Writing salaries in US dollars on work contracts allowed

07-Jan-2007 Intellasia | 5-JUL-2004 Lao Dong Page 2 | 2:21 PM Print This Post

Under Official Letter 2088/LDTBXH-TL dated June 30 by the Ministry of Labour, War Invalids, Social Affairs, for Vietnamese workers, at present there is no specific regulation on writing salaries in the US dollar or the Vietnamese dong on work contracts. Therefore, writing salaries in the US dollar or the dong in work contracts is agreed by the both sides [employers and employees]. However, if the salary is written in the US dollar in the work contract, this US dollar salary must be converted into dong when paying workers.

[Official Letter 2088/LDTBXH-TL dated June 30]

[Intellasia Legal Digest]

 


Category: Legal

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