On November 14, 2015, the Government issued Decree No. 122/2015/NĐ-CP regulating regional minimum wage applied from January 01, 2016. Accordingly, regional minimum wage level is as follows:
– Region 1: 3,500,000 VND/month (increase 400,000 VND in comparison with 2015)
– Region 2: 3,100,000 VND/month (increase 350,000 VND in comparison with 2015)
– Region 3: 2,700,000 VND/month (increase 300,000 VND in comparison with 2015)
– Region 4: 2.400.000 VND/month (increase 250,000 VND in comparison with 2015)
Mentioned above wage level is applied for enterprises, cooperatives, farms, households, individuals and organizations in Vietnam; agencies; foreign organizations, international organizations and foreigners in Vietnam recruit laborers under labor contracts.
