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 … [Read more...] about Regional minimum wage to increase by 5.3% in 2019
Minimum wage increase
Minimum wage hike proposal courts controversy
Minimum wage hike proposal courts controversyBy Thuy Dung An unidentified person counts Vietnamese banknotes. The region-based minimum wage hike proposed for next year is still a hot button topic for debate – PHOTO: TL HANOI - The region-based minimum wage hike proposed for next year is still a hot button topic for debate as employers and employees have yet to come to an agreement, according to Tong Thi Minh, a member of the National Wage Council. At the second meeting on minimum wages in 2019, held by the National Wage Council in Hanoi today, July 26, Minh, who is also the director of the Department of Labor and Salary under the Ministry of Labor, Invalids and Social Affairs, said that the Vietnam General Confederation of Labor (VGCL), operating on behalf of employees, stands firm on its proposal to increase the region-based minimum wage next year by 8% due to the country’s economic development. Enterprises have agreed to a minimum wage increase but have yet to … [Read more...] about Minimum wage hike proposal courts controversy
Debate erupts over minimum wage increase
Debate erupts over minimum wage increase, Graph: Huy Pham The National Wage Council last week convened the Vietnam Chamber of Commerce and Industry (VCCI) representing employers, the Vietnam General Confederation of Labour (VGCL) representing employees, and a leader of the Ministry of Labour, Invalids, and Social Affairs (MoLISA) representing the government for the first round of negotiations on an increase in the regional minimum wage for private firm employees in 2019. The VGCL proposed that the wage be raised by 7.5-8 per cent next year, meaning an additional VND220,000-330,000 ($9.77-14.66) per month on average, which could help employees meet about 95.4 per cent of their basic living standards. This proposal was made based on the VGCL’s recent survey on the livelihoods of about 30,000 workers in 150 domestic and foreign firms in Vietnam, whose current wage levels can meet 90-92 per cent of their basic living standards. “The 8-per-cent rise has been thoroughly … [Read more...] about Debate erupts over minimum wage increase
Regional minimum wage may increase by 8 per cent in 2019
As usual, increasing the regional minimum wage in early 2019 is a topic of heated debate between authorities and representatives for employers and employees. The National Salary Council once again sees great debates around the minimum wage increase On July 9, the National Salary Council organised a meeting to discuss increasing the regional minimum wages for 2019. During the meeting, two option streams for the wage were recommended, including an increase of 8 per cent and halt to increase the regional minimum wage. Notably, the Vietnam General Confederation of Labour (VGCL) proposed increasing the regional minimum wage by 8 per cent, equalling VND220,000-330,000 ($9.55-14.32) per month, for 2019. Vu Quang Tho, director of the Institute of Workers and Trade Unions, a member of VGCL, said that the offered figure is calculated based on price fluctuations, labour productivity growth, the difference between the minimum wage and the minimum living needs. Tho added that according to … [Read more...] about Regional minimum wage may increase by 8 per cent in 2019
2019 regional minimum wage discussed
The National Wage Council yesterday opened its first meeting of the year, discussing the regional minimum wage change to be applied next year. (Photo vnexpress.net) Hanoi (VNA) - The National Wage Council convened its first meeting of the year in Hanoi on July 9, discussing the regional minimum wage increase for next year. The change will affect about ten million people who are working with labour contracts in non-State enterprises. At the meeting, the Vietnam General Confederation of Labour (VGCL), which represents employees, proposed an increase of 8 percent in the regional minimum salary while the Vietnam Chamber of Commerce and Industry, reprsentating businesses, asked for the wage to remain unchanged in 2019. Addressing the event, Deputy Minister of Labour, Invalid and Social Affairs cum Chairman of the council Doan Mau Diep said that according to Resolution 27-NQ/TW on salary reform that the Communist Party of Vietnam Central Committee issued in May 2018, the … [Read more...] about 2019 regional minimum wage discussed