[Vietnam Legal Updates] Postponement Of The Basic Wage Increment

June 23, 2020

As usual, at the beginning of July each year, the Government will implement the increase of the base wage for public servants, officials and armed forces, pension allowance, social insurance allowance, monthly allowance. However, on 19 June 2020, the National Assembly voted to approve the Resolution of the 9th Session, the decision is NOT to make adjustments to the basic wage due to Covid-19 outbreak across the country.

Therefore, the basic wage will remain its value at VND 1.49 million / month instead of increasing to VND 1.6 million / month according to Decree No. 86/2019 / QH14.

This is not a legal document. The information here is for reference and general guidance purposes only.

Kindly contact NVM to obtain qualified legal consultation for specific situations

Mr. Huynh Minh Quan | (84) 903 969 118 | quan.huynh@nvmgroup.com