Vietnam workers want higher minimum wage

seafood-factoryVietnam’s sole national trade union, the Vietnam General Federation of Labour, has said it wants the minimum wage in the country hiked by a third in 2014 to cover 75 to 84 per cent of workers’ basic living needs.

Currently, the minimum wage is 1.65 to 2.35 million dong, or $78 to $111 a month, depending on the location. But the average cost of living is estimated to be 1.928 million dong for individuals and 3.278 million dong for those with children, according to data compiled by the union. Adding to the problem is that few employers have been paying bonuses lately due to the sluggish economy.

Thus, the minimum wage should be raised to 2.435 to 4.113 million dong, the union said.

A recent study of 68 Vietnamese firms by the federation found that workers earn an average of 3.667 million dong a month, but more than five per cent earn less than 2 million dong, it said. There were as much as 506 strikes in 2012 demanding higher wages.

Just one month ago in August, Vietnam has launched the National Wage Council, a government think-tank focused on minimum wage rates backed by the International Labour Organisation.



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Vietnam's sole national trade union, the Vietnam General Federation of Labour, has said it wants the minimum wage in the country hiked by a third in 2014 to cover 75 to 84 per cent of workers' basic living needs. Currently, the minimum wage is 1.65 to 2.35 million dong, or $78 to $111 a month, depending on the location. But the average cost of living is estimated to be 1.928 million dong for individuals and 3.278 million dong for those with children, according to data compiled by the union. Adding to the problem is that few employers have been paying bonuses lately...

seafood-factoryVietnam’s sole national trade union, the Vietnam General Federation of Labour, has said it wants the minimum wage in the country hiked by a third in 2014 to cover 75 to 84 per cent of workers’ basic living needs.

Currently, the minimum wage is 1.65 to 2.35 million dong, or $78 to $111 a month, depending on the location. But the average cost of living is estimated to be 1.928 million dong for individuals and 3.278 million dong for those with children, according to data compiled by the union. Adding to the problem is that few employers have been paying bonuses lately due to the sluggish economy.

Thus, the minimum wage should be raised to 2.435 to 4.113 million dong, the union said.

A recent study of 68 Vietnamese firms by the federation found that workers earn an average of 3.667 million dong a month, but more than five per cent earn less than 2 million dong, it said. There were as much as 506 strikes in 2012 demanding higher wages.

Just one month ago in August, Vietnam has launched the National Wage Council, a government think-tank focused on minimum wage rates backed by the International Labour Organisation.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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