Update news minimum wage
The HCM City People’s Council at a recent meeting discussed additional income for state officers so they feel more secure at work.
National Assembly deputies, noting that low monthly salaries are eroding the integrity and dignity of some civil servants, have urged an increase in the minimum wage.
The new regional minimum wages, which have been agreed by members of the National Wage Council, will be effective on July 1, 2022.
The Vietnam Labor Federation has asked to increase the minimum wage from July 1, 2022, earlier than scheduled.
In addition to recommending against an increase in wages this year, many experts and businesses have also opposed proposals to change the timing of regional minimum wage changes from January 1 to July
The highest Tet bonus workers this year is VND1.07 billion, or over $41,000. The highest pay in 2020 was VND516 million a month.
Vietnamese authorities have improved the legal framework, stepped up communication measures and promoted international co-operation to ensure labourers enjoy better rights when working abroad under contracts, a conference has heard.
The body that represents workers' rights in Vietnam is calling on the Government to increase minimum wage as the country's economy begins to show positive signs of recovery.
The highest bonus for the lunar New Year in HCM City or Tet holiday is expected to be more than VND1 billion (USD43,478), meanwhile the figure for the New Year is VND990 million (USD42,251).
The labour ministry has proposed the Government delay increasing minimum wage next year due to economic hardship caused by the COVID-19 pandemic.
The National Assembly’s Finance and Budget Committee has agreed not to adjust the minimum wage in 2021 and has warned about the pressure on public debt payment.
Cambodia has decided to raise the minimum wage for workers in the textiles and footwear industries to 190 USD per month, an increase of 4.4 percent, from next year.
According to the World Bank, Vietnam has had the sharpest minimum wage increase in the region, a 14 percent rise in the 2014-2016 period.
Starting next year, minimum wage in the private sector will increase by 5.5 per cent after three-party negotiations between representatives of the State, employers and employees ended yesterday.