Xinhua
21 Dec 2023, 07:25 GMT+10
HANOI, Dec. 21 (Xinhua) -- Vietnam will lift regional minimum salary for laborers by 6 percent next year, local media reported on Wednesday.
The National Wage Council gave the green light to the increase and will submit it to the government for approval. If approved, the regional minimum wage increase will take effect on July 1, 2024.
According to the latest decision of Vietnam's National Wage Council, minimum salary for workers in Region I, urban areas of Hanoi and Ho Chi Minh City, is set to rise to 4.96 million Vietnamese dong (204 U.S. dollars) a month, while that in Region II, rural areas of the two cities along with major urban areas in the country like Can Tho, Da Nang and Hai Phong, is set to increase to 4.41 million dong (181 dollars).
Minimum salary for workers in Region III, cities and districts of northern Bac Ninh, Bac Giang and Hai Duong provinces, is poised to climb up to 3.86 million dong (158 dollars), and that in Region IV, the rest of Vietnam, is poised to rise to 3.45 million dong (141 dollars).
Le Van Thanh, deputy minister of labor, invalids and social affairs, said the increase showed difficulty sharing between enterprises and laborers.
The wage increase plan has been evaluated based on economic difficulties, world fluctuations and complex trade barriers. The council has also taken into consideration the difficult circumstances of workers in recent times due to fluctuations in prices and businesses lacking orders, he said.
Vietnam increased regional minimum salary by 7.3 percent, 6.5 percent, 5.3 percent and 6 percent in 2017, 2018, 2019 and 2022, respectively.
Get a daily dose of Cambodian Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Cambodian Times.
More InformationNEW YORK, New York - The head of the International Atomic Energy Agency (IAEA) says it is deeply concerning that Israel is carrying...
TEL AVIV, Israel - Israel has suffered casualties as Iran fights back from the Jewish state's unprecedented unilateral attacks which...
WEST JERUSALEM, Israel - The Israel Air Force has launched a pre-emptive Pearl Harbour style air raid over Iran, dropping bombs over...
NEW DELHI, India - The world is in shock following Thursday's devastating plane crash in India which has killed at least 290 people,...
WASHINGTON, D.C.: The United States has placed sanctions on two sons of jailed Mexican drug lord Joaquin El Chapo Guzman. These two...
LONDON, UK: Frederick Forsyth, the renowned British author behind The Day of the Jackal and numerous other bestselling thrillers, has...
Mumbai (Maharashtra) [India], June 15 (ANI): The wait for Season 1 of the Rugby Premier League (RPL) is finally ove. Fast, physical,...
New Delhi [India], June 15 (ANI): Delhi and District Cricket Association (DDCA) Director Shyam Sunder Sharma lavished praise on the...
New Delhi [India], June 15 (ANI): Former India cricketer Shikhar Dhawan, in a heartfelt post, wished himself on the occasion of Father's...
New Delhi [India], June 15 (ANI): Former cricketer Surinder Khanna expects India to 'do well' under Shubman Gill's newly established...
Florida [US], June 15 (ANI): Inter Miami and Al Ahly kicked off FIFA's Club World Cup with a goalless stalemate in front of a healthy...
London [UK], June 15 (ANI): South Africa's first ICC title since 1998, breaking the 28-year-long jinx, a 5-wicket triumph in the World...