Higher minimum salary in enterprises since 2011
Since January 1, 2011, the Government will raise the monthly salary benchmark applied for employees in both State-owned enterprises (SoEs) and foreign-invested one by VND 100,000-370,000 (US $5-18).
stipulating minimum salaries of Vietnamese employees working for foreign and domestic enterprises.
The salary benchmarks will be higher than the present ones by VND 100,000-370,000.
The benchmarks are classified in four regions from big cities to remote areas as shown in the following table:
Region | In SOEs | In foreign-invested enterprises | ||
Present (VND/month) | New benchmark (VND/month) | Present (VND/month) | New benchmark (VND/month) | |
I | 980,000 | 1,350,000 | 1,340,000 | 1,550,000 |
II | 880,000 | 1,200,000 | 1,190,000 | 1,350,000 |
III | 810,000 | 1,050,000 | 1,040,000 | 1,170,000 |
IV | 730,000 | 830,000 | 1,000,000 | 1,100,000 |
The Decrees also encourage enterprises to pay minimum wages higher than the above regional benchmarks./.The Government has just issued Decrees 107/2010/NĐ-CP and 108/210/NĐ-CP
source: Chinhphu.vn
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