Dec. 13 – The Vietnamese government recently released Decree 103/2012/ND-CP, which stipulates the new regional minimum wages for employees working for all types of enterprises. This will replace the prior Decree 70/2011/ND-CP, which has been in effect since August 2011.
These minimum wages will form the basis from which enterprises and employees will agree on salaries. The minimum wages are set to increase by approximately 17 percent in all four regions, as follows:
The description of each region is as follows:
- Region I: Covers the rural and urban districts of Hanoi, Ho Chi Minh City, Hai Phong, Bien Hoa City, Thu Dau Mot City, Vung Tau City of Ba Ria-Vung Tau Province, and some rural districts of Dong Nai and Binh Duong Province.
- Region II: Covers the remaining rural distracts of Hanoi, Hai Phong, Hai Duong City, Hung Yen City, and some rural districts of Hung Yen Province.
- Region III: Covers the remaining provincial cities, Chi Linh town, and some rural districts of Hai Duong and Vinh Phuc Province.
- Region IV: Covers the remaining localities.
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