The National Wage Council of Vietnam recently voted and agreed that Vietnam’s minimum wage should be increased by 6% from 1 July 2024. When the foregoing adjustment is officially approved and implemented, Vietnam’s minimum wage will be adjusted as follows:
Monthly Minimum Wage
Region 1: VND4,960,800
Region 2: VND4,409,600
Region 3: VND3,858,400
Region 4: VND3,445,000
Minimum Hourly Wage
Region 1: VND23,800
Region 2: VND21,000
Region 3: VND18,600
Region 4: VND16,600
Note:
(1)
Region 1 covers urban Hanoi and Ho Chi Minh City;
(2)
Region 2 covers rural Hanoi and Ho Chi Minh City along with Da Nang;
(3)
Region 3 covers provincial cities and districts of Bac Ninh, Bac Giang, Hai Duong, Phu To, Binh Phuc and other provinces not listed in Region I and Region II;
(4)
Region 4 covers remaining localities.
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