Regional minimum wage up 6% from July 1

The regional minimum wage is increased by 6% on average in all four regions, or around VND200,000-280,000 ($7.8-11) per month from July 1 following  Decree No. 74/2024/ND-CP, which was issued by the Government on June 30.

Under  the decree, the monthly minimum wage will be increased from current VND4.68 million ($184) to VND4.96 million ($195) in region I;  from VND4.16 million ($163) to VND4.41 million ($173) in region II; from VND3.64 million ($143) to VND3.86 million ($152) in region III; and VND3.25 million ($128) to VND3.45 million ($136) in region IV.

Region I covers urban areas of Hanoi and Ho Chi Minh City, while region II covers rural areas of Ha Noi and Ho Chi Minh City along with Can Tho, Da Nang and Hai Phong cities.

Region III covers provincial-level cities and districts of Bac Ninh, Bac Giang, Hai Duong, and Vinh Phuc provinces and region IV encompasses the rest of the country.