According to Minister of Home Affairs Nguyễn Tiến Hải, the government has issued decrees adjusting salaries, pensions and allowances under Politburo Conclusion No. 206, benefiting over 5.8 million people, with an additional 48.5 trillion VND in resources allocated for the last six months of 2026. Raising the base salary from 2.34 million to 2.53 million VND per month would require about 35,000 billion VND in the same period, while nearly 3.5 million pensioners and social insurance recipients would need about 10,773 billion VND. The allowance for commune-level civil servants will rise from 25% to 55%, covering about 163,000 people at a cost of roughly 2,800 billion VND. The Ministry of Home Affairs is working with the Central Organizing Committee on an overall salary scheme. Delegate Nguyễn Thị Yến Nhi proposed allowances for commune-level public-sector employees, who currently do not receive the public service allowance that commune civil servants get; the Ministry is studying the issue to report to the government.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Bộ trưởng Nội vụ thông tin về chính sách tiền lương mới
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wagesbudgetpublic spendingVietnam
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Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 10/30/2026 | 1,741.62 |
| Change that session | -0.80% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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