Special remuneration mechanism proposed for financial center experts

The Government has issued Decree No 92/2026/ND-CP regarding special regimes and policies for the Executive Council of the International Financial Center in Vietnam.

According to the decree, the applicable subjects include the Chairperson, Vice Chairpersons, and members of the Executive Council; personnel working in the Assisting Body and the Advisory Council; and other relevant agencies, organizations, and individuals.

The decree stipulates that the Chairperson, Vice Chairpersons, and members of the Executive Council working in a concurrent capacity shall receive an allowance equal to 50% of their current monthly salary in addition to their regular pay. This allowance will not be used to calculate compulsory social insurance or health insurance contributions and benefits.

In cases where the Chairperson of the Executive Council works in a dedicated capacity, he or she will continue to receive his or her existing salary and any applicable salary allowances, while also receiving an additional monthly allowance equal to 80% of his or her current salary. Furthermore, he or she is entitled to regimes and policies regarding bonuses, housing, transportation, working conditions, honors, awards, medical care, convalescence, and annual leave as prescribed in Decree No. 231/2025/ND-CP.

Individuals recruited under talent attraction programs, or cadres, civil servants, and public employees identified by their managing agencies as possessing outstanding or exceptional professional capacity, shall be entitled to an additional monthly allowance equal to 150% of their current salary, in accordance with Decree No 179/2024/ND-CP.

Regarding members of the Advisory Council, based on operational needs, tasks, and objectives, the Chairperson of the Executive Council shall sign labor contracts with prestigious domestic and international financial and legal experts to serve as members. These experts will work under a labor contract regime and receive salaries based on a negotiation mechanism.

The Chairperson of the Executive Council shall decide the salary levels and specific terms within the labor contracts for these experts. These decisions will be based on job requirements, the individual's capacity and contributions, academic titles, degrees, professional experience, and the results of their assigned tasks.