The Politburo has mandated the establishment of preferential, breakthrough mechanisms and policies, particularly in recruitment and salaries, to attract and retain talented and highly skilled artists with strong reputations.

The Government has proposed a significant adjustment to pensions and social insurance benefits starting July 1, 2024, with an expected increase of up to 15%. If approved, this will mark the highest increase ever in these benefits.

The Ministry of Labour, Invalids and Social Affairs (MOLISA) is working on a proposal to adjust the regional minimum wages in certain districts.

Up to 67% of Vietnamese professionals are hopeful about receiving a pay raise in their upcoming roles, according to the latest Salary Survey for 2024, conducted by Robert Walters.

Recruitment units offer maximum monthly pay of VND30 million to employees with a doctorate, and VND15 million to those with a bachelor’s degree.

The National Wage Council on Wednesday gave the green light to lifting the regional minimum wage by 6 per cent next year.