New: Regional Minimum Wage for Workers in 2019

13:36, 11/07/2024

Here is the noteworthy content stipulated in Decree 157/2018/ND-CP recently issued by the Government of Vietnam on November 16, 2018, to prescribe regional minimum wage levels for employees working under labor contracts.

Accordingly, the regional minimum wage for employees working in enterprises is stipulated as follows:

- The rate of 4,180,000 VND/month, applicable to enterprises operating in Region I;- The rate of 3,710,000 VND/month, applicable to enterprises operating in Region II;- The rate of 3,250,000 VND/month, applicable to enterprises operating in Region III;- The rate of 2,920,000 VND/month, applicable to enterprises operating in Region IV;

Please note that the areas to which the regional minimum wage applies are defined according to the administrative units at the district, district-level town, and city directly under the province. The list of areas to which the regional minimum wage applies is specified in the appendix issued with Decree 157/2018/ND-CP.

More details can be found in Decree 157/2018/ND-CP effective from January 01, 2019.

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