The wage change was reached at the second debate of the National Wage Council held in Hanoi on July 11, which discussed options for adjusting regional minimum wages in 2020.

. With a hike of 5.5%, the new wages are expected to meet 100% of the minimum standards of living.

At the first debate of the National Wage Council held in June, the proposals on wage hikes from representatives of employees and employers were quite different. The Vietnam General Confederation of Labour (VGCL), which represents employees, suggested the highest rise, at 8.18%, while the Vietnam Chamber of Commerce and Industry (VCCI), representing employers, proposed a small increase of below 3%.

With a rise of 5.5%, the regional monthly minimum wages of four different regions in Vietnam will be raised in 2020; from VND4.18 million to VND4.42 million (up VND240,000) for region 1, from VND3.71 million to VND3.92 million (up VND210,000) for region 2, from VND3.25 million to VND3.43 million (up VND180,000) for region 3, and from VND2.92 million to VND3.07 million (up VND150,000) for region 4.

According to the VGCL, the current minimum wages have met over 95% of the minimum living standards of workers and their families. With a hike of 5.5%, the new wages are expected to meet 100% of the minimum standards of living.

After 2020, the National Wage Council will continue to convene on adjusting minimum wages depending on living standards of workers and other indicators.

Regional minimum wages have been increased for three consecutive years, with a hike of 7.3% in 2017, 6.5% in 2018 and 5.3% in 2019.

Monthly basic wage to be raised to 1.49 million VND on July 1, 2019

 

Regional minimum wage to increase by 5.3% in 2019

The 2019 regional minimum wage will be increased by 5.3% on average, equivalent to between VND160,000 (US$6.88) and VND200,000 (US$8.6) depending on each region, the lowest wage increase level so far.

Provincial leader urges to timely detect enterprises in debt of labors’ salary and social insurance to protect their rights

(BGO) – On July 2, Vice Chairman of the Bac Giang provincial People’s Committee (PPC) Le Anh Duong chaired a meeting to discuss the solution to protect the labors’ rights in the enterprises which encounter difficulties in production or hire the factory and owe the salary, social insurance and other benefits.

Civil servants’ base salary to increase in July

The monthly basic salary for civil servants, public employees and those working in the armed forces will increase to 1.49 million VND (63.9 USD) from 1.39 million VND (59.6 USD) as of July 1, 2019.

Basic salary for public employees to increase as of July 1

The basic salary applied to civil servants, public employees and the armed forces will rise from VND1.3 million to VND1.39 million per month as of July 1, 2018, according to Decree No.72/2018/NĐ-CP recently issued by the Government.

Source: NDO