Decree No. 122/2015/ND-CP regulating region-based minimum wages for employees working for companies, cooperative unions, cooperatives, cooperative groups, farms, households, individuals and organizations hiring employees under labor contracts

THE GOVERNMENT

Decree No. 122/2015/ND-CP dated November 14, 2015 of the Government regulating region-based minimum wages for employees working for companies, cooperative unions, cooperatives, cooperative groups, farms, households, individuals and organizations hiring employees under labor contracts

Pursuant to the Law on Government organization dated December 25, 2001;

Pursuant to the Labor Code dated June 18, 2012;

Pursuant to the Law on Enterprise dated November 26, 2014;

At the request of the Minister of Labor, War Invalids and Social Affairs

The Government promulgates the Decree regulating region-based minimum wages for employees working for companies, cooperative unions, cooperatives, cooperative groups, farms, households, individuals and organizations hiring employees under labor contracts.

Article 1. Scope of adjustment

This Decree regulates region-based minimum wages for employees working for companies, cooperative unions, cooperatives, cooperative groups, farms, households, individuals and organizations hiring employees under labor contracts according to regulations in the Labor Code.

Article 2. Subject of application

1. Every enterprise established, organized and operating under the Law on Enterprise.

2. Vietnamese cooperatives, cooperative unions, cooperative groups, farms, households, individuals and other organizations hiring employees under labor contracts.

3. Foreign organizations, international organizations and foreigners in Vietnam hiring employees under labor contracts (excluding the international agreements to which the Socialist Republic of Vietnam is a signatory which have different regulations from those of this Decree).

Companies, cooperatives, cooperative unions, cooperative groups, farms, households, organizations and individuals prescribed in Clauses 1, 2 and 3 of this Article, hereinafter referred to as enterprises.

Article 3. Region-based minimum wages

1. Region-based minimum wages shall be applied as follows:

a) VND 3,500,000/month shall be applied to enterprises operating in region I.

b) VND 3,100,000/month shall be applied to enterprises operating in region II.

c) VND 2,700,000/month shall be applied to enterprises operating in region III.

d) VND 2,400,000/month shall be applied to enterprises operating in region IV.

2. Administrative divisions of regions I, II, III and IV are prescribed in the Appendix enclosed with this Decree.