Increasing region-based minimum wages from January 01, 2020
Increasing region-based minimum wages from January 01, 2020
On November 15, 2020, The Government promulgates a Decree No. 90/2019/ND-CP providing for the region-based minimum wages applied to employees working under labour contracts. New region-based minimum wages:
For enterprises located in region I: VND 4,420,000/month (increase VND 240,000).
For enterprises located in region II: VND 3,920,000/month (increase VND 210,000).
For enterprises located in region III: VND 3,430,000/month (increase VND 180,000).
For enterprises located in region IV: VND 3,070,000/month (increase VND 150,000).
Minimum wages for skilled workers shall be at least 7% higher than the region-based minimum wage.