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High pay for bosses of public companies is wrong, gov’t spokesman
Chairman of the Government Office said at the government’s regular press conference yesterday that the huge wages for officials of the four public utility enterprises in HCM City is contrary to the current regulations and should be handled.
HCMC: Wages of bosses of SOEs 41 times higher than employees
While the average salary of seasonal workers is only VND5.4 million ($260) per month, that of the Director of HCM City Urban Drainage Company is over VND200 million ($10,000), totaling about VND2.6 billion ($130,000) a year.
