Students who win international gold medals are rewarded 50 times their base salary?

Considering that the reward system for students who win national and international prizes is still low, the Ministry of Education proposed expanding the scope of the rewards and increasing the reward levels.

The Ministry of Education and Training is drafting a new decree on the reward regime for students who win prizes in national and international competitions for excellent students and national and international vocational skills.

The Ministry of Education proposes to use the basic salary as the basis for calculating bonuses. Students who win international gold medals will be rewarded with 50 times the basic salary (with the current salary of 1.3 million VND, the bonus will be about 65 million VND); international silver medals will be 33 times the basic salary (42.9 million VND); international bronze medals will be 22 times the basic salary (28.6 million VND).

Four male students from Phan Boi Chau High School for the Gifted won medals at the 2017 International Physics, Mathematics and Chemistry Olympiads. Photo: Internet

The winner of the International Encouragement Prize will be awarded 12 times the basic salary (15.6 million). The regional prize winner will have a proposed bonus of 5.2 million to 42.9 million; the national prize winner will have a bonus of 1.9 million to 5.2 million VND. According to this plan, the average total annual budget bonus will be about 5 billion VND.

The Ministry of Education also proposed to expand the form of rewards, according to the principle that achievements with a large scope of influence are rewarded at a higher level. The new level of reward is to award the Labor Medal to students who win international gold and silver medals; the Minister's Certificate of Merit is awarded to international encouragement prizes, regional bronze medals, regional encouragement prizes and students who win national prizes.

In addition, the Ministry of Education also proposed to add rewards for students with high achievements in applied scientific and technological research, and achievements in other specialized fields at national and international levels. The new policy aims to encourage students to actively study and conduct scientific research.

5/5 students of the Vietnamese delegation participating in the 2016 International Olympiad on Astronomy and Astrophysics in India won prizes.

According to Decision 158 in 2002, the reward for students winning the International Gold Medal is 15 million VND, the international region is 10 million VND; the International Silver Medal is 10 million VND, the international region is 7 million; the International Bronze Medal is 7 million... The reward for excellent students at the National level, the First, Second, and Third prizes are 1 million VND, 700,000 VND, and 400,000 VND respectively.

Decision 158 only rewards students who win prizes in competitions for excellent students, national Olympics, international Olympics, national vocational skills, and international vocational skills. Meanwhile, according to the Ministry of Education, currently, along with training students who are good at knowledge, it is necessary to focus on training in the field of applied and practical education.

According to regulations, only international Olympic gold medalists will receive a Certificate of Merit from the Prime Minister, while other international, regional and national achievements will receive a Certificate of Merit from the Minister of Education.

According to VNE