The Supreme People’s Court has said it will pay compensation of VND 7.2 billion (US$360,000) to a man who served ten years in prison for a wrongful murder conviction.
Truong Hoa Binh, head judge of the court, said on Friday that Nguyen Thanh Chan agreed to the amount after three negotiations.
Chan, 58, had earlier demanded a total of VND10 billion (US $471,000) for the damages caused by his 3,699 days in jail and the following 83 days he spent waiting for his name to be cleared.
The authorities have publicly apologized to Chan.
“I hope they will give me the money soon," he told local media.
"I will pay all the debts, pay for my wife’s medical treatment and rebuild my house. But that's just the plan, since I have not received any money yet.”
Chan was found guilty of murdering a local woman and was sentenced to life in prison in March 2004.
Four months later, the Supreme Court dismissed his appeal and upheld the initial verdict.
His wife’s investigation forced the real murderer, another local man, to give himself up in October 2013.
Chan was released one month later and the Supreme Court officially cleared his name in January 2014.
In his petition, Chan said three of his children had to quit school. His wife, Nguyen Thi Chien, developed psychological problems during the ten years she spent fighting for justice on her husband's behalf.
He also sent complaints to different government agencies claiming that police officers threatened to kill him and forced him to plead guilty.
The supreme court ordered the arrest of a prosecutor and a senior police officer in the northern province of Bac Giang last May for their roles in the case. They have been accused of falsifying trial documents.