The Chairman of the Group receives a base salary of 36 million VND per month.

The regulations are stipulated by the Government in Decree 51/2013/ND-CP.

The government has just issued Decree 51/2013/ND-CP regulating the salary, remuneration, and bonus regime for members of the Board of Directors or Chairman of the company, Supervisors, General Director or Director, Deputy General Director or Deputy Director, and Chief Accountant in one-member limited liability companies owned by the State (hereinafter referred to as companies).

Accordingly, the basic salary scale for determining the salary fund of full-time management officials stipulates that the Chairman of the Board of Members or the Chairman of the company in an economic group has a salary of 36 million VND/month; the General Director or Director of an economic group has a salary of 35 million VND/month; full-time members of the Board of Members, full-time auditors, Deputy General Directors or Deputy Directors of an economic group have a salary of 32 million VND/month; and the Chief Accountant of an economic group has a salary of 29 million VND/month.

The Decree stipulates the principles for determining and paying salaries, remuneration, and bonuses, including: 1. Salaries for full-time managerial staff are determined and paid based on production and business efficiency, management and operational results, or control performance, and are subject to a maximum limit.

2. Remuneration for non-specialized management staff at the company is calculated based on work performed and time worked, but shall not exceed 20% of the salary of specialized management staff; for management staff appointed to represent capital contributions in multiple other companies and enterprises, the remuneration paid by those other companies and enterprises shall be remitted to the company for payment based on the level of task completion, but shall not exceed 50% of the actual salary received at the company. The remaining amount (if any) shall be accounted for as other income of the company.

3. The salary and remuneration fund for management staff is determined annually, separate from the salary fund for employees, and is developed by the company and submitted to the owner for approval. Each month, management staff receive an advance payment of 80% of the estimated salary and remuneration for that month; the remaining 20% ​​is settled and paid at the end of the year.

4. Salaries and remuneration for management personnel are accounted for in the cost of goods sold or business expenses and are shown as a separate item in the company's annual financial statements.

5. Bonuses for managerial staff are determined annually based on production and business performance, management and operational results, or control performance, and are paid in part at the end of the year, with the remainder paid after the end of their term.

6. Salaries, bonuses, and remuneration of the Auditors, as stipulated in this Decree, must be remitted to the owner to form a common fund, on the basis of which the owner pays the Auditors according to the level of completion of assigned tasks. For financial auditors in state-owned economic groups, the remittance shall be made to the Ministry of Finance for evaluation and payment.

This Decree takes effect from July 1, 2013. The provisions of this Decree are applicable from May 1, 2013./.

According to (vov.vn) - LT