According to Article 12 of Circular No. 003/2025/TT-BNV dated April 28, 2025 guiding the management of labor, wages, remuneration and bonuses for state-owned enterprises, the actual wage fund is determined according to the unit-price wage fund, labor productivity and profit.

The Circular only stipulates the comparison of 2 levels of increase: the increase of the average unit-price wage compared to the average wage of previous years, low/high/equal; the increase of actual labor productivity compared to the average labor productivity.

Ms. Nguyen Thi Thao (Hanoi) asked, so if the average unit-price wage decreases compared to the average wage of previous years or actual labor productivity decreases compared to the average labor productivity, how will the actual wage fund be determined, or will this case not happen?

Because if the production and business targets of the year of implementation are reduced, the actual number of employees remains unchanged, then the average salary according to unit price and labor productivity will decrease immediately compared to the average of previous years.

100% state-owned enterprises, when determining profits to calculate the actual salary fund, does the cost of calculating profits include the salary fund or not?

Ms. Thao's company is calculating profits to determine the salary fund, so it is not known what basis to use to determine the salary fund in the cost section.

Regarding this issue, the Ministry of Home Affairs responded as follows:

Point a, Clause 2, Article 13 of Decree No. 44/2025/ND-CP dated February 28, 2025 of the Government regulating the management of labor, wages, remuneration and bonuses in state-owned enterprises stipulates that the implemented wage fund is determined in connection with labor productivity, annual realized profits compared to labor productivity and average realized profits of the previous years when determining the stable wage unit price, in which the implemented wage fund is determined on the basis of the stable wage unit price and the annual production and business targets, ensuring that the wage increase does not exceed the increase in labor productivity of that year compared to the average labor productivity and the realized profits of that year are not lower than the average profits.

Regarding profit targets, currently, the determination of revenue, profit and cost targets for single-member limited liability companies with 100% state capital is implemented according to the provisions of Decree No. 91/2015/ND-CP dated October 13, 2015 of the Government on state capital investment in enterprises and management and use of capital and assets at enterprises.