Minimum Wages in Vietnam increased to 3980 VND Thousand/Month in 2018 from 3750 VND Thousand/Month in 2017. Minimum Wages in Vietnam averaged 2406.36 VND Thousand/Month from 2008 until 2018, reaching an all time high of 3980 VND Thousand/Month in 2018 and a record low of 1000 VND Thousand/Month in 2008.

Minimum Wages in Vietnam is expected to be 3980.00 VND Thousand/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Minimum Wages is projected to trend around 4450.00 VND Thousand/Month in 2020, according to our econometric models.

Vietnam Minimum Wages
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Vietnam Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.20 2.19 4.50 1.81 percent [+]
Employed Persons 54.00 54.10 54.10 23.50 Million [+]
Unemployed Persons 1.11 1.11 2.30 0.80 Million [+]
Minimum Wages 3980.00 3750.00 3980.00 1000.00 VND Thousand/Month [+]
Population 95.50 94.60 95.50 34.74 Million [+]
Retirement Age Men 60.00 60.00 60.00 60.00 [+]
Retirement Age Women 55.00 55.00 55.00 55.00 [+]
Wages 5433.00 5066.00 5507.00 1399.00 VND Thousand/Month [+]
Wages High Skilled 10825600.00 10960700.00 11876600.00 10160800.00 VND/Month [+]
Wages In Manufacturing 5527.00 4999.00 5527.00 2871.00 VND Thousand/Month [+]
Wages Low Skilled 5372100.00 5040600.00 6981300.00 5040600.00 VND/Month [+]
Youth Unemployment Rate 7.29 7.10 7.86 5.09 percent [+]
Labor Force Participation Rate 76.70 76.90 77.50 76.40 percent [+]
Living Wage Family 7763600.00 7633800.00 8250400.00 7633800.00 VND/Month [+]
Living Wage Individual 4752300.00 4693900.00 5258200.00 4693900.00 VND/Month [+]


Vietnam Minimum Wages

This page provides - Vietnam Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Vietnam Minimum Wages - actual data, historical chart and calendar of releases - was last updated on December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3980.00 3750.00 3980.00 1000.00 2008 - 2018 VND Thousand/Month Yearly




Country Last Previous
Argentina 11300.00 Dec/18
Australia 719.20 Jul/18
Brazil 954.00 Dec/18
Canada 14.00 Dec/18
China 2420.00 Apr/18
France 1498.47 Dec/18
Germany 8.84 Jan/18
Indonesia 3.60 Jan/18
Japan 848.00 Dec/18
Mexico 88.36 Oct/18
Netherlands 1594.20 Dec/18
Russia 11163.00 May/18
South Korea 7530.00 Dec/18
Spain 858.55 Dec/18
Turkey 2029.50 Dec/18
United Kingdom 7.83 Apr/18
United States 7.25 Dec/18


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