Update news wages

Salary increases at multinational companies this year are expected to be marginally down from 2020 and rise slightly next year.

Only 24.5 percent of workers certified

According to a report of the Central Institute for Economic Management (CIEM), 24.5 percent of jobs in Vietnam were high-skilled as of 2020 while the remaining were low skilled ones.

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).

Higher labor productivity: pay rise

Business owners should be authorized to decide whether minimum wages are raised or not in the year that follows because it is only they who are able to determine whether labor productivity

Workers unhappy with jobs, wages

VietNamNet Bridge – About 34 per cent of labourers surveyed recently said they were not satisfied with their jobs or pay, a workshop on the subject was heard yesterday.

Pay rises depend on productivity

 VietNamNet Bridge – Bui Sy Loi, Deputy Head of the National Assembly's Social Affairs Committee, speaks to Ha Noi Moi (New Ha Noi) about salary reforms.

Ministry wants wages, bonuses at State-controlled firms tightened

 VietNamNet Bridge – The Ministry of Labor, Invalids and Social Affairs is gathering comments on a draft decree on enhancing management of employees, wages and bonuses at joint stock companies with majority State ownership.

Expert says incomes of local workers very low

VietNamNet Bridge – Wages of Vietnamese laborers have increased but have remained very low compared to other regional countries,

Rising wage for low-income civil servants

 VietNamNet Bridge – A government decree today announced an eight per cent increase in wages for government officials, public servants and members of the armed forces with a salary coefficient lower than 2.34.

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.

Rise in Asia's wages outpace rest of the world

 The Asia Pacific region has outperformed the rest of the world when it comes to wage growth, according to an International Labour Organisation (ILO) report.

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.

Minimum wage increase decision makes businesses dumbstruck

 VietNamNet Bridge – The National Wage Council has agreed to the plan on raising the regional minimum wage from 2014 by VND250,000-400,000, or 15-17 percent. This has caused a big headache to both businesses and workers.

State firms pay highest wages

 VietNamNet Bridge – The average incomes of company employees, especially those working for private-owned enterprises, remain low.

HCMC: Wages of bosses of SOEs 41 times higher than employees

While the average salary of seasonal workers is only VND5.4 million ($260) per month, that of the Director of HCM City Urban Drainage Company is over VND200 million ($10,000), totaling about VND2.6 billion ($130,000) a year.