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Vietnam Briefing is a magazine and daily news service about doing business in Vietnam. We cover topics relating to the Vietnamese economy, the market in Vietnam, foreign direct investment and Vietnamese law and tax. It is written in-house by the foreign investment professionals at Dezan Shira & Associates

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Minimum Wage Levels to Rise for Foreign Companies in 2010

Posted on November 16, 2009 by Vietnam Briefing

Nov. 16 – Minimum monthly wages at foreign companies and organizations in the Vietnam’s least developed areas will increase 8.6 percent to VND1 million next year, according to a new government decree.

However, the minimum monthly wages for skilled workers in these areas, designated as Zone 4, must be at least VND1.07 million per month.

The decree stipulates that employees at foreign firms in Zone 3, Zone 2 and Zone 1 must receive minimum salaries of VND1.04 million, VND1.19 million and VND1.34 million respectively.

The Vietnamese government said the minimum wage could be modified again next year if the Ministry of Labor, Invalids and Social Affairs recommends it.

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