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Subscribe to
The Saigon Times

Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

$5 $1 /month
(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

AUTOMATIC RENEWAL REMINDER

  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
  • Your subscription will continue until you cancel.
  • You can cancel by using My account. Under My account, select "Unsubscribe" and then follow the instructions to cancel.
  • You can notify us of your intent to cancel at any time during your billing period. Cancellations take effect at the end of your current billing period.
28.9 C
Ho Chi Minh City
Tuesday, February 25, 2025

Vietnam set to raise minimum salaries early next month

The Saigon Times

Must read

HCMC – Contract workers will have their salaries increased 6% as from early next month, according to a new decree issued by the Government.

Decree 38/2022/ND-CP on the regional salary increase, signed by on Sunday, June 12, Deputy Prime Minister Pham Binh Minh applies to workers who signed labor contracts as per the Labor Code, and employers such as businesses operating under the Enterprise Law, organizations, cooperatives, business households and individuals.

There will be four new minimum salary levels for four different regions of the country. In region one, the monthly salary will rise from VND4.42 million to VND4.68 million; in region two, from VND3.92 million to VND4.16 million; in region three, from VND3.43 million to VND3.64 million; in region four, from VND3.07 million to VND3.25 million.

For hourly wages, the decree also specifies four levels for four regions. Region one has an hourly wage of VND22,500; region two, VND20,000; region three, VND17,500; and region four, VND15,600.

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