Speaking to Lao Dong reporter, Vice President of the Vietnam Federation of Commerce and Industry Hoang Quang Phong - Vice Chairman of the National Wage Council - said that the unit is synthesizing a proposed plan related to the regional minimum wage.
"We will agree on an additional plan this afternoon. However, there will certainly be an adjustment" - Mr. Phong said and said that it will be necessary to carefully calculate the time, location, and level of adjustment of regional minimum wage.
According to Decision No. 992/QD-TTg of the Government, the National Salary Council (Council) has 17 members including: Chairman of the Council is Mr. Nguyen Manh Khuong - Deputy Minister of Home Affairs.
The Vice Chairmen of the Council include: Mr. Ngo Duy Hieu - Vice President of the Vietnam General Confederation of Labor; Mr. Hoang Quang Phong - Vice President of the Vietnam Federation of Commerce and Industry (VCCI); Mr. Dinh Hong Thai - Vice President of the Vietnam Cooperative Alliance.
The remaining Council members include: 4 representative members of the Ministry of Home Affairs; 4 representative members of the Vietnam General Confederation of Labor; 3 representative members of the central employer representative organization (including 1 representative member of the Vietnam Association of Small and Medium Enterprises, 2 members representing two central professional associations that employ many workers);
The 2 independent members are experts and scientists in the fields of labor, wages, and socio-economics (excluding experts and scientists working at agencies, units, research institutes, universities under the Ministry of Home Affairs, the Vietnam General Confederation of Labor, and central employers' representative organizations).
The Council has a technical department and a standing department to assist the Council.
The Council performs its functions, tasks and activities according to the provisions of Articles 49, 50 and 53 of Decree No. 145/2020/ND-CP.
The Chairman of the Council issued the Working Regulations of the Council, the Technical Department and the Standing Department to assist the Council.
The regional minimum wage has been adjusted 16 times since 2009. Most recently, from July 1, 2024, Decree 74/2024/ND-CP The Government has adjusted the minimum wage increase by 6%, with the following levels: region I is 4.96 million VND, region II is 4.41 million VND, region III is 3.86 million VND, region IV is 3.45 million VND.
Decree 74 also clearly states the list of areas applying the minimum wage from July 1, 2024 in 4 regions.