News
November 18, 2025
Regional minimum wage up 7.2% from 2026
From January 1, 2026, the minimum wage for employees working under labour contracts will rise by 250,000–350,000 VND (9.8-13.7 USD) per month, an average increase of 7.2%, under Government Decree No. 293/2025/ND-CP.Ministry to conduct wage survey at 3,400 enterprisesProposal on minimum wage to be submitted for Government approvalMinimum wage fixing for labourers under discussion
**Regional Minimum Wage Set to Increase by 7.2% in 2026**
Workers across the region can expect a boost to their paychecks starting January 1, 2026, as the minimum wage for employees working under labor contracts is set to increase. According to Government Decree No. 293/2025/ND-CP, the increase will range from 250,000 to 350,000 VND (approximately 9.8 to 13.7 USD) per month, representing an average rise of 7.2%.
This upcoming change will provide much-needed financial relief for many low-wage earners and is expected to have a ripple effect throughout the regional economy. The government's decision follows extensive discussions and considerations regarding the economic realities faced by both workers and businesses.
The Ministry has been actively involved in the process, recently conducting a comprehensive wage survey across 3,400 enterprises. This survey aimed to gather data and insights into current wage levels and the potential impact of a minimum wage increase on businesses of varying sizes and sectors. The data collected from this survey played a crucial role in informing the final decision outlined in the Government Decree.
The path to this increased minimum wage involved a multi-step process. The Ministry formulated a proposal based on economic analysis and stakeholder input, which was then submitted for Government approval. This process reflects the government’s commitment to a fair and balanced approach, ensuring that the needs of both employees and employers are carefully considered.
The details of the specific minimum wage levels for different regions will be outlined in subsequent announcements. The government emphasizes that this adjustment is designed to help workers cope with the rising cost of living and contribute to a more equitable distribution of wealth. The implementation of this increase is expected to have a positive impact on consumer spending and overall economic growth in the region.
Workers across the region can expect a boost to their paychecks starting January 1, 2026, as the minimum wage for employees working under labor contracts is set to increase. According to Government Decree No. 293/2025/ND-CP, the increase will range from 250,000 to 350,000 VND (approximately 9.8 to 13.7 USD) per month, representing an average rise of 7.2%.
This upcoming change will provide much-needed financial relief for many low-wage earners and is expected to have a ripple effect throughout the regional economy. The government's decision follows extensive discussions and considerations regarding the economic realities faced by both workers and businesses.
The Ministry has been actively involved in the process, recently conducting a comprehensive wage survey across 3,400 enterprises. This survey aimed to gather data and insights into current wage levels and the potential impact of a minimum wage increase on businesses of varying sizes and sectors. The data collected from this survey played a crucial role in informing the final decision outlined in the Government Decree.
The path to this increased minimum wage involved a multi-step process. The Ministry formulated a proposal based on economic analysis and stakeholder input, which was then submitted for Government approval. This process reflects the government’s commitment to a fair and balanced approach, ensuring that the needs of both employees and employers are carefully considered.
The details of the specific minimum wage levels for different regions will be outlined in subsequent announcements. The government emphasizes that this adjustment is designed to help workers cope with the rising cost of living and contribute to a more equitable distribution of wealth. The implementation of this increase is expected to have a positive impact on consumer spending and overall economic growth in the region.
Category:
Politics