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Minimum salary for employees working under labor contracts applied from July 1, 2024
On June 30, 2024, the Government issued Decree No. 74/2024/ND-CP regulating the minimum salary for employees working under labor contracts.
Gia Luat would like to send Clients some of the following main contents for your reference:
1. The monthly minimum salary and hourly minimum wage applied for employees working for employers by region are as follows:
|
Region |
Minimum monthly salary (Unit: VND/month) |
Minimum hourly wage (Unit: VND/hour) |
|
Region I |
4,960,000 |
23,800 |
|
Region II |
4,410,000 |
21,200 |
|
Region III |
3,860,000 |
18,600 |
|
Region IV |
3,450,000 |
16,600 |
2. Adjust some areas currently having the minimum level in low areas to the minimum level in higher areas, specifically:
− Moving from Region II to Region I in localities in:
- Quang Ninh Province: Uong Bi and Mong Cai cities and the towns of Quang Yen and Dong Trieu
- Hai Duong Province: Hai Duong City
- Dong Nai Province: Thong Nhat District
- Long An Province: Tan An city and Duc Hoa, Ben Luc, Can Giuoc districts.
− Moving from Region III to Region II in localities in:
- Hai Duong Province: Chi Linh city, Kinh Mon town and districts of Cam Giang, Binh Giang, Tu Ky, Gia Loc, Nam Sach, Kim Thanh.
- Thanh Hoa Province: Thanh Hoa and Sam Son cities; and Bim Son and Nghi Son towns.
- Khanh Hoa Province: Ninh Hoa Town.
- Dong Nai Province: Tan Phu and Cam My districts.
- Long An Province: Kien Tuong Town.
- Soc Trang Province: Soc Trang City.
- Bac Giang Province: Viet Yen and Yen Dung towns.
- Thai Binh Province: Thai Binh city.
− Moving from Region IV to Region III in localities in:
- Hai Duong province: Ninh Giang, Thanh Mien, Thanh Ha districts.
- Thanh Hoa Province: Trieu Son, Tho Xuan, Yen Dinh, Vinh Loc, Thieu Hoa, Ha Trung, Hau Loc, Nga Son, Hoang Hoa, Nong Cong districts.
- Ninh Thuan Province: Ninh Phuoc District.
- Thai Binh Province: Thai Thuy and Tien Hai districts.
This Decree takes effect from July 01, 2024 and replaces Decree No. 38/2022/ND-CP.
For detailed contents, please see the Decree in the attached file below for your reference.
Attached file: Decree No. 74/2024/ND-CP
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