Key Points
- Vietnam introduced new regional minimum wages on 1 July 2024
Overview
The government of Vietnam introduced new regional minimum wages on 1 July 2024. The regional minimum wage increased by six percent from VND200,000 to VND280,000 monthly.
Specifically, the regional minimum wage for Regions I, II, III and IV shall rise by VND280,000, VND250,000, VND220,000, and VND200,000 VND to VND4.96 million, VND4.41 million, VND 3.86 million, and VND 3.45 million, respectively.
Looking Ahead
Continue to check the government of Vietnam’s website and Envoy Global’s website for the latest updates and information.
Want to benchmark your immigration program against others in the EMEA region? Download our 2024 EMEA Immigration Trends Report!
Content in this publication is for informational purposes only and not intended as legal advice, nor should it be relied on as such. For additional information on the issues discussed, consult an attorney at Corporate Immigration Partners, P.C., or another qualified professional of your choosing. On non-U.S. immigration issues, consult your Envoy representative, or another qualified representative of your choosing.
