Email
Zalo
Messenger
Map
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
More articleAccording to Vietnam's investment law, the textile and garment manufacturing industry is on the list of industries with investment incentives in Vietnam and is not on the list of industries with limited market access for foreign investors...
According to the law, international bidding means the bidding process with the participation of both domestic and foreign bidders or investors. The requirements for organizing international bidding are...
Except for investment projects under the authority of the National Assembly to approve investment policies, investors have the right to choose to register investment according to special investment procedures for projects in industrial parks, export processing zones...
The value of land use rights is defined as the monetary value of land use rights for a land area or type of land at a specified time, with a determined usage duration. According to the provisions of the 2024 Land Law, foreign-invested economic organizations are eligible to...
Decree No. 175/2024/ND-CP of the Government detailing a number of articles and measures to implement the Construction Law on construction management officially takes effect from December 30, 2024. Accordingly, the procedures...
CALL US +84 902 905 292
We are confident that we are fully capable of meeting all the consulting requirements of
our customers and prove that the customer's choice for us is the most suitable choice.