Decree No. 153/2016/ND-CP on Regional Minimum Wage 2017 Issued

15:22, 11/07/2024

On November 14, 2016, the Government of Vietnam promulgated Decree 153/2016/ND-CP stipulating the regional minimum wage rates for employees working under labor contracts.

The minimum regional wage applicable to employees working in enterprises is as follows:

- Region I: 3,750,000 VND/month (an increase of 250,000 VND/month compared to 2016);- Region II: 3,320,000 VND/month (an increase of 220,000 VND/month compared to 2016);- Region III: 2,900,000 VND/month (an increase of 200,000 VND/month compared to 2016);- Region IV: 2,580,000 VND/month (an increase of 180,000 VND/month compared to 2016).

The localities belonging to Regions I, II, III, and IV are stipulated in the Annex issued together with this Decree.

Decree 153/2016/ND-CP is effective from January 01, 2017, replacing Decree 122/2015/ND-CP.

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