Good News: Official Increase in Regional Minimum Wage for Employees from 2020

Bích Hoa

20:34, 09/07/2024

Recently, the Government of Vietnam has promulgated Decree 90/2019/ND-CP stipulating the regional minimum wage for employees working under labor contracts.

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

- Region I: Increased from VND 4,180,000/month to VND 4,420,000/month.- Region II: Increased from VND 3,710,000/month to VND 3,920,000/month.- Region III: Increased from VND 3,250,000/month to VND 3,430,000/month.- Region IV: Increased from VND 2,920,000/month to VND 3,070,000/month.

The list of localities applying the minimum wage in Regions I, II, III, and IV is specified in the Appendix issued together with Decree 90/2019/ND-CP.

Thus, from January 1, 2020, the regional minimum wage applicable to employees working under contracts is significantly increased (from VND 150,000/month to VND 240,000/month).

See more regulations at Decree 90/2019/ND-CP, effective from January 1, 2020, and replacing Decree 157/2018/ND-CP.

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