Headlines 08/08/2017 10:05 SA

2018 region-specific base pay increased by VND 180 - 230 thousand

Quý Nguyễn

This morning (August 7, 2017), the National Salary Council has passed the proposed region-specific base pay in effect in 2018 with the following pay rates:

- Region I: VND 3,980,000/month (increased by VND 230,000 as compared with the one defined by currently applicable regulations of the Government’s Decree No. 153/2016/ND-CP ).  

- Region II: VND 3,530,000/month (increased by VND 210,000 as compared with the one defined by currently applicable regulations of the Government’s Decree No. 153).  

- Region III: VND 3,090,000/month (increased by VND 190,000 as compared with the one defined by currently applicable regulations of the Government’s Decree No. 153).  

- Region IV: VND 2,760,000/month (increased by VND 180,000 as compared with the one defined by currently applicable regulations of the Government’s Decree No. 153).  

This means that the base pay for 4 regions proposed to enter into force in 2018 by the National Salary Council will rise by an average of about 6.5% compared with 2017.

This 2018 proposal for base pay increase will be represented to the Government for its decision to promulgate a Decree providing the regulatory framework for the 2018 base pay.

This coming Decree will replace the Decree No. 153/2016/ND-CP on the region-specific base pay for employees working under employment contracts (into force from January 1, 2018).

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