Minimum regional wage to rise 5.5% in 2020
(VOVWORLD) - Vietnam’s minimum regional wage will increase 5.5% starting next year, as a result of negotiations between representatives of the State, employers and employees which ended Thursday.
 The National Wage Council convenes a meeting on July 11, 2019 to discuss proposals on minimum wage hike in each region. (Photo: tuoitre.vn) |
Doan Mau Diep, Deputy Minister of Labor, Invalids, and Social Affairs and President of the National Wage Council, said: “Living standards should improve along with national development. The wage increase will support a minimum living standard for workers. When workers get higher wages, they can buy better social insurance and their pension will be higher in the future.’
Vietnam is divided into four regions of varying economic development.