Under the 2012 Labour Code, the tripartite mechanism in the wage policy, particularly the minimum wage through activities of the National Wage Council, has contributed to a big change in setting the regional minimum wage which is based on the market. According to the Labour Code, the minimum wage includes the minimum wage for each region and minimum wage according to the type of job. The region’s minimum wage is decided by the government based on the recommendation of the National Wage Council while the minimum wage per job is decided by collective bargaining in that sector. But that minimum wage must not be lower than that of the region’s minimum wage. During the recent tripartite meeting to adjust the minimum wage, all participants tried to embed the idea of calculating the minimum wage according to working hours.

Source: Viet Nam News August 24, 2016 02:02 UTC