Update

Official Letter 640/LDTBXH-TCCB of the Ministry of Labour – Invalids and Social Affairs (MOLISA) on the rate of wage increase before the deadline

Official Letter 640/LDTBXH-TCCB of the Ministry of Labour – Invalids and Social Affairs (MOLISA) on the rate of wage increase before the deadline

From April 10th 2013, the rate of officials and employees that are paid increasing ahead of time in a year will be raised to 10%, doubling the previous regulation.

To directly implementing the provisions of Decree 17/2013/ND-CP, MOLISA issued Official Letter 640/LDTBXH-TCCB.

Specifically, the Ministry requires the state owned enterprises (SOEs) to review the number of employees that meet the condition for wage increasing ahead of time and must not exceed the above rate.

With the officials that are paid increasing ahead of time as additional interface, the SOEs must file document in accordance with this Official Letter and send to the Department of Personnel before March 15th 2013.

Official Letter takes effect from March 4th 2013.

To learn more about the employment issues that might impact your business, please contact us for inquiries through email ant@antlawyers.vn or call our partners directly at  +84 24 730 86 529.

ANT Lawyers

Tuan Nguyen

Recent Posts

Executive Office for Foreign Contractors in Vietnam: 7 Issues to Plan Before Engineer Mobilization

An executive office for foreign contractors in Vietnam is not just a physical office for…

20 hours ago

Arbitration Procedure in Vietnam: 7 Stages Foreign Companies Should Prepare For

Arbitration procedure in Vietnam can affect your time, your cost, your evidence position, and your…

7 days ago

Apply for A Construction Operation License in Vietnam: 9 Steps Foreign Contractors Should Plan Before Mobilization

Foreign contractors usually realize they need a construction operation license later than they should, and…

1 week ago

Arbitration Clause in Vietnam: 7 Drafting Mistakes Foreign Companies Should Avoid

To most managers’ surprise, an arbitration clause in Vietnam is one short paragraph in your…

2 weeks ago

Contractor Permit in Vietnam: 5 Points Explained

Foreign contractors working in Vietnam often see different words used for the same approval. Some…

2 weeks ago

Construction Operation License in Vietnam: 9 Things Foreign Project Managers Should Know Before the Contract Start Date

Let’s face the reality. After the contract is signed, the project owner expects you on…

3 weeks ago

This website uses cookies.