Minimum Wages in Vietnam increased to 4180 VND Thousand/Month in 2019 from 3980 VND Thousand/Month in 2018. Minimum Wages in Vietnam averaged 2554.17 VND Thousand/Month from 2008 until 2019, reaching an all time high of 4180 VND Thousand/Month in 2019 and a record low of 1000 VND Thousand/Month in 2008. source: Ministry of Labour, Vietnam

Minimum Wages in Vietnam is expected to be 4180.00 VND Thousand/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Minimum Wages is projected to trend around 4650.00 VND Thousand/Month in 2020, according to our econometric models.

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Vietnam Minimum Wages

Actual Previous Highest Lowest Dates Unit Frequency
4180.00 3980.00 4180.00 1000.00 2008 - 2019 VND Thousand/Month Yearly

Vietnam Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.15 2.17 4.50 1.81 percent [+]
Employed Persons 55.03 54.56 55.03 23.50 Million [+]
Unemployed Persons 1.10 1.10 2.30 0.80 Million [+]
Minimum Wages 4180.00 3980.00 4180.00 1000.00 VND Thousand/Month [+]
Population 96.48 95.39 96.48 34.74 Million [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Wages 5622.00 5788.00 5788.00 1399.00 VND Thousand/Month [+]
Wages High Skilled 10825600.00 10960700.00 11876600.00 10160800.00 VND/Month [+]
Wages In Manufacturing 5524.00 5760.00 5760.00 2871.00 VND Thousand/Month [+]
Wages Low Skilled 5372100.00 5040600.00 6981300.00 5040600.00 VND/Month [+]
Youth Unemployment Rate 6.31 6.53 7.86 5.09 percent [+]
Labor Force Participation Rate 76.60 76.70 77.50 76.40 percent [+]
Living Wage Family 7763600.00 7633800.00 8250400.00 7633800.00 VND/Month [+]
Living Wage Individual 4752300.00 4693900.00 5258200.00 4693900.00 VND/Month [+]