Wages in Vietnam decreased to 5622 VND Thousand/Month in the second quarter of 2018 from 5788 VND Thousand/Month in the first quarter of 2018. Wages in Vietnam averaged 4232.55 VND Thousand/Month from 2007 until 2018, reaching an all time high of 5788 VND Thousand/Month in the first quarter of 2018 and a record low of 1399 VND Thousand/Month in the fourth quarter of 2007. source: General Statistics Office of Vietnam

Wages in Vietnam is expected to be 5800.00 VND Thousand/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Vietnam to stand at 6200.00 in 12 months time. In the long-term, the Vietnam Average Monthly Wages is projected to trend around 6800.00 VND Thousand/Month in 2020, according to our econometric models.

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Vietnam Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
5622.00 5788.00 5788.00 1399.00 2007 - 2018 VND Thousand/Month Quarterly

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 [+]