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The southern province of Binh Duong has already achieved over 78 percent of this year’s foreign direct investment (FDI) target with almost US$1.1 billion, its People’s Committee announced. It included more than $730 million in 113 new projects and $367 million in 64 existing ones.

The Ministry of Labor, Invalids and Social Affairs of Vietnam (MoLisa) is drafting a decree amending and supplementing some articles of Decree No. 49/2013 /ND-CP dated May 14, 2013 by the Government detailing the implementation of some articles of the Labor Code on wages. In particular, the MoLisa proposes new regulations on the principles of building wage scales, and payroll. Specifically, according to Decree No. 49/2013/ND-CP, multiples of the salary scale is the difference between the salary of the job or the position with the highest technical requirements compared with the salary of the job or the positions with the lowest technical requirements, the number of steps in the salary scale and payroll depends on the complexity of the management, work level or position required. The gap between the two consecutive wage grades must ensure that employees are encouraged to improve their professional and technical skills, experience and talents, but at least 5%.

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