In the business environment, the most concerning question that is always bear in mind of any executive and manager is the firm performance. By determining all relating factors of performance, how to measure and how they impact the organization will lead managers or owners to inspire all employees in order to get highest performance. Take into account of the practical situation in Vietnam Banking sector, these questions as well as solutions are continuously the headache for all executives, especially for state-owned banks where people are usually not in highest performance. Improving the firm performance and driving that performance in the desired direction could be done by implementing several management mechanisms, but there is only one direct and high impact, is to manage through appropriate, even aggressive reward policies. This method of management is already proven by all reputed world-class consulting firms: McKinsey & Company (McK), Boston Consulting Group (BCG), Bain & Company, and Deloitte. As a result, in this research, the author would like to focus on the relationship of reward policies and employee’s performance of Vietnam Bank for Social Policies in Ha Giang Province, the Bank that the author had chance to corporate with. This is also a strategy of the Bank in the year of 2014 to improve employee’s performance in all Divisions: back, middle and front offices, with a high pressure on sales and services performance, quality. During the research, the author will describe, follow, and analyze the reward policies design and implementation of the Bank including both financial and non-financial rewards and their impact to employee performance, where in the end, the author aim to propose some recommendations, changes and solutions to even more increase employee performance via reward policies.