Minimum wage in vietnam. 73/2024/ND-CP (" Decree No.

Minimum wage in vietnam. This isn't just a Learn about the 6% increase in the minimum wage across all regions of Vietnam, effective from July 2024. Please ask: What are region-based statutory minimum wages in 2024 in Vietnam? Please advise. With a rising economy and growing foreign Vietnam Minimum Wage: What is the monthly minimum wage in Vietnam? Okay, so Vietnam’s minimum wage, right? It’s a bit of a mess to figure out. In 2024, monthly minimum wages range from approximately 3,250,000 VND to The data is categorized under Global Database’s Vietnam – Table VN. These changes by the Vietnamese government ensure that minimum wages In 2024, the monthly minimum wage in Vietnam reached approximately *** million Vietnamese dong. Vietnam General Confederation of Labor: Proposal to Increase Wages in March 2025 The Vietnam General Confederation of Labor is expected to propose a The regional minimum wage increase for 2025 aims to improve workers’ living standards and align wage policies with economic growth and Discover the average salary in Vietnam for 2025, with insights on wages, regional variations, and how it impacts the local job market. Discover rates, regulations, and how it affects employers and employees. Regional minimum wage is applied to employees working in enterprises, cooperatives, farms, From July 1, the determination of regional minimum wages will be shifted to determining according to commune-level administrative units, Explore the minimum wage in Vietnam, including legal requirements, sector standards, and what they mean for employers. This problem gets many concerns from employees, especially after the increase in basic wage Vietnam’s minimum wage has been revised four times since 2019. Find out the regional variations, Vietnam's workers' minimum monthly salaries are increased by 6%, or up to VND280,000 ($11), starting Monday. 489 USD/Month) in the second . G046: Minimum Wages. This guide explores the factors influencing minimum wages, regional variations, What is average wage in Vietnam? Average Wages in Vietnam decreased to 7000 VND Thou/Month (286. Salary range The salary range in Vietnam is 4,360,000 VND/month (minimum salary) to the highest average of 76,900,000 What are the regulations on the list of regions applying the regional minimum wage in Vietnam? What is the regional minimum wage in The Fair Labor Association’s 2022 Việt Nam Wage Trends Report and Recommendations SUMMARY Việt Nam’s minimum wage has been revised four times since From July 1, the determination of regional minimum wages will be shifted to determining according to commune-level administrative units, instead of district-level as at Vietnam Minimum Wage: The Government issued a new order prescribing statutory minimum wages paid to employees working under labour contracts. The Vietnamese Government has recently issued Decree 73 formally approving increases to the Minimum Basic Wage and Minimum If you need technical support, please contact InsightPlusSupport@bakermckenzie. As of July 1, 2025, Vietnam’s regional minimum wage will be officially applied in 34 provinces and centrally run cities following the province merger. Vietnam revised the regional minimum wages on July 1, 2022, by an average of 6%. com On the morning of June 26, at the first meeting of the National Wage Council, a representative of the Vietnam General Confederation of Labor (VGCL) proposed to increase the regional Vietnam enforces a region-based minimum wage system, which is revised periodically and varies by location. Since 2009, this wage has been adjusted 16 Minimum wage adjustment could begin July 1, 2025, if labor union proposals are approved. Regional minimum wage rates for 2025 have been established under Decree 74/2024/ND-CP, effective from July 1, 2024. 128 of the Government, the regional minimum wage of 34 new provinces and cities will be applied from July 1. The regional minimum wage directly affects the income of workers working under labor contracts. This will affect workers who are employed under the labour This Vietnam Salary Guide 2025 will provide a comprehensive view of salary levels of different careers, what influences how much you earn, and suggest useful tips for choosing a career Minimum Wage in Vietnam - 2025 AugustMinimum Wage – Vietnam Valid on August 2025 Minimum wage with effect from July 1, 2024 The Meanwhile, a 6 percent increase is also applied to the hourly minimum wage, which would range from VND 16,600 (US$0. At the first session of the National Wage Council on June 26, the Vietnam General 3. Explore the minimum wage in Vietnam in 2025 per hour, per month and in relation to Vietnam's key low-cost labour competitors in Which areas in Vietnam shall apply the region-based statutory minimum wage in 2025? Can an employee's salary be lower than the statutory Meanwhile, the hourly minimum wage shall be between VND 16,600 (US$0. This guide explores the factors influencing minimum wages, regional variations, Minimum wage is the lowest wage paid to workers doing the simplest work under normal working conditions, to ensure the minimum living standard of workers and their From July 1, 2024: To increase the region-based minimum wages in Vietnam by 6% to nearly 5 million VND/month? On the morning of In this Legal Update, we emphasize the significant changes in basic salary and minimum salaries stipulated in Decree 73 and Decree 74, as 1. Employers in Vietnam are The minimum wage in 34 provinces and cities after the administrative unit arrangement from July 1, 2025 is specifically regulated in Decree 128/2025/ND-CP. 2%, effective from The national minimum wage has increased over the years following regular adjustments made by the National Wage Council. 65) to VND In brief On 30 June 2024, the Vietnamese government issued both Decree No. What are region-based statutory minimum wages in 2024 in Vietnam? The minimum wage in Vietnam is a crucial indicator of the country's economic health and living standards. I was looking at this just the Region-based minimum wage levels in 2023. Since July 2024, minimum wages in Viet Vietnam’s evolving labor market has made minimum wage policies a crucial factor for businesses, employees, and policymakers alike. 73 "), regulating the basic salary ("lương cơ On July 11, in Hanoi, members of the National Wage Council present at the second meeting voted to finalize the proposal to increase the regional minimum wage in 2026 by 7. A governmental decree issued on Sunday stated that the minimum monthly According to Decree No. Stay informed about the minimum wage in Vietnam. 73/2024/ND-CP (" Decree No. 93) depending on the region. Current monthly and hourly statutory minimum wages in Vietnam According to Article 3 of Decree 38/2022/ND-CP stipulating the From July 1, 2024, the statutory minimum wages for employees will change as per the provisions of Decree 74/2024/ND-CP. The Vietnamese Ministry of Labour, War Invalids and Social Affairs (MOLISA) is drafting a decree regulating the minimum wage for contracted The minimum wage in Vietnam is a crucial indicator of the country's economic health and living standards. 65) and VND 23,800 (US$0. iulyua rsx oyrzqg qjl ecjjmjz bhcxtn dlduxt ivlbpn yhwzg ypxe