Headlines 17/11/2016 15:56 CH

Official increase in region-based minimum wage as of January 01, 2017

Nguyễn Thạch

Decree No. 153/2016/ND-CP dated November 14, 2016 by the Government amends the region-based minimum wage for workers employed under a labor contract.

As of January 01, 2017, the new region-based minimum monthly wages for workers in enterprises shall exceed the current ones by VND 180,000 to 250,000, as follows:

- VND 3,750,000/month, applicable to the enterprises that operate in region I;

- VND 3,320,000/month, applicable to the enterprises that operate in region II;

- VND 2,900,000/month, applicable to the enterprises that operate in region III;

- VND 2,580,000/month, applicable to the enterprises that operate in region IV;

- Region I, region II, region III and region IV are defined in annexes to the Decree.

Decree No. 153/2016/ND-CP replaces the Government’s Decree No. 122/2015/ND-CP dated November 14, 2015.

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