Upcoming adjustments to ensure reasonable minimum wage disparities among regions

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One of the primary tasks and solutions set out in this Resolution is to improve the mechanisms and policies aimed at protecting and enhancing the responsibilities of investors, specifically:

- Amend and supplement regulations to ensure the rights, obligations, recognition, and protection of legal ownership of assets, intellectual property rights, investment capital, income, and other legitimate interests of investors and related entities, in accordance with international commitments. At the same time, strictly sanction any violations.

- Amend and supplement labor, employment, and wage laws to ensure a balance of interests between employees and employers in a transparent manner, meeting the requirements of international integration.

- Reasonably adjust the minimum wage gap between regions to limit labor concentration in major cities and reduce the pressure on infrastructure.

- Clearly define the responsibilities of infrastructure investors, foreign-invested enterprises in the construction of social housing, worker housing, kindergartens, medical facilities, culture, sports, etc., to serve the workers.

- Clearly define investor responsibilities for environmental protection during the investment, project implementation, and operation of enterprises throughout the project duration in accordance with the law.

Thus, to achieve the goal of improving the mechanisms and policies, and enhancing the quality and efficiency of foreign investment cooperation by 2030, in the coming time, the minimum wage gap between regions will be adjusted more reasonably, potentially narrowing the "rich-poor" gap between urban and rural areas.

See more directives at: Resolution 50-NQ/TW issued on August 20, 2019.

Nguyen Trinh

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