INCREASE OF REGIONAL MINIMUM WAGE | 2017 Good news for the pay days


On 14th November 2016, the Government of Vietnam issued Decree 153/2016/ND-CP providing regional minimum wages applied for employees working under an employment contract ("Decree 153") to replace Decree 122/2015/ND-CP dated 14th November 2015.
According to Article 3.1 of Decree 153, the regional minimum wages for employees working under an employment contract shall be as follows:
  • For Area I, the regional minimum wage is 3,750,000 VND/month (an increase of 250,000VND);
  • For Area II, the regional minimum salary is 3,320,000 VND/month (an increase of 220,000 VND);
  • For Area III, the regional minimum wage is 2,900,000 VND/month (an increase of 200,000 VND);
  • For Area IV, the regional minimum wage is 2,580,000 VND/month (an increase of 180,000 VND).

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