[INSURANCE] ANNOUNCEMENT OF GENERAL MINIMUM WAGE ADJUSTMENT STARTED FROM JULY 2019

[INSURANCE] ANNOUNCEMENT OF GENERAL MINIMUM WAGE ADJUSTMENT STARTED FROM JULY 2019

Pursuant to Decree No. 38/2019/ ND-CP, from July 01, 2019, the General Minimum Wage (GMW) will be officially increased from VND 1,390,000/ month to VND 1,490,000/ month (increasing 100,000 VND / month). Accordingly, with the increased GMW, the cap for Social insurance, Health insurance and Maternity allowance (in addition to 6 months of benefit) is as follows: The cap for social insurance, health insurance (old) […]

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[INSURANCE] ANNOUNCEMENT OF GENERAL MINIMUM WAGE ADJUSTMENT STARTED FROM JULY 2018

[INSURANCE] ANNOUNCEMENT OF GENERAL MINIMUM WAGE ADJUSTMENT STARTED FROM JULY 2018

Pursuant to Decree No. 72/2018/ ND-CP, from July 01, 2018, the General Minimum Wage (GMW) will be officially increased from VND 1,300,000/ month to VND 1,390,000/ month (increasing 90,000 VND / month). Accordingly, with the increased GMW, the cap for Social insurance, Health insurance and Maternity allowance (in addition to 6 months of benefit) is as follows: The cap for social insurance, health insurance (old) […]

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