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Higher minimum salary in enterprises since 2011

17:21 - 17/11/2010

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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