Circular
74/2012/TT-BTC
Circular 74/2012/TT-BTC guiding the determination of needs, sources and methods of spending to implement the general minimum wage adjustment under Decree 31/2012/ND-CP of April 12, 2012, the public service allowance under Decree 34/2012/ND-CP of April 15, 2012, and the allowance adjustment for retired commune cadres under Decree 35/2012/ND-CP of April 18, 2012
.jpg&output=png&w=512)
Ministry of Finance
Vietnam's central finance ministry: the state budget, taxation, customs, the state treasury, public debt, state reserves, and accounting and pricing policy. In the 2025 reorganisation it absorbed the former Ministry of Planning and Investment, adding national development planning, public investment and statistics.
Document Type | Document Number | Status | Date Effective | Issuing Body | Official Source URL |
|---|---|---|---|---|---|
Circular | 74/2012/TT-BTC | In effect | 30/06/2012 | Ministry of Finance | https://phapluat.gov.vn/legal-documents/27680 |
Summary
This is Circular 74/2012/TT-BTC, issued by the Ministry of Finance on 14 May 2012, which guides how to determine the funding needs, funding sources and disbursement methods for implementing three 2012 decrees: Decree 31/2012/ND-CP on the common minimum wage, Decree 34/2012/ND-CP on the public-service allowance, and Decree 35/2012/ND-CP adjusting pensions, social-insurance benefits and monthly allowances for commune cadres who have left work. It is a public-finance budgeting instrument rather than a benefit-rate setter: it does not itself set new wage or allowance figures but tells ministries, central agencies and provincial authorities how to calculate, report and fund the cost of applying those decrees. For calculation purposes, the circular specifies who is counted when estimating funding needs. The headcount is…