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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)

Minimum Wages
                     Vietnam - Historical Data (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)

Wages
                     Vietnam - Historical Data (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)

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 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)

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 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