Headlines 17/12/2018 08:23 SA

Region-specific minimum pay rates officially in effect from January 1, 2019

Tài Giỏi

On November 16, 2018, the Government promulgated the Decree No. 157/2018/ND-CP prescribing minimum pay rates for employees working under employment contracts.

Pursuant to the Decree, the minimum pay rates applied from January 1, 2019 will be increased from 160,000 to 200,000 dong/month, specifically including:

- Employees working for enterprises operating within the region I will be paid 4,180,000 dong/month (increased by 200,000 dong in comparison with the rate specified in the Decree No. 141/2017/ND-CP currently in force);

- Employees working for enterprises operating within the region II will be paid 3,710,000 dong/month (increased by 180,000 dong in comparison with the rate specified in the Decree No. 141 currently in force);

- Employees working for enterprises operating within the region III will be paid 3,250,000 dong/month (increased by 160,000 dong in comparison with the rate specified in the Decree No. 141 currently in force);

- Employees working for enterprises operating within the region IV will be paid 2,920,000 dong/month (increased by 160,000 dong in comparison with the one specified in the Decree No. 141 currently in force).

The region-specific minimum pay rate is defined as the lowest amount of pay based on which enterprises and employees seek an agreement and wage or salary is paid.

The Decree No. 157/2018/ND-CP is about to enter into force on January 1, 2019.

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