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VIETNAM: Lowest Rise in Minimum Wage for 10 Years Announced for 2019

The lowest average increase in the minimum monthly wage for 10 years – 5.3% –  is to be rolled out across the country as of 1 January 2019. With wage bands tiered on a regional basis, this will see workers in the county’s largest urban centres benefit the most, while those in the more rural areas may only be earning just over half as much.

In Region One (which includes Hanoi and Ho Chi Minh City) workers will get an increase of VND200,000 (US$8.6), with the minimum wage raised to VND4.18 million. By contrast, workers in Region Four (which includes many of the country’s least developed areas) will see their wages go up by VND160,000, taking their average monthly wage to VND2.92 million.

Content provided by Picture: HKTDC Research
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