Official Document Issued to Increase Statutory Pay Rate for Officials Starting July 1, 2018

Lê Hải

08:58, 11/07/2024

Recently, the Government of Vietnam promulgated Decree 72/2018/ND-CP, stipulating the statutory pay rate for officials and public employees and the people's armed forces.

Officials and public employees and armed forces will be subject to the new statutory pay rate as follows:

- The statutory pay rate is VND 1,390,000 per month, an increase of VND 90,000 per month compared to the current salary level.- The statutory pay rate is used as a basis to:

- Calculate salary levels in salary scales, allowances, and implement other policies according to legal regulations;- Calculate operational and living allowances according to regulations;- Calculate deductions and policies enjoyed based on the statutory pay rate.

Decree 72/2018/ND-CP takes effect from July 01, 2018, replacing Decree 47/2017/ND-CP.

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