May 18, 2026 | 07:00

Base salary and pensions to increase from July 1

Nhật Dương

The base salary for public employees and armed forces will raise to VND2.53 million ($96.2) per month.

Base salary and pensions to increase from July 1

The Government has decided to increase base salary for public employees and armed forces VND2.53 million ($96.2) per month from VND2.34 million ($88.9) from July 1, 2026, according to the Government's latest Decree No. 161/2026/ND-CP.

The base salary will be the basis for calculating monthly salaries for cadres, civil servants, and public employees by multiplying it by their corresponding coefficient.

The Government on May 15 also issued Decree No. 162/2026/ND-CP regarding the adjustment of pensions, social insurance allowances, and monthly allowances. Effective from July 1 this year, monthly pensions and social insurance benefits will increase by 8%.

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