Can bonuses for officials and public employees in state agencies be used in cash in Vietnam?
Can bonuses for officials and public employees in state agencies be used in cash in Vietnam? Are officials in state agencies required to declare assets and income in Vietnam?
Hello, I am currently working as a official for state agency, as far as I know, the payment of bonuses to officials and public employees will normally be paid via non-cash form, that means pay via bank goods, but recently my agency has paid bonuses for achievements in the agency by giving cash envelopes directly. Is that in accordance with the regulations? Please advise.
1. Can bonuses for officials and public employees in state agencies be used in cash in Vietnam?
Pursuant to Article 29 of the Law on Anti-corruption 2018 stipulates non-cash payment as follows:
1. State organizations shall ensure that the following transactions are non-cash payment:
a) High-value revenues and expenditures where non-cash payment is possible according to regulations of the Government;
b) Payment of salaries, bonuses and other regular expenditures.
2. The Government shall apply financial and technological measures to reduce use of cash in transactions.
Thus, for bonuses with regular expenditures, your agency must make non-cash payments. In case the bonus for achievements in the agency is not frequent, cash can still be used to pay the bonus in Vietnam.
2. Are officials in state agencies required to declare assets and income in Vietnam?
According to Article 34 of the Law on Anti-corruption 2018 stipulates individuals required to declare assets and income as follows:
1. Officials.
2. Commissioned officers of police and military forces, career military personnel.
3. Holders of positions of deputy managers and above in public service agencies, state-owned enterprises, appointed representatives of state capital in enterprises.
4. Nominees for the National Assembly delegates and the People’s Councils delegates.
According to this Article, officials in state agencies are required to declare assets and income in Vietnam in accordance with law.
Best Regards!
