Decree 399/2026/NĐ-CP, effective 1 January 2027, sets monthly minimum wages for employees on labour contracts at VND 5.7 million in Region I, VND 5.08 million in Region II, VND 4.45 million in Region III and VND 4.04 million in Region IV. Employers must review labour contracts, collective labour agreements and internal regulations and adjust them accordingly, and may not abolish or reduce pay entitlements for overtime, night work or in-kind meal allowances. Existing agreements that are more favourable to workers, such as pay for jobs requiring training at least 7% above the minimum wage or arduous, hazardous work at least 5% higher, continue to apply unless the parties agree otherwise. Pay under weekly, daily, piece-rate or contract arrangements, when converted to monthly or hourly terms, also cannot fall below the corresponding minimum.
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Original headline: Từ 1/1/2027 tăng lương tối thiểu vùng, doanh nghiệp không được cắt phụ cấp của người lao động để bù vào lương
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Related tickers and likely impact
VNINDEX
• NeutralRelevance: low
| Market | Vietnam stocks |
|---|---|
| Close on 11/03/2026 | 1,699.62 |
| Change that session | -0.65% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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Decree No. 399/2026/NĐ-CP sets minimum wages for employees working under labour contracts and lists the localities applying them from January 1, 2027, compared with Decree No. 293/2025/NĐ-CP dated November 10, 2025. The monthly minimum wage rises by 310,000 to 390,000 dong. The hourly minimum wage rises from 25,500 to 27,400 dong per hour in Region I, from 22,700 to 24,400 dong in Region II, from 20,000 to 21,400 dong in Region III and from 17,800 to 19,400 dong in Region IV. Employers apply the minimum wage of the locality where each unit operates, while those operating in industrial parks, export processing zones, high-tech zones and similar areas spanning localities with different rates apply the highest rate.
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Decree 399/2026/NĐ-CP, signed by Deputy Prime Minister Phạm Thị Thanh Trà, sets regional minimum wages for employees under labor contracts, effective 1 January 2027 and replacing Decree 293/2025/NĐ-CP. Monthly minimum wages are VND 5,700,000 in Region I (VND 27,400 per hour), VND 5,080,000 in Region II (VND 24,400), VND 4,450,000 in Region III (VND 21,400) and VND 4,040,000 in Region IV (VND 19,400). The applicable region is based on where the employer operates, and branches in different regions apply their own region's rate. The minimum is the floor for wage agreements, and pay calculated by week, day, piece or contract cannot fall below the equivalent rate. Employers must review contracts and internal rules so that overtime, night work and other legally required pay entitlements are not removed or reduced.
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Sen. Ruben Gallego, D-Arizona, proposed raising the federal minimum wage from $7.25 to $20 an hour by 2030, in phases starting in 2027, as part of a 32-page middle-class jobs plan. The Employment Policies Institute, a conservative nonprofit, estimates the plan would cut 2.3 million jobs nationally. Critics including the Arizona Chamber of Commerce & Industry and the Goldwater Institute argue the increase would hurt entry-level workers and that skills, housing and childcare would be better priorities. The plan also aims to triple union membership by 2035, while Arizona's unionized employee rate was 4.1% in 2025. Arizona's own minimum wage is $15.15 an hour.
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