Raise minimum wage to two million VND/month
On August 22, the Government issued a decree regulating regional minimum wages for employees working in companies, enterprises, cooperatives...
Accordingly, from October 1, 2011 to December 31, 2012, the new minimum wage applicable to enterprises operating in region 1 will increase to 2 million VND/month, region 2 to 1.78 million VND/month, region 3 to 1.55 million VND and the lowest is region 4 to 1.4 million VND/month.
These are the lowest wages that serve as the basis for businesses and employees to negotiate wages for workers, and these wages are also the basis for establishing wage levels in the salary scale, payroll and other regimes. Particularly for workers who have undergone vocational training (including workers taught by the business itself), the business must pay at least 7% higher than the minimum wage.
(According to Tuoi Tre)
