New minimum wage increase proposed in Vietnam

TN News

Email Print

Vietnam's labor ministry has submitted a plan to increase local minimum wages, which, if approved, will be the first time ever the country has adjusted the rate twice in one year.

Under the plan submitted Tuesday, the new minimum wages would be between VND1.4-2 million (US67.4-96.3) per month. The wages would vary by region, and the plan would take effect this October 1, if approved.

Current minimum wages, which were last adjusted on January 1, are between VND830,000-1.35 million ($39.9-65) per month.

More Politics News