The bonus money comprises VND350 million from the State budget, as prescribed in the Prime Minister’s Decree 152/2018/ND-CP dated November 7, 2018, along with VND1.5 billion pledged by sponsors.

Shooter Hoang Xuan Vinh celebrates winning Vietnam's first-ever Olympic gold medal at Rio 2016 Games.

Notably, the State’s bonus has increased nearly two-fold from the VND180 million level that shooter Hoang Xuan Vinh received following his 2016 Olympic glory.

Meanwhile, respective bonuses of VND1 billion and VND640 million will be awarded for each silver and bronze medal won by Vietnamese Olympians in Tokyo.

The bonus money for Vietnamese Olympic medallists is expected to increase significantly with contributions from many other sources such as the sports sector, athlete management units, businesses, organisations, and individuals.

Vietnam will send a 43-strong delegation, including 18 athletes, to Tokyo later this month, with the aim of returning home with medals.

Five years ago, Vietnam ranked 45th in the medal table at the Rio 2016 Olympics in Brazil with one gold and one silver, both won by shooter Hoang Xuan Vinh.

Vietnam secures two more Olympic slots in boxing and judo

The number of Vietnam’s slots in the upcoming 2020 Tokyo Olympics has been raised to 18, with boxer Nguyen Thi Tam and judo fighter Nguyen Thi Thanh Thuy being the country’s latest Olympians.

Swimmer Anh Vien seals Olympic place for third time

Vietnam’s top female swimmer Nguyen Thi Anh Vien has been included in the list of athletes competing in the upcoming 2020 Tokyo Olympics after receiving an invitation from the International Swimming Federation (FINA).

Vietnamese sprinter Quach Thi Lan to compete in 2020 Tokyo Olympics

The official website of the World Athletics (WA) has updated its list of competitors for the women’s 400m hurdles category at the upcoming 2020 Tokyo Olympics, with sprinter Quach Thi Lan named as the representative for Vietnamese track and field.

Veteran shooter champ grabs Olympic invitation slot

Marksman Hoang Xuan Vinh will be given an invitation slot to the Olympics this year.

Weightlifting earns Vietnam three more berths in Tokyo Olympics

Weightlifters Thach Kim Tuan, Vuong Thi Huyen and Hoang Thi Duyen have qualified for the 2020 Tokyo Olympics, raising the total number of Vietnam’s official berths in the upcoming Games to 14.

Source: NDO