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Vietnam Wages: Minimum and Average

Vietnam Wages Data

Indicator Data Period
Minimum Wages 4420 VND Thou/Month | 191.54 USD/Month 2021
Wages 6340 VND Thou/Month | 274.743 USD/Month 2Q/20
Wages High Skilled 10825600 VND/Month | 466.246 USD/Month 2018
Wages in Manufacturing 6154 VND Thousand/Month | 266.682 USD/Month 2Q/20
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 remained unchanged at 4420 VND Thou/Month (191.54 USD/Month) in 2021. 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
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
3100 2015 01.01.2015
2700 2014 01.01.2014


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 decreased to 6340 VND Thou/Month (274.743 USD/Month) in the second quarter of 2020. 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
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
5364 3Q/17 26.01.2018
5507 1Q/17 11.08.2017
5080 4Q/16 31.12.2016


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 decreased to 6154 VND Thousand/Month (266.682 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
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 2020 60 60
Unemployment Rate 4Q/20 2.37 % 2.5
Labor Force Participation Rate 4Q/19 76.6 % 76.4
Living Wage Individual 2018 204.676 USD/Month 202.161

Wages in other countries

Country Updated Actual Previous
Bangladesh 2017 156.381 USD/Month 152.123
Kyrgyzstan Dec/20 285.408 USD/Month 208.16
Mongolia 3Q/20 445.134 USD/Month 442.327
Tajikistan Jan/21 126.753 USD/Month 144.034
China 2019 1197.588 USD/Month 1086.798
Georgia 4Q/20 381.159 USD/Month 359.42
India 2014 115.31 USD/Month 108.53
Israel Jan/21 3727.427 USD/Month 3687.835
South Korea 4Q/20 3456.252 USD/Month 3480.566
Taiwan Feb/21 2835.012 USD/Month 2671.377
Vietnam 2Q/20 274.743 USD/Month 311.967
Armenia Feb/21 361.255 USD/Month 352.087
Hong Kong 4Q/20 2175.1 USD/Month 2208.853
Japan Feb/21 2760.411 USD/Month 2818.31
Kazakhstan Feb/21 516.665 USD/Month 514.462
Macau 3Q/20 1875.141 USD/Month 1875.141
Malaysia 2019 783.108 USD/Month 749.831
Philippines 2016 200.58 USD/Month 189.61
Singapore 4Q/20 4420.027 USD/Month 3921.392
Thailand 4Q/20 466.951 USD/Month 468.548
Azerbaijan Jan/21 406.471 USD/Month 415.882
Bahrain 4Q/20 2071.809 USD/Month 2082.447
Uzbekistan 2019 220.681 USD/Month 172.938
Mauritius 2019 778.442 USD/Month 752.661