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ARTICLE · 19 NOVEMBER 2025

Decree On Statutory Minimum Wages- What You Must Know

Duane Morris LLP
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On 10 November 2025, the Government issued Decree No. 293/2025/ND-CP on statutory minimum wages for employees ("Decree 293") to replace Decree No. 74/2024/ND-CP...

VietnamEmployment and HR
Oliver Massmann
Oliver Massmann
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On 10 November 2025, the Government issued Decree No. 293/2025/ND-CP on statutory minimum wages for employees ("Decree 293") to replace Decree No. 74/2024/ND-CP ("Decree 74"), with effect from 1 January 2026. Decree 293 mandates an adjustment in the minimum monthly and hourly wages across the four regions with the details as follows:

1. Minimum month wage

Region Current rate under Decree 74 Adjusted rate under Decree 293 Increase (%)

I VND4,960,000 VND5,310,000 7.06%

II VND4,410,000 VND4,730,000 7.26%

III VND3,860,000 VND4,140,000 7.25%

IV VND3,450,000 VND3,700,000 7.25%

2. Minimum hourly wage

Region Current rate under Decree 74 Adjusted rate under Decree 293 Increase (VND)

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