Minimum wage in Vietnam 2026: VND 3,700,000 to 5,310,000 a month

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Vietnam's top minimum wage is VND 5,310,000 a month in Region I from January 1, 2026, under Decree 293/2025/ND-CP, falling to VND 3,700,000 in Region IV. That is about $143 to $205 at the US Treasury rate of September 30, 2026 (VND 25,959 per dollar). Employer contributions add about 23.5%, so a Region I worker costs about VND 6,557,850 a month.

Vietnam's regional minimum wage is a monthly and hourly floor set by decree for each of four regions.

Minimum wage
VND 5,310,000a month
In US dollars
about $205a month
In force since
January 1, 2026
Next change
None announced
On this page

Which region applies

The government sets the rates on the National Wage Council's advice. Region I covers urban Hanoi, Ho Chi Minh City and similar areas. The rate follows the workplace, not the head office, and the 2025 province mergers redrew the map, so check the decree's annex for your hire's commune. Each region has a monthly rate and an hourly one; Region I's is VND 25,500 an hour, about $0.98.

Other minimum wage rates in Vietnam

RateAmountIn USDEffectiveSource
Region I hourlyVND 25,500 an hourabout $0.98January 1, 2026source
Region II monthlyVND 4,730,000 a monthabout $182January 1, 2026source
Region II hourlyVND 22,700 an hourabout $0.87January 1, 2026source
Region III monthlyVND 4,140,000 a monthabout $159January 1, 2026source
Region III hourlyVND 20,000 an hourabout $0.77January 1, 2026source
Region IV monthlyVND 3,700,000 a monthabout $143January 1, 2026source
Region IV hourlyVND 17,800 an hourabout $0.69January 1, 2026source

US dollar figures use exchange rates from the European Central Bank (Oct 16, 2026) and the US Treasury (quarter ended Sep 30, 2026), and move with the exchange rate.

The year in dong

A year in Region I is VND 63,720,000 (12 x 5,310,000), about $2,455; in Region IV it is VND 44,400,000. The 2026 rates are about 7% above 2025, and we had seen no 2027 decree on October 18, 2026. There is no statutory 13th month, though a Tet bonus is customary.

Insurance on a minimum-wage salary

Our research puts the employer share at 23.5% of insurable salary (21.5% insurance plus a 2% union fee), from secondary sources not yet checked against a government page. The regional minimum is also the insurance floor. On VND 5,310,000 that is VND 1,247,850 a month. Caps lower the share for senior staff; our Vietnam EOR guide shows 14.0% on a USD 40,000 salary. Wage employees averaged VND 10.0 million a month in early 2026 (see the average salary in Vietnam).

Hiring through an EOR

An employer of record can sign the labor contract for you. Fees run from $99 a month (Native Teams; its help center says EUR 99) to $699 (Oyster), checked October 2026. Deel's $599 is about VND 15.5 million, nearly three times the Region I floor. Compare EOR providers' fees and the employer cost index.

Nearby: Philippine minimum wages.

Frequently asked questions

What is the minimum wage in Vietnam in 2026?
VND 5,310,000 (Region I), 4,730,000 (II), 4,140,000 (III) and 3,700,000 (IV) a month from January 1, 2026, under Decree 293/2025/ND-CP.
What is Vietnam's minimum wage in US dollars?
About $143 to $205 a month at the US Treasury rate of September 30, 2026 (VND 25,959 per dollar).
What is the minimum wage in Ho Chi Minh City?
Its urban districts are Region I: VND 5,310,000 a month or VND 25,500 an hour from January 1, 2026 (Decree 293/2025/ND-CP).
How much did Vietnam's minimum wage rise for 2026?
About 7%, with Region I at VND 5,310,000 a month from January 1, 2026 (Decree 293/2025/ND-CP).
Sources (8)
  1. U.S. Department of the Treasury: Treasury Reporting Rates of Exchange (quarter ended Sep 30, 2026, checked Oct 18, 2026)
  2. Native Teams: Native Teams pricing (checked Oct 18, 2026)
  3. Oyster: Oyster pricing (checked Oct 16, 2026)
  4. Deel: Deel pricing (checked Oct 16, 2026)
  5. NSO Vietnam, press release Q2 and first half 2026: NSO Vietnam, press release Q2 and first half 2026 (checked October 18, 2026)
  6. ILO EPLex, Viet Nam 2026 profile (termination rules, used in countries.csv): ILO EPLex, Viet Nam 2026 profile (termination rules, used in countries.csv) (checked October 17, 2026)
  7. Can Tho City legal dissemination portal, Decree 293/2025/ND-CP regional minimum wage table: Can Tho City legal dissemination portal, Decree 293/2025/ND-CP regional minimum wage table (checked October 18, 2026)
  8. NSO press release, labour and employment Q2 2026 (PDF): NSO press release, labour and employment Q2 2026 (PDF) (checked October 18, 2026)

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