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Monthly basic wage to increase
Under Resolution 70/2018/QH14 on State budget estimate for 2019, the National Assembly assigned the Government to adjust monthly basic wage from VND 1.39 million to VND 1.49 million for cadres, public employees and civil servants from July 1, 2019.
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FOREIGN EMPLOYEES shall be subjected to compulsory social insurance
Foreign employees working in Viet Nam shall be required to pay social insurance premiums since December 1, 2018, according to the Government’s recent Decree.
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New policies effective from July 2018
Valuating assets and examining damage in the State’s compensation liability; increasing basic salary; supporting enterprises with projects in the lines of technology transfer are among the newly issued policies that take effect in July 2018.
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Policies take effect since January 2018
A series of new policies on regional minimum wage, preferential import tariff, land use fees shall be valid since January 2018.
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Region-based minimum wage levels rises from January 1, 2018
The region-based monthly minimum wages shall be increased by between VND 180,000-230,000 from January 1, 2018, according to the Government's Decree No. 141/2017/ND-CP.
