Official Document on Increasing the Statutory Pay Rate to 1,490,000 VND

01:22, 11/07/2024

Recently, the Government of Vietnam issued Decree 38/2019/ND-CP regarding the statutory pay rate of officials and the armed forces.

From July 1, 2019, the statutory pay rate is 1,490,000 VND, an increase of 100,000 VND compared to the current wage rate of 1,390,000 VND.

This wage rate serves as the basis for calculating the following salaries and allowances:

- Calculating salaries in salary tables, allowance rates, and other policies according to legal regulations for officials and public employees, employees working under labor contract policies in agencies, units,... and other subjects as prescribed;- Calculating activity fees, living allowances according to legal regulations;- Calculating deductions and benefits according to the statutory pay rate;

the Government of Vietnam proposes the National Assembly to consider adjusting the statutory pay rate in accordance with the state budget, consumer price index, and economic growth rate.

See detailed content at Decree 38/2019/ND-CP, effective from July 1, 2019.

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