The region-based monthly minimum wages shall be increased by between VND 180,000-230,000 from January 1, 2018, according to the Government's Decree No. 141/2017/ND-CP.
The region-based minimum wage levels will be applied to enterprises, cooperatives, household businesses, foreign companies and international organizations operating in Vietnam..
Under this Decree, from January 1, 2018, the region – based minimum wage levels applicable to laborers working under labor contracts shall be increased as follows: Region I: VND3,9800,000 per month, Region II: VND3,530,000 per month, Region III: VND3,090,000 per month and Region IV: 2,760,000 per month.
The region-based minimum wage levels are higher than the current levels from VND180,000-230,000 per month.
VGP