Fri, Aug 22, 2025, 10:59:00
Regarding this issue, the Ministry of Home Affairs responded as follows:
Currently, the determination and payment of remuneration for the Cooperative Development Support Fund has been specifically regulated in Article 3 and Article 8 of Circular No. 07/2025/TT-BNV dated May 22, 2025 of the Ministry of Home Affairs guiding the implementation of labor management, wages, remuneration, and bonuses for organizations as prescribed in Clause 5 and Clause 8, Article 34 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:
"Article 3. Principles of labor, wage, remuneration, and bonus management
Financial funds and financial institutions shall implement the principles of labor, wage, remuneration, and bonus management as prescribed in Article 3 of Decree No. 44/2025/ND-CP and Clause 1 Article 3 Circular No. 003/2025/TT-BNV dated April 28, 2025 of the Minister of Home Affairs guiding the implementation of labor management, wages, remuneration, and bonuses in state-owned enterprises (hereinafter referred to as Circular No. 003/2025/TT-BNV), in which when determining wages for employees, the Executive Board, Council members, and Controllers, the profit target is replaced by the total revenue minus total expenses (hereinafter referred to as the difference between revenue and expenditure); the profit margin target is replaced by the difference between revenue and expenditure ratio, determined by dividing the difference between revenue and expenditure by the target selected by the Financial Fund or Financial Institution according to the equity or contributed capital of the owner of the Financial Fund or Financial Institution. The total revenue and total expenses targets are determined according to the provisions of the law on accounting and finance, in which the total revenue target is the basis for determining wages for the Insurance The Deposit Insurance of Vietnam includes total revenue from investment activities of temporarily idle capital sources annually before deduction for accounting in income; revenue from deposit insurance operations and other revenue determined according to regulations on financial management for the Deposit Insurance of Vietnam.
… Article 8. Actual salary level, remuneration, salary advances, remuneration, decision on salary level, remuneration for Board members, Controllers
The determination of actual salary level, remuneration level, salary advances, remuneration, decision on salary level, remuneration for Board members, Controllers shall be implemented according to the provisions in Articles 22, 23, 24 and 25 of Decree No. 44/2025/ND-CP, in which the profit target is replaced by the revenue-expenditure difference target; the profit margin target is replaced by the revenue-expenditure difference rate target; the actual salary level of Board members, Controllers shall not exceed 1.5 times the basic salary as prescribed in Clause 5, Article 34 of Decree No. 44/2025/ND-CP".
Mr. Nguyen Tien Dat is requested to base on the above regulations for implementation.
