In accordance with the Resolution No. 27/2016/QH14 promulgated by Vietnamese National Assembly on 11 November 2016, the common Minimum Salary shall increase from VND 1,210,000/month to VND 1,300,000/ month from 01 July 2017.
Accordingly, the maximum base salary for compulsory social - health insurance and trade union contribution (which is equal to 20 times of common minimum salary) shall increase from VND 24,200,000/month to VND 26,000,000/ month from July 2017.