Expected salary of group chairman is 36 million VND/month

The basic salary of the chairman of the board of members (BOM) of parent companies of state-owned economic groups is 36 million VND/month.

That is one of the options proposed in the draft decree regulating the salary, remuneration and bonus regime for members of the Board of Directors (company president), controller, general director (director), deputy general director (deputy director), and chief accountant in single-member limited liability companies owned by the State.

Similarly, the basic salary at the parent company of state-owned economic groups of the general director and director is 34 million VND/month; of full-time members of the Board of Directors, deputy general directors and deputy directors is 30 million VND/month; of controllers and chief accountants is 28 million VND/month.

The draft decree also states that bonuses for these subjects will be calculated at the end of the year based on production and business performance and management and operation evaluation results decided by the Chairman of the Board of Directors (or the Chairman of the Company). In case the evaluation results of the company's management and operation do not meet the requirements, or the company operates without profit or at a loss, no bonus will be given. If approved by the Government, this decree will take effect in early 2013.

According to (Hanoimoi.com.vn)-LT