Minimum Wage Levels to Rise for Foreign Companies in Vietnam in 2010 (fdi, HR)
Nov. 16 - Minimum monthly wages at foreign companies and organizations in the Vietnam’s least developed areas will increase 8.6 percent to VND1 million next year, according to a new government decree.
However, the minimum monthly wages for skilled workers in these areas, designated as Zone 4, must be at least VND1.07 million per month.
The decree stipulates that employees at foreign firms in Zone 3, Zone 2 and Zone 1 must receive minimum salaries of VND1.04 million, VND1.19 million and VND1.34 million respectively.
The Vietnamese government said the minimum wage could be modified again next year if the Ministry of Labor, Invalids and Social Affairs recommends it.
| Minimum Salary by Zone | ||
|---|---|---|
| Zone 1 | Urban districts in Hanoi and Ho Chi Minh City | VND1.34 million |
| Zone 2 | Most rural districts in Hanoi and HCMC as well as the entirety of Danang, Can To and the town of Ha Long. Parts of Haiphong City as well as the southern provinces of Dong Nai, Binh Duong and Ba Ria-Vung Tau. | VND1,19 million |
| Zone 3 | Some rural districts in Hanoi and parts of Bac Ninh, Bac Giang, Hung Yen, Hai Duong, Vinh Phuc, Quang Ninh, Quang Nam, Lam Dong, Khanh Hoa, Tay Ninh, Binh Duong, Binh Phuoc, Dong, Nai, Long An and Ba Ria-Vung, Tau provinces as well as parts of Can Tho and Haiphong | VND1,04 million |
| Zone 4 | all cities and districts not listed in zone 1-3 | VND1 million |
Reference
By courtesy of Vietnam Briefing 2009.
