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minimum wage

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Workers, businesses lock horns over minimum wage hike

Workers, businesses lock horns over minimum wage hike

Workers expect a minimum wage increase next year to cover the rising cost of living, but businesses are looking to delay the hike amid economic challenges and order shortages.
Worker expenses surpass income by 50%

Worker expenses surpass income by 50%

An average worker earned VND7.9 million ($333) but spent VND11.7 million per month in the second quarter this year, and many of them had to borrow to cover basic expenses, a survey has found.
August 9, 2023 | 03:00 am PT
Laos raises minimum wage for workers

Laos raises minimum wage for workers

The Lao Government has decided to raise the monthly minimum wage from LAK1.2 million (nearly US$70) to LAK1.3 million starting on May 1 to ease difficulties facing workers amid soaring inflation and economic uncertainties.
April 27, 2023 | 01:23 am PT
Nidec Servo Vietnam, workers disagree on wage hike

Nidec Servo Vietnam, workers disagree on wage hike

Nidec Servo Vietnam, a HCMC unit of Japanese motor manufacturer Nidec Servo, and its workers are in disagreement over salary hikes.
August 30, 2022 | 02:14 am PT
Not enough: minimum wage increase cannot meet real needs

Not enough: minimum wage increase cannot meet real needs

An increase in minimum wage will not by itself help workers, many of whom cannot survive without borrowing money and even pawning personal documents like ID cards.
June 17, 2022 | 09:00 pm PT
Workers' strikes increase as businesses seek to delay wage hike

Workers' strikes increase as businesses seek to delay wage hike

Wildcat strikes by workers increased by 40 percent in the first quarter compared to the same period last year, according to the Vietnam General Confederation of Labor.
April 26, 2022 | 11:50 pm PT
Factories raise wages amid increasing cost of living

Factories raise wages amid increasing cost of living

Factories in HCMC and neighboring Binh Duong Province have raised workers’ wages to help them cope with the rising cost of living.
April 25, 2022 | 06:25 am PT
Minimum wage hike worries pandemic harassed businesses

Minimum wage hike worries pandemic harassed businesses

A 6 percent increase in minimum wage starting this July is a timely boost for workers after two years with no raise, but businesses are nervous about its financial impacts.
April 20, 2022 | 11:00 pm PT
Independent agency should assess, quantify minimum living standards: experts

Independent agency should assess, quantify minimum living standards: experts

The current calculation of minimum living standards on which the nation's minimum wage is based is not appropriate. Officials and experts agree this should be done by an independent agency.
April 11, 2022 | 05:00 am PT
Minimum wage hike: workers eager, employers not so much

Minimum wage hike: workers eager, employers not so much

Workers are eagerly awaiting the minimum wage hike, expected to be done either in July or at the beginning of next year, but employers fear the imminent financial burden.
April 8, 2022 | 05:36 am PT
Vietnam unable to match minimum wages with living standards

Vietnam unable to match minimum wages with living standards

The minimum wage - minimum living standard gap has been widening for years, but there is no solution in sight as workers struggle to make ends meet.
March 21, 2022 | 05:56 am PT
Vietnam to raise minimum wage by 5.5 percent in 2020

Vietnam to raise minimum wage by 5.5 percent in 2020

The National Wage Council has arrived at a 5.5 percent minimum wage increase next year after labor and business representatives reached a consensus.
July 11, 2019 | 10:41 pm PT
Vietnam labor federation wants minimum wage raised 8 pct

Vietnam labor federation wants minimum wage raised 8 pct

Vietnam General Confederation of Labor proposed an 8.18 percent increase in minimum wages while VCCI, which represents employers, suggested 2 percent.
June 15, 2019 | 01:35 am PT
Vietnam to up minimum wage by 5.3 pct in 2019

Vietnam to up minimum wage by 5.3 pct in 2019

Vietnam will raise the minimum monthly wage by VND160,000-200,000 ($6.86-8.58) depending on the region from January 1, 2019.
December 14, 2018 | 12:53 am PT
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