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Monday, 12/11/2018 09:12

Olympic winners to receive cash prize

Nguyen Tien Minh, who won the bronze medal at the World Badminton Championship. — Photo thethaoplus.vn
Viet Nam News

HA NOI — A recent decision issued by Prime Minister Nguyen Xuan Phuc has established a prize pot for Olympics champions. Olympic winners will be awarded VND350 million (US$15,200) from the State budget.

Breaking an Olympic record will net the winner an additional VND140 million ($6,000). Olympic silver and bronze medalists will receive VND220 million ($9,500) and VND140 million ($6,000), respectively.

The Asian Games gold medal will win an athlete VND140 million ($6,000), while the runners-up will get VND85 million ($3,700) and VND55 million ($2,400), for second and third place.

Winners in the Southeast Asian Games will receive VND45 million ($1,950). The silver and bronze medalists will get VND25 million ($1,080) and VND20 million ($870), respectively.

World championship winners in key sports will be awarded VND245 million ($10,600).

Salary of the national teams’ members will be increased from VND150,000 ($6.5) to VND270,000 ($11.7) per day.

This decision will come into effect on December 24, 2018. — VNS


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