Vietnam Wages: Minimum and Average
Vietnam Wages Data
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 4680 VND Thou/Month | 191.539 USD/Month | 2023 |
| Wages | 7000 VND Thou/Month | 286.489 USD/Month | 2Q/23 |
| Wages High Skilled | 10825600 VND/Month | 466.246 USD/Month | 2018 |
| Wages in Manufacturing | 7815 VND Thousand/Month | 319.845 USD/Month | 2Q/23 |
| 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 remained unchanged at 4680 VND Thou/Month (191.539 USD/Month) in 2023. 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 | 2023 | 19.06.2023 |
| 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 |
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 decreased to 7000 VND Thou/Month (286.489 USD/Month) in the second quarter of 2023. 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
| 7000 | 2Q/23 | 01.08.2023 |
| 7000 | 1Q/23 | 13.04.2023 |
| 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 |
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 decreased to 7815 VND Thousand/Month (319.845 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
| 7815 | 2Q/23 | 01.08.2023 |
| 7900 | 1Q/23 | 13.04.2023 |
| 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 | 2Q/23 | 2.3 % | 2.25 |
| Labor Force Participation Rate | 2Q/23 | 68.9 % | 68.9 |
| 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/23 | 372.046 USD/Month | 397.056 |
| Mongolia | 2Q/23 | 663.775 USD/Month | 643.054 |
| Tajikistan | Jun/23 | 203.349 USD/Month | 176.321 |
| China | 2022 | 1301.701 USD/Month | 1219.6 |
| Georgia | 2Q/23 | 671.004 USD/Month | 638.29 |
| India | 2014 | 115.31 USD/Month | 108.53 |
| Israel | Jun/23 | 3237.175 USD/Month | 3226.81 |
| South Korea | 2Q/23 | 3015.471 USD/Month | 3419.512 |
| Taiwan | Jul/23 | 1846.444 USD/Month | 1678.546 |
| Vietnam | 2Q/23 | 286.489 USD/Month | 289.723 |
| Armenia | Aug/23 | 658.099 USD/Month | 668.655 |
| Hong Kong | 2Q/23 | 2306.018 USD/Month | 2269.91 |
| Japan | Aug/23 | 2140.488 USD/Month | 2993.015 |
| Kazakhstan | Jan/23 | 718.049 USD/Month | 657.009 |
| Macau | 2Q/23 | 2114.139 USD/Month | 2114.139 |
| Malaysia | 2021 | 642.439 USD/Month | 620.439 |
| Philippines | 2016 | 200.58 USD/Month | 189.61 |
| Singapore | 2Q/23 | 4588.745 USD/Month | 5151.515 |
| Thailand | 2Q/23 | 423.147 USD/Month | 415.075 |
| Azerbaijan | Aug/23 | 544.118 USD/Month | 542.353 |
| Bahrain | 2Q/23 | 2297.082 USD/Month | 2307.692 |
| Uzbekistan | 2022 | 319.264 USD/Month | 264.409 |
| Mauritius | 2022 | 846.312 USD/Month | 763.242 |
