Olympic winners to receive cash prize

Olympic winners to receive cash prize

Nguyễn Tiến Minh, who won the bronze medal at the World Badminton Championship. — Photo thethaoplus.vnHÀ NỘI — A recent decision issued by Prime Minister Nguyễn Xuân Phúc has established a prize pot for Olympics champions. Olympic winners will be awarded VNĐ 三 五0 million (US$ 一 五, 二00) from the State budget.

Breaking an Olympic record will net the winner an additional VNĐ 一 四0 million ($ 六,000). Olympic silver and bronze medalists will receive VNĐ 二 二0 million ($ 九, 五00) and VNĐ 一 四0 million ($ 六,000), respectively.

The Asian Games gold medal will win an athlete VNĐ 一 四0 million ($ 六,000), while the runners-up will get VNĐ 八 五 million ($ 三, 七00) and VNĐ 五 五 million ($ 二, 四00), for second and third place.

Winners in the Southeast Asian Games will receive VNĐ 四 五 million ($ 一, 九 五0). The silver and bronze medalists will get VNĐ 二 五 million ($ 一,0 八0) and VNĐ 二0 million ($ 八 七0), respectively.

World championship winners in key sports will be awarded VNĐ 二 四 五 million ($ 一0, 六00).

Salary of the national teams’ members will be increased from VNĐ 一 五0,000 ($ 六. 五) to VNĐ 二 七0,000 ($ 一 一. 七) per day.

This decision will come into effect on December  二 四,  二0 一 八. — VNS