Vietnam Wages: Minimum and Average
Vietnam Wages Data
Indicator | Data | Period |
---|---|---|
Minimum Wages | 4680 VND Thou/Month | 198.295 USD/Month | 2022 |
Wages | 6800 VND Thou/Month | 288.121 USD/Month | 4Q/22 |
Wages High Skilled | 10825600 VND/Month | 466.246 USD/Month | 2018 |
Wages in Manufacturing | 7660 VND Thousand/Month | 324.56 USD/Month | 3Q/22 |
Wages Low Skilled | 5372100 VND/Month | 231.37 USD/Month | 2018 |
Latest data on Minimum Wages (VND Thou/Month)
What is minimum wage in Vietnam?
- Minimum Wages in Vietnam increased to 4680 VND Thou/Month (198.295 USD/Month) in 2022. The maximum rate of minimum wage for employees was 4420 VND Thou/Month and minimum was 1000 VND Thou/Month.
- Data published Yearly by Ministry of Labour.
Historical Data (VND Thou/Month) by years
Data
Period
Date
4680 | 2022 | 30.06.2022 |
4420 | 2022 | 01.04.2022 |
4420 | 2021 | 09.02.2021 |
4420 | 2020 | 05.02.2020 |
4180 | 2019 | 16.01.2019 |
3980 | 2018 | 16.01.2018 |
3750 | 2017 | 11.08.2017 |
3500 | 2016 | 01.01.2016 |
Historical Chart by presidents (VND Thou/Month)
Minimum Wages in Vietnam by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|---|---|---|---|---|---|
Trần Đại Quang | 02.04.2016 - 21.09.2018 | 3750.0000 | 3980.0000 | 3980.0000 | 3750.0000 | 6.13% |
Trương Tấn Sang | 25.07.2011 - 02.04.2016 | 2000.0000 | 3500.0000 | 3500.0000 | 2000.0000 | 75.00% |
Nguyễn Minh Triết | 27.06.2006 - 25.07.2011 | 1000.0000 | 1550.0000 | 1550.0000 | 1000.0000 | 55.00% |
Latest data on Wages (VND Thou/Month)
What is average wage in Vietnam?
- Average Wages in Vietnam increased to 6800 VND Thou/Month (288.121 USD/Month) in the forth quarter of 2022. The maximum rate of average wage for employees was 7199 VND Thou/Month and minimum was 1399 VND Thou/Month.
- Data published Quarterly by General Statistics Office.
Historical Data (VND Thou/Month) by years
Data
Period
Date
6800 | 4Q/22 | 19.01.2023 |
6700 | 3Q/22 | 19.10.2022 |
7500 | 2Q/22 | 06.07.2022 |
6400 | 1Q/22 | 19.04.2022 |
7205 | 1Q/21 | 04.10.2021 |
6340 | 2Q/20 | 07.10.2020 |
5981 | 4Q/18 | 26.02.2020 |
5622 | 2Q/18 | 12.04.2019 |
Historical Chart by presidents (VND Thou/Month)
Wages in Vietnam by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|---|---|---|---|---|---|
Trần Đại Quang | 02.04.2016 - 21.09.2018 | 4845.0000 | 5066.0000 | 5507.0000 | 4845.0000 | 4.56% |
Trương Tấn Sang | 25.07.2011 - 02.04.2016 | 3127.0000 | 5082.0000 | 5082.0000 | 3127.0000 | 62.52% |
Nguyễn Minh Triết | 27.06.2006 - 25.07.2011 | 1399.0000 | 2927.0000 | 3144.0000 | 1399.0000 | 109.22% |
Latest data on Wages High Skilled (VND/Month)
How much is average wage for high skilled employees in Vietnam?
- Average wages for high skilled employees in Vietnam decreased to 10825600 VND/Month (466.246 USD/Month). The maximum level was 11876600 VND/Month and minimum was 10160800 VND/Month.
- Data published Yearly by Wageindicator Foundation.
Historical Data (VND/Month) by years
Data
Period
Date
10825600 | 2018 | 04.07.2019 |
Historical Chart by presidents (VND/Month)
Wages High Skilled in Vietnam by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Latest data on Wages in Manufacturing (VND Thousand/Month)
How much is average wage in manufacturing in Vietnam?
- Average wages in manufacturing sector in Vietnam increased to 7660 VND Thousand/Month (324.56 USD/Month). The maximum level was 7126 VND Thousand/Month and minimum was 2871 VND Thousand/Month.
- Data published Quarterly by General Statistics Office.
Historical Data (VND Thousand/Month) by years
Data
Period
Date
7660 | 3Q/22 | 19.10.2022 |
7139 | 1Q/21 | 04.10.2021 |
6154 | 2Q/20 | 07.10.2020 |
5874 | 4Q/18 | 26.02.2020 |
5524 | 2Q/18 | 04.07.2019 |
Historical Chart by presidents (VND Thousand/Month)
Wages in Manufacturing in Vietnam by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Latest data on Wages Low Skilled (VND/Month)
How much is average wage for low skilled employees in Vietnam?
- Average wages for low skilled employees in Vietnam increased to 5372100 VND/Month (231.37 USD/Month). The maximum level was 6981300 VND/Month and minimum was 5040600 VND/Month.
- Data published Yearly by Wageindicator Foundation.
Historical Data (VND/Month) by years
Data
Period
Date
5372100 | 2018 | 04.07.2019 |
Historical Chart by presidents (VND/Month)
Wages Low Skilled in Vietnam by presidents
Name | Period | Start Data | End Data | Max Value | Min Value | CHG% Start/End |
---|
Other labor indicators in Vietnam
Index | Updated | Actual | Previous |
Retirement Age Men | 2022 | 60.5 | 60.25 |
Unemployment Rate | 4Q/22 | 2.32 % | 2.28 |
Labor Force Participation Rate | 3Q/22 | 68.7 % | 68.5 |
Living Wage Individual | 2018 | 204.676 USD/Month | 202.161 |
Wages in other countries
Country | Updated | Actual | Previous |
Bangladesh | 2017 | 141.581 USD/Month | 137.726 |
Kyrgyzstan | Nov/22 | 332.22 USD/Month | 329.384 |
Mongolia | 2Q/22 | 542.259 USD/Month | 509.245 |
Tajikistan | Sep/22 | 176.893 USD/Month | 157.573 |
China | 2021 | 1310.684 USD/Month | 1194.653 |
Georgia | 3Q/22 | 601.887 USD/Month | 581.509 |
India | 2014 | 115.31 USD/Month | 108.53 |
Israel | Nov/22 | 3524.842 USD/Month | 3537.743 |
South Korea | 3Q/22 | 3384.276 USD/Month | 3118.177 |
Taiwan | Nov/22 | 1702.492 USD/Month | 1679.429 |
Vietnam | 4Q/22 | 288.121 USD/Month | 283.884 |
Armenia | Nov/22 | 626.462 USD/Month | 598.477 |
Hong Kong | 3Q/22 | 2225.772 USD/Month | 2206.409 |
Japan | Dec/22 | 5388.237 USD/Month | 2464.231 |
Kazakhstan | Dec/22 | 688.137 USD/Month | 688.137 |
Macau | 4Q/22 | 1933.517 USD/Month | 1735.207 |
Malaysia | 2021 | 706.739 USD/Month | 682.537 |
Philippines | 2016 | 200.58 USD/Month | 189.61 |
Singapore | 3Q/22 | 4373.25 USD/Month | 4411.731 |
Thailand | 3Q/22 | 453.731 USD/Month | 459.457 |
Azerbaijan | Nov/22 | 488.235 USD/Month | 487.059 |
Bahrain | 3Q/22 | 2149.111 USD/Month | 2143.805 |
Uzbekistan | 2021 | 283.805 USD/Month | 235.959 |
Mauritius | 2021 | 745.181 USD/Month | 740.128 |