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HKBAV News
SUGGESTION LETTER TO PM FOR DELAYING IMPLEMENTATION OF NEW MINIMUM WAGE REGULATION
According to Decree No. 111/2008/ND-CP, since 01 January 2009, the minimum pay for employees working in the enterprises of foreign direct investment will be 1,200,000 VND, 1,080,000 VND, 950,000 VND and 920,000 VND/month respectively. Of note, the current minimal pay for those working for the FIEs is 1,000,000 VND, 900,000 VND and 800,000 VND/month respectively.
- Decree 111/2008/ND-CP English
- Decree 111/2008/ND-CP Vietnamese
Members have raised their comments and believe that this decision will increase the burden for FIEs and it's also inappropriate to implement in current circumstances in Vietnam, particularly when the country is facing serious challenges.
During the 4th Gen. Comm. Meeting, the Gen. Comm. Members agreed to send a letter to Prime Minister and cc VITAS to suggest delaying implemetation of the new Minimum Wage.
Click the link below to download the letter.
- Letter to PM English
- Letter to PM Vietnamese
Thank you for your kind attention
Best regards,
HKBAV Secretariat
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