new wage policy

Update news new wage policy

Government pledges VND913 trillion for 30% wage increase

Minister of Home Affairs Pham Thi Thanh Tra affirmed that the Government ensures the total funding demand increases to VND913,300 billion when increasing the basic wage by 30% and related policies.

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.