Base salary for public sector workers to increase from July 2023

The National Assembly (NA) has decided to raise the base salary for cadres, civil servants, and public employees to 1.8 million VND (72.5 USD) per month from July 1, 2023.

Base salary for public sector workers to increase from July 2023 -0
At the meeting

This is part of a resolution on the state budget estimates for 2023 approved by the NA on November 11 during its fourth session.

Accordingly, the state budget collection target for next year is set at 1.62 quadrillion VND, the state budget spending over 2 quadrillion VND, and overspending 455.5 trillion VND - equivalent to 4.42% of GDP, and the budget’s borrowings 648.2 trillion VND.

The resolution also said the overall reform of the salary policy, which was identified in Resolution 27-NQ/TW issued at the seventh session of the 12th Party Central Committee on May 21, 2018, won’t be carried out in 2023.

Meanwhile, the base salary for cadres, civil servants, and public employees will increase to 1.8 million VND per month from July 1, 2023. Retirement pensions and social insurance benefits for those covered by the state budget will be raised by 12.5%. More financial aid will be provided for persons retiring before 1995 and having low pensions, along with revolution contributors. Besides, spending on the social security policies linked with the base salary will go up by 20.8%.

Also on November 11, the NA approved a resolution on the central budget allocation for 2023.

In particular, the central budget revenue is targeted at nearly 863.57 trillion VND, and the local budget revenue nearly 757.18 trillion VND. The central budget spending is set more than 1.29 quadrillion VND.

Politics-Diplomacy

Top leader To Lam begins state visit to Ireland
Politics-Diplomacy

Top leader To Lam begins state visit to Ireland

General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam and a high-ranking delegation of Vietnam landed at Dublin Airport at 8:30 pm on October 1 (local time), beginning a state visit to Ireland at the invitation of Irish President Michael D. Higgins.

Vietnam's top leader meets with Mongolian PM
Politics-Diplomacy

Vietnam's top leader meets with Mongolian PM

Party General Secretary and State President To Lam had a meeting with Chairman of the ruling Mongolian People's Party (MPP) and Prime Minister Luvsannamsrain Oyun-Erdene in the capital city of Ulaanbaatar on September 30, as part of his ongoing state visit to the East Asian country.

Grand welcome ceremony held for top Vietnamese leader in Havana
Politics-Diplomacy

Grand welcome ceremony held for top Vietnamese leader in Havana

First Secretary of the Communist Party of Cuba Central Committee and President of Cuba Miguel Diaz Canel Bermudez presided over a grand welcome ceremony at the highest protocol for heads of states for General Secretary of the Communist Party of Vietnam and President of Vietnam To Lam on September 26 afternoon (Cuba time).

Top Vietnamese leader meets with US President
Politics-Diplomacy

Top Vietnamese leader meets with US President

General Secretary of the Communist Party of Vietnam Central Committee and State President To Lam had a meeting with US President Joe Biden on September 25 (local time) as part of his US trip for the UN Summit of the Future and the high-level week of the 79th session of the UN General Assembly (UNGA).

Top leader begins state visit to Cuba
Politics-Diplomacy

Top leader begins state visit to Cuba

General Secretary of the Communist Party of Vietnam (CPV) Central Committee and President of Vietnam To Lam, his spouse, and a high-ranking delegation of Vietnam left New York on September 25 afternoon (local time), after attending the United Nations Summit of the Future and the 79th session of the UN General Assembly (UNGA 79) and holding working sessions in the US, for a state visit to Cuba.