This Decision announces the inflation adjustment factor at 200% for calculating the unit wage price in state-owned economic establishments, to be applied nationwide from October 1991.
适用范围
State-owned economic establishments
要点
- State-owned economic establishment → shall calculate the unit wage price based on an inflation adjustment factor of 200% from October 1991.
🌐 本文件的社会影响
- Positive impact: Helps ensure the living standards of workers during periods of rising prices, but may also put financial pressure on state-owned economic establishments.
- Negative impact: May reduce the profits of state-owned economic establishments if costs are not adjusted promptly.
❓ 常见问题
What is the inflation adjustment factor?
The inflation adjustment factor for calculating the unit wage price in state-owned economic establishments is 200%.
When was this inflation adjustment factor implemented?
The inflation adjustment factor was implemented from October 1991.
Do state-owned economic establishments need to adjust the unit wage price according to this inflation adjustment factor?
Yes, state-owned economic establishments must calculate the unit wage price based on the inflation adjustment factor of 200% from October 1991.
Is this inflation adjustment factor applied throughout the country?
Yes, the inflation adjustment factor is uniformly applied nationwide.
全文
Pursuant to …;
Regarding the price adjustment factor for calculating the unit wage rate in state-owned economic entities
Based on Decision No. 317/CT dated September 1, 1990, of the Chairman of the Council of Ministers on improving the management of wages and bonuses in state-owned economic entities;
Based on the notification from the General Statistics Office at Circular No. 440/CTTK-TNVTGC dated October 10, 1991, regarding the retail price index for goods and services in the national social market;After reaching a consensus with the Vietnam General Confederation of Labor;
The Ministry of Labor - Invalids and Social Affairs and the Ministry of Finance hereby decide:
The price adjustment factor for calculating the unit wage rate in state-owned economic entities is now published as 200% (two hundred percent).
This price adjustment factor shall be uniformly applied nationwide from October 1991 in accordance with the Circular guiding this matter issued by the two ministries./.
关系图
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