Region-based monthly minimum wages to increase 5.3% by 2019

VGP - The National Wage Council agreed on the proposal on a 5.3% rise of the region-based monthly minimum wages by 2019, following the approval of all 15 members.

August 14, 2018 10:21 AM GMT+7

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The third session of the National Wage Council was organized on August 13 to decide on the adjustment to region-based monthly minimum wages by 2019.

Accordingly, the region-based monthly minimum wages by 2019 will increase by 5.3% against in 2018.

The region-based monthly minimum wages rose by 6.5% and 7.3% in 2018 and 2017, respectively.

The region-based monthly minimum wages were 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 are applied to enterprises, cooperatives, household businesses, foreign companies and international organizations operating in Viet Nam.

Under this Decree, from January 1, 2018, the region – based minimum wage levels applicable to laborers working under contracts are 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.

By Thuy Dung