On Aug 13rd 2018, National Wage Council announced the regional minimum wage in 2019, specifically as belows:
· Area 1: 4.180.000 VND (increase by 200.000 VND versus current regulations on Decree 141/2017/NĐ-CP issued by the Government)
· Area 2: 3.710.000 VND (increase by 180.000 VND versus current regulations on Decree 141/2017/NĐ-CP issued by the Government)
. Area 3: 3.250.000 VND (increase by 160.000 VND versus current regulations on Decree 141/2017/NĐ-CP issued by the Government)
· Area 4: 2.920.000 VND (increase by 160.000 VND versus current regulations on Decree 141/2017/NĐ-CP issued by the Government)Therefore, for the average of 4 areas, the regional minimum wage in 2019 is supposed to increase about 5.3% compared to 2018.The plan of increasing regional minimum wage in 2019 shall be submitted to the Government in order to release new Decree of the regional minimum wage in 2019.This new Decree will replace Decree No 141/2017/NĐ-CP, which stipulates the regional minimum wage regarding laborer working under labor contract and shall be applied from Jan 1st 2019.
