Minimum wage per hour in vietnam. 65) and VND 23,800 (US$0.
- Minimum wage per hour in vietnam. Jul 2, 2024 · According to Decree 74/2024/ND-CP, the Statutory minimum wages per hou r for employees in each region from July 1, 2024, is as follows: Region I: 23,800 VND/hour; Region II: 21,200 VND/hour; Region III: 18,600 VND/hour; Region IV: 16,600 VND/hour; Apr 13, 2024 · How is Vietnam’s minimum wage decided? Vietnam sets its minimum wage by taking into account a number of variables, such as the demands of its workforce, the country’s average living standards, and the socioeconomic circumstances of its regions. In this article, we will cover the legal framework for minimum wage in Vietnam and current rates by region. Jun 18, 2025 · Meanwhile, the hourly minimum wage shall be between VND 16,600 (US$0. Feb 21, 2025 · Explore the minimum wage in Vietnam in 2025 per hour, per month and in relation to Vietnam's key low-cost labour competitors in Southeast Asia. Understand Vietnam's minimum wage structure: a common wage and zone-based wages for non-state employees. Mar 28, 2025 · For employers in Vietnam, compliance with the country’s minimum wage regulations is crucial to avoid penalties and fines. Earlier, the Government issued Decree 74/2024/ND-CP dated June 30, 2024 providing for regional minimum wage, applicable from July 1, 2024. Important information for your business. Thus, compared to the regional minimum wage applied before July 1, 2024 in Decree 38/2022/ND-CP, the current regional minimum wage has increased by 6%. Correspondingly in this regulation, the minimum hourly wage increases from 1,000 VND to 1,300 VND in order from region IV to region I. 65) and VND 23,800 (US$0. 93) depending on the region. Understand Vietnam's minimum wage structure: a common wage and zone-based wages for non-state employees. . reijq acyiransp ktumxb xnxr fvf najaczb saejki dgvvg yhx vtfkkpr