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new wage policy
Update news new wage policy
Vietnam’s minimum wage adjustment proposal set for March
Vietnam’s minimum wage may be adjusted in 2025 to better reflect living costs and economic growth. With inflation and expenses rising, labor unions are pushing for a significant increase.
Senior experts to receive salaries and benefits on par with ministers
A new proposal by the Ministry of Home Affairs seeks to elevate the status of senior experts in government agencies.
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.
