority clusters shall be awarded Diplomas, frames, Commemorative Medals, Commemorative Medal Containers, and bonuses up to 0,6 times the base salary;

Under Article 3 of Decree 73/2024/ND-CP, the statutory pay rate is 2,340,000 VND/month.

Thus, the bonus paid to students receiving Diplomas of Merit from the Prime Minister of Vietnam for a bronze medal in the International Olympiad is 8,190,000 VND.