The Vietnam General Confederation of Labour has proposed a 7 per cent increase in minimum wages from July 1, but many insiders gave thumbs down to the proposal.
On June 23, 2015, the Ministry of Labour, Invalids
and Social Affairs promulgated Circular No 23/2015/TT-BLDTBXH (Circular
23) stipulating a number of articles on wages of Decree No
49/2013/ND-CP. The circular came into effect on August 8, 2015.
Paying wages to employees is one of the most basic obligations of the
employer. However in principle, the different forms of wage payment as
well as payroll calculation methods still often confuse enterprises.
