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The Vietnam News

[Year 1997]
[Year 1998]
[Year 1999]
[Year 2000]
[Year 2001]

Regulation on salaries for Vietnamese working for foreign companies

The minimum salaries in accordance with titles applied for Vietnamese experts and labourers working in the form of contract for foreign contractors who win tenders in Vietnam are: senior engineer, US $1,000 per month; main engineer, US $700 per month; engineer, US $500; interpreter, US $400 per month; technician, US $350 per month; secretary, US $250 per month and office staff and typist, US $200 per month.

These are stipulated in a decision made by the Ministry of Labour, War Invalids and Social Affairs on salaries of Vietnamese experts and labourers working under the form of contract for foreign contractors who win contracts in Vietnam. These salaries do not include 15% of social insurance and 2% of health insurance which the employers are responsible to pay for their employees under the Code of Labour. The salaries will be paid in Vietnamese dong in accordance with the average exchange rate in the Inter-bank foreign currency market announced by the State Bank of Vietnam at the time of payment.

The decision will come into effect on October 21, 2000.

Nhan Dan - October 14, 2000.