May 28, 2019 Increasing the common minimum wage to 1,490,000 per month from 01st july, 2019 – decree no. 38/2019/nd-cp

Following the Resolution No. 70/2018/QH14 on state budget estimate in 2019 by the National Assembly on 9th November 2018, the Government issued the Decree No. 38/2019/ND-CP on 9 May 2019 to regulate the incensement of common minimum wage from 1,390,000 VND/month to 1,490,000VND/month which is going to take effect from 01st July, 2019 (increasing 100,000 VND/month from the current common minimum wage).

 

Relating to adjustment of the common minimum wage, the maximum salary and contribution rate to Social Insurance and Health Insurance will be risen as follows:

Unit: VND/month

WAGE FROM 01st JULY, 2019