The common minimum wage increase to 1,050,000 VND from 1st May 2012
On 12thApr 2012, Government issued Decree No 31/2012/NĐ-CP regulation on the common minimum wage, taking effective from 1stMay 2012. According to this Decree, the common monthly minimum wage will be raised from the current VND 830,000 to VND 1,050,000, increasing by VND 220.000 from current minimum rate. The maximum salary contribution to Social Insurance, Health … Read More