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Decree

157/2018/ND-CP

Decree 157/2018/ND-CP on regional minimum wages for workers under labor contracts

Document Type
Document Number
Status
Date Effective
Issuing Body
Official Source URL
Decree
157/2018/ND-CP
In effect
01/01/2019
https://phapluat.gov.vn/legal-documents/132862

Summary

Decree 157/2018/ND-CP, issued by the Government on 16 November 2018, sets the regional minimum wages for employees working under labor contracts, taking effect on 1 January 2019. It directly feeds take-home-pay and contribution-base calculations because the regional minimum wage is the legal floor for contractual pay and a reference for social insurance and other entitlements. Article 1 limits scope to employees working under labor contracts as defined by the Labor Code. Article 2 lists the employers covered: enterprises established under the Law on Enterprises; cooperatives, cooperative unions, cooperative groups, farms, households, individuals, and other Vietnamese organizations that hire labor under contracts; and foreign agencies, international organizations, and foreign individuals in Vietnam that hire labor under contracts, except where an…

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