Illustrative image (Source: VNA)Hanoi (VNA) – The monthly basic salary for civilservants, public employees and those working in the armed forces will increaseto 1.39 million VND (61.1 USD) from 1.3 million VND (57.2 USD) as of July 1,2018.
According to Decree72/2018/ND-CP recently issued by the Government, the new basic salary will beapplied for those working in agencies, organisations and non-production unitsof the Party and the State, State-funded political-social organisations and associations,along with the armed forces.
The basic salaryis used as the basis for calculating salary, allowances and other payments forthe groups. It will also be applied for calculating operating and living allowancesand other deductions and entitlements.
Ministries,Government and central agencies were requested to save money, rearrange theirorganisations, streamline personnel and seek more sources of revenue to pay forthe salary rise.
Under the decree,centrally-run cities and provinces will use the regulated 10-percent savingfrom the regular spending, 50 percent of the extra local budget collection comparedto estimates for 2017 and the remaining funding for salary reform of 2017.
Decree 72/2018/ND-CPwill take effect on July 1, replacing Decree 47/2017/ND-CP dated April 24,2017.
Reform ofsalary policy for civil servants, public employees and thoseworking in the armed forces was a key item on the agenda of the recent 7th plenary session of the 12th Central Committee ofthe Communist Party of Vietnam (CPV).
Thesession, which concluded in Hanoi on May 12, adopted a resolution on the issue.-VNA
VNA
