Base Salary Increase from July 1, 2026: How It Reshapes Your Total Employee Cost in Vietnam

Vietnam’s payroll landscape is about to shift again, and employers need to pay close attention. On May 15, 2026, the Government issued Decree No. 161/2026/ND-CP, officially raising the statutory base salary effective July 1, 2026. While much of the public conversation focuses on how employees benefit, business leaders, HR managers, and payroll teams must look…