Since January 1, 2016, monthly minimum wage for employees will surge from VND 2.4 million (US$114) to VND 3.5 million (US$166), according to Decree 122/2015/ND-CP on monthly minimum wage for employees.
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Since January 1, 2016, monthly minimum wage for employees will surge from VND 2.4 million (US$114) to VND 3.5 million (US$166), according to Decree 122/2015/ND-CP on monthly minimum wage for employees.
The minimum wage will be applied for four different regions in Việt Nam as follows Region I: VND 3.5 million (US$ 166); Region II: VND 3.1 million (US$ 147); Region III: VND 2.7 million (US$ 128) and Region IV: VND 2.4 million (US$114).
The fresh decree also stipulates that employers are not allowed to cut or abolish wages when their employees do extra jobs, night-shift and hard and harmful work.
Decree 122 replaces Decree 103/2014/ND-CP, dated November 11, 2014./.
(Source:VGP)
