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Government requires full salary, bonus for workers

The Government requires enterprises to give sufficient salaries and year-end bonuses to workers, and have policies to encourage workers to return to work after the Tet (Lunar New Year) holiday.

US$2.4 billion ready for nationwide salary raise

A move to increase the base salary for civil servants is necessary to raise the standard of living conditions for Vietnamese people.

Base salary agreed to be raised to VND1.8 million per month

The Government proposes that the NA will not implement salary reform under Resolution No.27-NQ/TW in 2023, but from July 1, 2023, the base salary for officials, civil servants, and public officials will be raised to the level of VND1.8 million/month.

Salary of VN’s bank presidents is over VND200 million/month

Despite the Covid-19 pandemic, the total remuneration for chairmen of many local banks in the first half of 2021 was over VND200 million (over $9,000) per month, higher than the same period of last year.

Workers organisation calls for increase in minimum wage

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.

Average income of workers jumps 35% over last five years

Average income of Vietnamese workers surged by 35% in 2016-2020 period, according to the Viet Nam General Confederation of Labor (VGCL).

It’s necessary to not increase basic salary for civil servants in 2021: expert

Associate Professor Dinh Trong Thinh, a senior lecture of the Academy of Finance speaks about the Government’s proposal to not increase the monthly basic salary for civil servants and public employees next year.

Salary increases in 2020 lowest in 10 years: survey

Salaries increased by 6.5% this year at multinational companies (MNCs) and 5.2% at Vietnamese companies, and are forecast to increase by 7 per cent and 7.7% next year, according to the Talentnet – Mercer Total Remuneration Survey.

Minimum wage proposed to remain unchanged in 2021

The National Wage Council has advised the Government to keep the minimum wage unchanged until the end of 2021 instead of raising it as planned.

In Vietnam, the banking sector has the highest salary

According to audited financial reports 2018 from 20 Vietnamese banks, the average monthly income of banking employees in 2018 were VND12.37 million-34 million (USD521.73-1,478).

 

Labor Ministry projects monthly salary of $3,000 for SOE chairs, CEOs

The monthly salary offered to chairs and CEO of state-owned enterprises (SOEs) has been described as ‘too low’ compared with the managers of private enterprises. However, many workers still compete for the posts.

How much do experienced IT employees earn?

VietNamNet Bridge - Reports show that the Vietnamese brain drain is affecting employers and businesses.

IT firms mull salary rises to retain employees

 VietNamNet Bridge – Many enterprises in the information technology sector plan wage hikes to retain their employees, particularly talents,

Wage negotiations key to raising salaries for workers

 As workers struggle to make ends meet, Deputy Minister of Labour, Invalids and Social Affairs Pham Minh Huan talks to Thoi bao Ngan Hang (Banking Times) about how employers keep salaries low.

Ministry publicizes wages of leaders of state-owned corporations

 VietNamNet Bridge - For the first time, the Ministry of Trade and Industry made public the salary of 120 high-ranking officials at 11 state-owned corporations in 2013.

Health Ministry warns of unpredictable diseases in summer

The Health Ministry has warned of unpredictable development of diseases and epidemics during the hot summer and urged prompt preventive measures.

Vietnam execs well-paid despite poor performance

 VietNamNet Bridge – Though Vietnamese businesses are experiencing the toughest days in their histories due to the economic downturn, their CEOs still “live well” with surprisingly high incomes.

Domestic helpers earn higher pay than bachelors

 VietNamNet Bridge – At present, the salary of domestic helpers is about VND3 million ($150) per month, while newly graduated bachelors receive only about VND2 million ($100).

SOEs’ managers pocket big money and keep complaining about difficulties

 VietNamNet Bridge – The managers of the state owned air carriers, power, petroleum and food corporations still can receive VND1 billion a year despite the bad business performance.

Despite difficulties, bank workers still have highest incomes

Those who work for big banks like Military Bank or Vietinbank, can get toweringly high pay, but they have to work very hard. Meanwhile, those, who work for smaller banks, still can earn VND8 million a month at least, despite the low productivity.