VINACHEM

The Government issued Decree 74/2024/ND-CP dated June 30, 2024 providing for regional minimum wage, applicable from July 1, 2024.

This is part of the Government's Decree 73/2024/ND-CP (Decree 73), dated June 30 in a bid to improve the lives of public workers.

Ten groups of beneficiaries
Decree 73 stipulates ten groups of beneficiaries as follows:

1.Cadres and civil servants defined in Clause 1 and Clause 2, Article 4 of the Law on Cadres and Civil Servants;

2. Commune-level cadres and civil servants defined in Clause 3, Article 4 of the Law on Cadres and Civil Servants;

3. Public employees in public non-business units stipulated in the Law on Public Employees;

4. Employees working under employment contracts defined in Decree 111/2022/ND-CP on contracts for some types of work in administrative agencies and public non-business units

5. People working in the staff quota in associations supported by the State budget for operating expenses specified in Decree 45/2010/ND-CP on organization, operation and management of associations;

6. Officers, professional soldiers, non-commissioned officers, soldiers, workers, defense officers and contract workers of the Viet Nam People's Army

7. Officers, non-commissioned officers on salary, non-commissioned officers, conscripts, and public security workers of the People's Public Security.

8. People working in cipher organizations;

9. Non-commissioned officers and soldiers of the Viet Nam People's Army; non-commissioned officers and soldiers of the People's Public Security;

10. Part-time workers at communes, villages, and residential groups.

The Government has allocated around VND680 trillion for the new salary, social insurance benefit, and allowance hikes, Deputy Prime Minister Le Minh Khai told legislators last week.

The Ministry of Finance estimated if these policies are implemented between 2024 and 2026, total funding would reach VND913.3 trillion. This means the Government will need to ensure thare are sufficient resources./.    – Source: VGP –