The Government has just issued Decree No. 293/2025/ND-CP stipulating the minimum wage for employees working under labor contracts, effective from January 1, 2026, replacing Decree No. 74/2024/ND-CP.
According to Decree 293/2025/ND-CP, the minimum monthly salary in 4 regions is stipulated as follows:
Region I: increased by 350,000 VND, from 4,960,000 VND/month to 5,310,000 VND/month;
Region II: increased by 320,000 VND, from 4,410,000 VND/month to 4,730,000 VND/month;
Region III: increased by 280,000 VND from 3,860 VND/month to 4,140,000 VND/month;
Region IV: increased by 250,000 VND from 3,450,000 VND/month to 3,700,000 VND/month.
The minimum hourly wage in region I increases from 23,800 VND/hour to 25,500 VND/hour, region II from 21,200 VND/hour to 22,700 VND/hour, region III from 18,600 VND/hour to 20,000 VND/hour, region IV from 16,600 VND/hour to 17,800 VND/hour.
Thus, the above minimum wage increases by 250,000 - 350,000 VND/month (equivalent to an average rate of 7.2%) compared to the current minimum wage stipulated in Decree 74/2024/ND-CP.
Notably, the Government requires employers to be responsible for organizing a review of agreements in labor contracts, collective labor agreements and regulations and rules of employers to adjust and supplement them accordingly;
In particular, employers are not allowed to abolish or cut salary regimes when employees work overtime, work at night, compensation in kind and other regimes as prescribed by labor law.
For the contents agreed upon and committed in labor contracts, collective labor agreements or other legal agreements that are more beneficial to employees (such as the salary payment regime for employees doing work or the title required through studying and vocational training at least 7% higher than the minimum wage and the salary payment regime for employees working in work or positions with arduous, toxic, or dangerous working conditions at least 5%; work or position with especially arduous, toxic, or dangerous working conditions at least 7% higher than the salary of the job or position with equivalent complexity, working in normal working conditions) than prescribed in this Decree, it shall continue to be implemented, unless the parties have other agreements.