Government boosts basic salary 30% and minimum salaries 6% in July 2024

02 July, 2024

On 30 June, the Government issued Decree 73/2024/ND-CP on new basic salary and Decree 74/2024/ND-CP on new minimum salaries which will come into effect from 1 July 2024.

Capped salaries for calculation of social insurance, health insurance and unemployment insurance contributions will increase accordingly.

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Richard J. Irwin

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