Increase the minimum wage for businesses
23:42 08/09/2011
The Government issued Decree No. 70/2011/ND-CP dated August 22, 2011 stimulating region-based minimum wage levels for laborers working for companies, enterprises, cooperatives, cooperative groups, farms, households, individuals and agencies, organizations employing laborers.
Decree 70 abolishes Decree No.107/2010/ND-CP dated October 29, 2010 of the Government, stumulating region-based minimum wage levels for laborers working for Vietnamese companies, enterprises, cooperatives, cooperative groups, farms, households, individuals and other organizations employing laborers and Decree No.108/2010/ND-CP dated October 29, 2010 of the Government stipulating region-based minimum wage levels for vietnamese laborers working for foreign-invested enterprises, foreign agencies and organizations and international organizations and for foreigners in Vietnam; clause 3 of Article 7 of Decree No.22/2011 / ND-CP dated April 04, 2011 of the Government stimulating general minimum wage level.
This Decree takes effect from October 05, 2011./.-ITD