Wages in Vietnam decreased to 6340 VND Thousand/Month in the second quarter of 2020 from 7199 VND Thousand/Month in the first quarter of 2020. source: General Statistics Office of Vietnam

Wages in Vietnam averaged 4680.39 VND Thousand/Month from 2007 until 2020, reaching an all time high of 7199 VND Thousand/Month in the first quarter of 2020 and a record low of 1399 VND Thousand/Month in the fourth quarter of 2007. This page provides - Vietnam Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Vietnam Average Monthly Wages - values, historical data and charts - was last updated on July of 2021.

Wages in Vietnam is expected to be 7400.00 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 7150.00 in 12 months time. In the long-term, the Vietnam Average Monthly Wages is projected to trend around 7340.00 VND Thousand/Month in 2022 and 7550.00 VND Thousand/Month in 2023, according to our econometric models.

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Vietnam Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
6340.00 7199.00 7199.00 1399.00 2007 - 2020 VND Thousand/Month Quarterly

Vietnam Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.62 2.42 4.50 1.81 percent [+]
Employed Persons 53.15 55.33 55.33 23.50 Million [+]
Unemployed Persons 1.10 1.10 2.30 0.80 Million [+]
Minimum Wages 4420.00 4420.00 4420.00 1000.00 VND Thousand/Month [+]
Population 97.58 96.48 97.58 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 6340.00 7199.00 7199.00 1399.00 VND Thousand/Month [+]
Wages In Manufacturing 6154.00 7126.00 7126.00 2871.00 VND Thousand/Month [+]
Youth Unemployment Rate 7.47 7.44 7.86 5.09 percent [+]
Labor Force Participation Rate 68.50 68.70 77.50 67.20 percent [+]