Preview - Please log in to view full article.

Article Date: April 2022
Word Count: 153

Vietnam Sets First Minimum Wage Increase in Two Years


Vietnamese officials announced a 6% minimum wage hike is set for July, pending final approval from the prime minister, in a bid to help fight pandemic impacts on workers. The uptick would put the monthly minimum wage in the range of VND 3.25 million to VND 4.68 million, or $142 to $204 monthly. Business leaders said in a statement that firms will look to boost productivity to help fund the increase, Reuters reported. The move comes as ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.