The minimum monthly pay at state-owned companies in the least developed parts of Vietnam will increase by 12.3 percent to VND730,000 (US$41) starting next May, the Government Office has announced.
The minimum monthly pay at state-owned companies in the least developed parts of
Employees of private Vietnamese firms in these areas, which are designated as Zone 4, won’t have to wait that long as the higher minimum wage will apply to them from January.
The government has asked the Ministry of Labor, Invalids and Social Affairs to suggest specific plans for raising the minimum wage from the beginning of next year at foreign-invested companies in all of
The Zone 1 classification covers
In these areas, the minimum monthly wage is VND800,000 (US$45) at domestic firms and VND1.2 million ($67) at foreign-invested enterprises.
Zone 2 includes most rural districts in
In Zone 2 areas, the respective rates are VND740,000 and VND1.08 million.
Zone 3, where the rates are VND690,000 and VND950,000, applies to some rural districts of Hanoi, and parts of Bac Ninh, Bac Giang, Hung Yen, Hai Duong, Vinh Phuc, Quang Ninh, Lam Dong, Khanh Hoa, Tay Ninh, Binh Duong, Dong Nai, Long An, Ba Ria-Vung Tau provinces and Can Tho City.
The rest of
(Source: TNN)
