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:

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