Proposal on minimum wage to be submitted for Government approval
After two negotiation sessions, the National Salary Council on December 20 reached a consensus to finalise the proposal to increase the regional minimum wage by 6% starting from July 1, 2024, to submit for Government for approval.
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| Participants at the meeting. (Photo: VNA) |
The hourly minimum wage will also increase by 6% starting from the same date, with the highest increase level for Region I at 23,800 VND per hour.
Regionally-based monthly minimum wages vary between four different regions based on four separate benchmarks determined by living standards in each area.
Region 1 covers urban Hanoi and HCM City; Region 2 covers rural Hanoi and HCM City along with Can Tho, Da Nang and Hai Phong cities; Region 3 applies to cities and districts of Bac Ninh, Bac Giang, Hai Duong, and Vinh Phuc provinces; and Region 4 encompasses the remaining localities.
(Source: VNA)
