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VIETNAM NEW REGIONAL MINIMUM SALARY APPLIED FROM 01/01/2019

The Decree no. 157/2018/NĐ-CP issued on 16th November 2018 regulated the new regional minimum salary rates applied from 01 January 2019 as following: Region I: VND 4,180,000/month; Region II: VND 3,710,000/month; Region III: VND 3,250,000/month; Region IV: VND 2,920,000/month.

In accordance with that, from January 2019, the maximum salary rate for Unemployment Insurance contribution should be: Region I: VND 83,600,000/month; Region II: VND 74,200,000/month; Region III: VND 65,000,000/month; Region IV: VND 58,400,000/month.