On October 10, the Government set new minimum-wage rates for Vietnamese working for foreign-invested enterprises, for foreign and international organisations and for foreign individuals in Viet Nam.
On October 10, the Government set new minimum-wage rates for Vietnamese working for foreign-invested enterprises, for foreign and international organisations and for foreign individuals in
According to Decree No.111/2008/ND-CP, the new minimum-wage rates for the most basic work shall be implemented from January 1 as follows: VND1,200,000 (presently VND1,000,000) applicable to those working for enterprises operating in area number one, including Ha Dong City and inner districts of Ha Noi and HCM City; VND1,080,000 (presently VND900,000) applicable to those working for enterprises in number two area, including rural districts of Ha Noi, such as Gia Lam, Dong Anh, Soc Son etc., and some districts in Hai Phong, Da Nang, Can Tho and Quang Ninh City etc; VND950,000 (presently VND800,000) applicable to area number three, including cities under province, apart from provinces mentioned above; VND920,000 applicable to all enterprises operating in the remaining area, number four.
On the same day, the Government issued Decree No.110/2008/ND-CP stipulating minimum-wage rates for employees working for Vietnamese enterprises, bodies, organisations and individuals. Accordingly, the minimum wage rates per month for the most basic work will be as follows: VND800,000 (currently VND620,000), VND740,000 (VND580,000), VND690,000 (VND540,000) and VND650,000 shall be applicable to the areas number one, two, three and four respectively.
The minimum wage rates will be used as the basis for calculating wage scales, wage tables and all types of allowances, for calculating wage rates recorded in employment agreements, and for implementing other regimes formulated by enterprises and promulgated by them in accordance with the labour law. The lowest wage payable to employees who have passed vocational training courses, including employees who have been trained by the enterprise which employs them, must be at least 7 per cent higher than the area minimum wage rates above.
The two decrees take effect on
(Source: VNS)
