27 Nov 2019
VIETNAM: New Minimum Monthly Wages for 2020 Announced
The country’s minimum monthly wage is set to increase by US$6.5-10 (depending on region) as of 1 January next year in line with the figures in the table below:
| Region | New Minimum Monthly Wage | Previous Minimum Monthly Wage | Amount of Increase |
| Region 1 (including the urban districts of Hanoi and Ho Chi Minh City) | VND4.42 million | VND4.18 million | VND240,000 |
| Region 2 (including the rural districts of Hanoi and Ho Chi Minh City) | VND3.92 million | VND3.71 million | VND210,000 |
| Region 3 (including many of the country’s provincial cities) | VND3.43 million | VND3.25 million | VND180,000 |
| Region 4 (including many of the country’s least-developed areas) | VND3.07 million | VND2.92 million | VND150,000 |
(US$1=VND23,200)
Overall, the average increase in the 2020 monthly minimum wage is slightly higher than the average rise for 2019, which saw the lowest average increase for 10 years.
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