Vietnam wage body agrees to 7.8% average hike in regional minimum wage

After a second round of talks, Vietnam’s National Wage Council recently agreed to raise the regional minimum wage by an average of 7.8 per cent from January 1, 2027.The agreement followed negotiations between representatives of employees, employers and relevant government agencies.

After a second round of talks between representatives of employees, employers and the government, Vietnam’s National Wage Council recently agreed to raise the regional minimum wage by an average of 7.8 per cent from January 1, 2027.
The wage will now rise by between 310,000 VND (~$11.81) and 390,000 VND per month, depending on the region.
The proposal will be submitted to the government for approval.

The regional minimum wage will now increase by between 310,000 VND (~$11.81) and 390,000 VND per month, depending on the region.

The proposal will be submitted to the government for approval.

Accordingly, the monthly minimum wage in Region I will rise from 5.31 million VND to 5.7 million VND, an increase of 390,000 VND.

Region II will see that rise from 4.73 million VND to 5.08 million VND—up by 350,000 VND.

In Region III, the wage will rise from 4.14 million VND to 4.45 million VND—an increase of 310,000 VND, while in Region IV, that will increase from 3.7 million VND to 4.04 million VND—up by 340,000 VND.

The Vietnam Chamber of Commerce and Industry feels a significantly higher increase could place additional financial pressure on businesses, potentially affecting employment and labour market stability, according to a domestic media outlet.

Fibre2Fashion News Desk (DS)