Regional minimum wage to increase by 5.3% in 2019
The 2019 regional minimum wage will be increased by 5.3% on average, equivalent to between VND160,000 (US$6.88) and VND200,000 (US$8.6) depending on each region, the lowest wage increase level so far.
The 2019 regional minimum wage will be increased by 5.3% on average. (Photo: VN+)
The aforementioned wage adjustment was agreed upon by all of the 15 members of the National Wage Council during the third meeting, held by the council to discuss the issue in Hai Phong city on August 13.
The meeting took place under the chair of Deputy Minister of Labour, Invalids and Social Affairs cum Chairman of the National Wage Council, Doan Mau Diep, with the presence of representatives from the Vietnam Chamber of Commerce and Industry (VCCI), which represents businesses, and the Vietnam General Confederation of Labour (VGCL), which represents labourers.
According to the meeting’s results, the regional minimum wage will rise to VND4.18 million per month (roughly US$180) for Region I, up VND200,000; VND3.71 million (around US$160) for Region II, up VND180,000; VND3.25 million (approximately US$140) for Region III, up VND160,000; and VND2.92 million (US$125.5) for Region IV, up VND160,000.
The solution of a 5.3% regional minimum wage increase will be submitted to the Government by the National Wage Council in order to decide the wage increase level for 2019.
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