The government issued the decree n°103/2014/ND-CP dated November the 11th 2014 on monthly minimum salary to replace the decree n°182/2013/ND-CP.
Since January the 1st 2015, the monthly minimum wage will increase for employees of enterprises, co-operatives, farms, family households, individuals and other organizations hiring labour.
The decree is also applicable to foreign invested enterprises which do not re-register or transform according to Article 170.3 of Law on enterprise.
The following minimum salaries will apply to entreprises:
Area |
Minimum Salary (VND/month) |
|
Decree 182/2013 |
Decree 103/2014 |
|
Area I |
2.700.000 |
3.100.000 |
Area II | 2.400.000 | 2.750.000 |
Area III | 2.100.000 | 2.400.000 |
Area IV | 1.900.000 | 2.150.000 |
If the enterprise operates in adjacent localities in which different minimum salary level is applied will be applied the higher region-based minimum salary level.
Note: Localities in which region-based minimum salary levels will be applied are specified in the Appendix and they are quite different in two legal documents.