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Nov. 18 — Minimum wages in Vietnam are to increase by around 7.3 percent, which is an additional 180,000 dong ($8) to 250,000 dong ($11) per month, beginning Jan. 1, 2017, the government said Nov. 14 in decree 153/2016/NĐ-CP.
The minimum wage varies depending on the cost of living of a location and is divided into four regions. The new monthly minimum wage will range from 3.75 million dong ($166) to 2.58 million dong ($114).
The current highest minimum wage is in Hanoi and Ho Chi Minh City at 3.5 million dong ($155) a month while the lowest is in certain rural areas at 2.4 million dong ($106).
Decree No. 153/2016 is available in Vietnamese at http://www.moit.gov.vn/vn/Pages/ChiTietVanBan.aspx?vID=15052. More information on payroll issues in Vietnam is available in the Vietnam country primer.
Copyright © 2016 The Bureau of National Affairs, Inc. All Rights Reserved.
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