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Submitted by ctv_en_6 on Fri, 03/26/2010 - 15:57
The monthly minimum salary for State employees in Vietnam will increase from the present VND650,000 to VND730,000 (US$38.4 ) from May 1.
A Government decree issued on March 25 stipulates that the new salary will be applied in State-owned agencies, armed forces, political and socio-political organizations and non-productive units.

The change will also benefit employees working at enterprises established under the Law on State-owned Enterprises, and one-member limited liability companies wholly owned by the State.

The minimum salary will serve as the basis for calculating salaries, allowances and welfare benefits in compliance with the law.

Also the same day, the Government issued another decree to adjust pensions, welfare benefits and monthly allowances with a 12.3 rise percent from May 1.

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