Vietnam Plans 7.2% Rise in Regional Minimum Wages from 2026
In line with the Politburo’s Resolution No. 83-KL/TW dated 21 June 2024 on wage reform, the Government has submitted to the National Assembly for consideration the Draft Decree on Minimum Wages for Employees Working under Labor Contracts (“Draft”). Once adopted, the Draft will replace Decree No. 74/2024/ND-CP, which has been in effect since 1 July 2024.
