Minimum wages will increase to between VND1.4 and 2 million for employees in enterprises from October 1, 2011, according to a Government decree issued on August 22.
Decree No. 70/2011/ND-CP says there are different levels of minimum wages for four regions in the country, with the first at VND2 million (US$96), the second - VND1.78 million (US$85), the third - VND1.55 million (US$74) and the fourth at VND1.4 million (US$67).
The new minimum wages will be higher than the current levels by VND300,000-650,000 per month.
The decree also states that the region-based minimum wages serve as a basis for employers to adjust salary levels in the salary scale, payroll and allowances in line with labour regulations.
The State encourages businesses to pay salaries for workers higher than the region-based minimum wages.
VNA
Đăng ẩn
Tắt
Add new comment