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Vietnam Wages: Minimum and Average

Vietnam Wages Data

Indicator Data Period
Minimum Wages 4680 VND Thou/Month | 196.052 USD/Month 2022
Wages 7500 VND Thou/Month | 314.186 USD/Month 2Q/22
Wages High Skilled 10825600 VND/Month | 466.246 USD/Month 2018
Wages in Manufacturing 7139 VND Thousand/Month | 299.063 USD/Month 1Q/21
Wages Low Skilled  5372100 VND/Month | 231.37 USD/Month 2018


Latest data on Minimum Wages (VND Thou/Month)

Minimum Wages
                     Vietnam - Historical Data (VND Thou/Month)

What is minimum wage in Vietnam?

  • Minimum Wages in Vietnam increased to 4680 VND Thou/Month (196.052 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)

Wages
                     Vietnam - Historical Data (VND Thou/Month)

What is average wage in Vietnam?

  • Average Wages in Vietnam increased to 7500 VND Thou/Month (314.186 USD/Month) in the second 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
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
5433 1Q/18 27.11.2018
5066 4Q/17 19.06.2018


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)

Wages High Skilled
                     Vietnam - Historical Data (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)

Wages in Manufacturing
                     Vietnam - Historical Data (VND Thousand/Month)

How much is average wage in manufacturing in Vietnam?

  • Average wages in manufacturing sector in Vietnam increased to 7139 VND Thousand/Month (299.063 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
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)

Wages Low Skilled 
                     Vietnam - Historical Data (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 1Q/22 2.46 % 3.56
Labor Force Participation Rate 1Q/22 68.1 % 67.7
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 Jul/22 338.649 USD/Month 362.146
Mongolia 4Q/21 505.031 USD/Month 468.857
Tajikistan Jun/22 195.016 USD/Month 168.836
China 2021 1251.002 USD/Month 1140.254
Georgia 2Q/22 552.33 USD/Month 518.638
India 2014 115.31 USD/Month 108.53
Israel Jun/22 3423.217 USD/Month 3424.629
South Korea 2Q/22 2777.423 USD/Month 3184.907
Taiwan Jul/22 1843.985 USD/Month 1669.809
Vietnam 2Q/22 314.186 USD/Month 268.105
Armenia Jul/22 596.906 USD/Month 585.856
Hong Kong 2Q/22 2206.437 USD/Month 2184.271
Japan Jul/22 3047.639 USD/Month 3894.393
Kazakhstan Aug/22 682.377 USD/Month 666.757
Macau 4Q/21 1946.423 USD/Month 1996.332
Malaysia 2020 632.89 USD/Month 695.682
Philippines 2016 200.58 USD/Month 189.61
Singapore 2Q/22 4097.12 USD/Month 4653.493
Thailand 2Q/22 410.468 USD/Month 177.323
Azerbaijan Jul/22 488.824 USD/Month 486.471
Bahrain 3Q/21 2074.722 USD/Month 2082.671
Uzbekistan 2021 291.595 USD/Month 242.437
Mauritius 2021 739.797 USD/Month 734.781