On November 16, 2018, the Government issued Decree 157/2018/ND-CP stipulating the regional minimum wage for laborers working under labor contracts. This Decree takes effect from January 1, 2019.
According to this Decree, from January 1, 2019, the regional minimum wage is set as follows:
– The level of VND 4.18 million/month applies to enterprises operating in the area of Region I;
– The level of 3.71 million VND/month applies to enterprises operating in the area of Region II;
– The level of VND 3.25 million/month applies to enterprises operating in the area of Region III;
– The level of VND 2.92 million/month applies to enterprises operating in Region IV.
Compared to 2018, the regional minimum wage increased from VND 160,000 / month – VND 200,000 / month.
The Government stipulates the regional minimum wage applied from 01/01/2019 to increase from VND 160,000/month – VND 200,000/month compared to 2018, serving as a basis for businesses and workers to agree and pay salaries labor.