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Decree

122/2015/ND-CP

Decree 122/2015/ND-CP on regional minimum wages for workers in enterprises, cooperative unions, cooperatives, cooperative groups, farms, households, individuals and organizations employing workers under labor contracts

Document Type
Document Number
Status
Date Effective
Issuing Body
Official Source URL
Decree
122/2015/ND-CP
In effect
01/01/2016
https://phapluat.gov.vn/legal-documents/92898

Summary

Decree 122/2015/ND-CP, issued by the Government on 14 November 2015, sets the region-based minimum wage for workers under labour contracts at enterprises, unions of cooperatives, cooperatives, cooperative groups, farms, households, individuals, and other bodies that employ labour. It is grounded in the 2012 Labour Code and the 2014 Law on Enterprises and took effect on 1 January 2016, replacing Decree 103/2014/ND-CP. It applies to Vietnamese enterprises and cooperatives, households and individuals hiring under labour contracts, and foreign and international organizations and individuals in Vietnam employing workers, except where an international treaty Vietnam is party to provides otherwise. The calculation-relevant core is the four region-based monthly minimum wage floors, which serve as the lowest basis for wage agreements and feed…

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