Regional-based minimum wage to increase by 6 per cent on July 1
The minimum wage for workers in the first region, Hanoi's and Ho Chi Minh City’s urban areas, would be $203.50 per month. Region 2, covering the two cities’ rural areas along with major urban areas in the country like Can Tho, Danang, and Haiphong, would be $108.85 each month.
 |
| From July, employees will receive an increased minimum wage |
In Region 3, featuring provincial cities as well as Bac Ninh, Bac Giang, and Hai Duong provinces, employees will earn at least $158.55 every month, while the rest of the country in Region 4 would hit a minimum of $141.30.
This adjustment will be applied to employees who work under labour contracts as prescribed in the Labour Code.
Besides this, enterprises, agencies, organisations, cooperatives, households, and individuals that hire employees on the basis of labour contracts will also implement this decision.
The new decree also stipulates new minimum hourly pay of VND22,500 (97 US cents) in Region 1, VND20,000 (86 US cents) in Region 2, VND17,500 (76 US cents) in Region 3, and VND15,600 (68 US cents) in Region 4.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Tag:Related Contents
Latest News
More News
- VIR sustainable development conference opens in Hanoi (November 12, 2024 | 09:42)
- Taking the lead in dual transition for a greener Vietnam (November 11, 2024 | 17:00)
- Vietnamese consumers careful amid economic volatility (November 11, 2024 | 13:55)
- Quality must come first in chip mission (November 11, 2024 | 10:33)
- Vietnam's digital economy estimated to reach $36 billion in 2024 (November 07, 2024 | 13:52)
- Authorities looks to tackle influx of cheap foreign goods (November 07, 2024 | 10:44)
- Trump claims 'magnificent' victory over Harris (November 06, 2024 | 16:55)
- Trump on verge of victory over Harris (November 06, 2024 | 14:26)
- Hanoi unveils innovative tourism event to celebrate cultural heritage (November 06, 2024 | 13:36)
- FDI hits over $27 billion in first 10 months (November 06, 2024 | 13:24)
Mobile Version