minimum wage

Update news minimum wage

Members of wage council at odds over minimum wage hike

 VietNamNet Bridge – Members of the National Wage Council at a meeting in Hanoi on August 5 did not agree on a new regional minimum wage rise next year.

Council fails to agree on wages

 VietNamNet Bridge – An increase in the regional minimum wage in 2016 has not yet been finalised because of differences over the margin of increase of the wage.

State-owned conglomerates disclose information about chairs’ salaries

VietNamNet Bridge - Some state-owned economic groups and general corporations have publicised their business performances, including managers’ incomes. 

Arguments continue over minimum wage and basic needs

VietNamNet Bridge - Government agencies cannot agree on a minimum wage, and continue to argue about whether the current minimum wage can cover the basic needs of workers.

Minimum wage to rise next year

 VietNamNet Bridge – Vu Tien Loc, chairman of the Viet Nam Chamber of Commerce and Industry, spoke to Thoi Bao Kinh Te (Vietnam Economic Times) about plans to increase the minimum wage in 2016.

Agencies still unable to solve minimum-wage issue

VietNamNet Bridge - Every year, the Ministry of Labor, War Invalids and Social Affairs (MOLISA) and relevant agencies discuss the minimum wage increase, but both businesses and workers have not seen benefits.

Minimum wage to go up 17 percent

 VietNamNet Bridge – The Viet Nam General Confederation of Labour (VGLC) has submitted plans to increase the minimum wage by 16-17 per cent in 2016 to the National Salary Council.

Minimum wages likely to grow 10% next year

 VietNamNet Bridge – The average minimum wage by region is projected to rise by just over 10% in 2016 thanks to projections of low inflation and lingering challenges for enterprises,

US fast food worker protests expand to 190 cities

 US fast food worker protests expanded to 190 cities on Thursday as the movement to raise the minimum wage in the US to $15 (£9.57) an hour reached a two-year anniversary.

Minimum wage to increase from January, 2015

 VietNamNet Bridge – Monthly minimum wages will increase to between VND2.15 and VND3.1 million for every employee nationwide from January 1, 2015, according to latest Government Decree.

The “ripple effect” of the new minimum-wage increase

 VietNamNet Bridge – Production costs are expected to increase sharply after the National Wage Council approved a plan to increase the regional minimum wage by 15.1 percent next year.

Experts discuss minimum wage increase

VietNamNet Bridge – The region-based minimum wage in Viet Nam would increase by 15.1 per cent starting next year under a proposal that the National Wage Council recently submitted to the Government.

BUSINESS IN BRIEF 21/8

 Mekong Delta farmers encouraged to grow GM maize; Tra fish distribution centre shaping at Belgian harbor; HCM City urges Dong Nai to build airport; Petrolimex bemoans low rate of return at 4.6%

Minimum wage to be inflation-adjusted

VietNamNet Bridge – The minimum salary by region will be revised based on the country’s consumer price index from 2018 as planned,

New minimum wage raises insurance and production costs, businesses complain

VietNamNet Bridge – This year’s minimum-wage hike has met opposition from many in the business community.

Minimum wage to increase to $150/month

 VietNamNet Bridge – The National Wages Council is about to submit to Prime Minister Nguyen Tan Dung a plan on minimum salary increase to begin next year.

Home vegetable gardening gains traction in Hanoi

Many people in Hanoi have started growing vegetables inside their homes as concerns about the additives on food products grow among the population.

U.S. visa processing slower than usual

The U.S. visa processing is being tardy due to technical problems affecting operations globally, so those planning to enter the U.S. are advised to postpone final travel arrangements until they obtain a visa.

Workers apathetic about wage hike

 VietNamNet Bridge – Workers are showing apathy toward the Vietnam National Wage Council’s effort to seek public opinion on how much the minimum wage should be increased by in 2015 due to it likely having little impact on their socio-economic status.

Germany approves first-ever national minimum wage

 The German parliament has approved the country's first minimum wage, in a vote in the Bundestag on Thursday.