Mekong Chau Doc Travel
Tour Hotel
HOME TOURS TRAVEL HOTELS TRAVEL NEWS GALARY CUSTOMIZED TOURS CONTACT
Travel news
Travel news
Vietnamese Foods
Statistics
Online : 10
Visit Online : 650695
Num of Tours : 11
Num of Hotels : 44
Num of News : 223
Num of Image : 7
Minimum regional wage hike for 2020 set at 5.5%
Date: 11/07/2019. Views: 81
The Saigon Times Daily Thursday, Jul 11, 2019,19:41 (GMT+7)

 

HCMC – The National Wage Council today, July 11, finalized a 5.5% minimum regional wage hike for 2020, following two meetings to discuss the matter.

Specifically, the minimum wage in Region 1 comprising more developed localities rose by VND240,000 to VND4.42 million per month, while that in Region 2 was hiked by VND210,000. The lowest wages in Regions 3 and 4 picked up by VND180,000 and VND150,000, respectively, according to Nguoi Lao Dong newspaper.

Doan Mau Diep, deputy minister of Labor, Invalids and Social Affairs and chairman of the National Wage Council, noted that the increase was established after the council considered the proposals of 6.7% by the Vietnam General Confederation of Labor and 4% by the Vietnam Chamber of Commerce and Industry (VCCI).

Le Dinh Quang, deputy head of the Labor Relations Department, under the Vietnam General Confederation of Labor, explained that the minimum regional wage hike will put pressure on employers but encourage laborers to contribute to enterprises’ development.

The hike of 5.5% is expected to meet laborers’ basic needs, Quang added.

At the first meeting to discuss the minimum regional wage hike for 2020, the Vietnam General Confederation of Labor proposed three solutions, with a minimum wage hike of 6.52%-8.18% for next year. Meanwhile, VCCI representing employers suggested a rate of less than 3%.

VCCI Vice Chairman Hoang Quang Phong stated that even though the Government had earlier finalized a 5.3% minimum regional wage hike for 2019, 72.5% of enterprises have applied a hike of over 6%.

Therefore, the minimum regional wages cannot be increased to levels as high as those proposed by the confederation as they are beyond the capacity of most enterprises.

 

 
OTHER NEWS
Vietnam lacks regulations against trade fraud: GSO head (30/06/2019)
EU-Vietnam free trade deal signed in Hanoi (30/06/2019)
Morning Digest (29/06/2019)
Gov’t Inspectorate proposes reclaiming investments in Thu Thiem project (28/06/2019)
Public Security Ministry starts probe on Asanzo (27/06/2019)
HCMC installs surveillance cameras in many public sites (23/06/2019)
Morning Digest (19/06/2019)
Tech-based taxis need roof light boxes: Transport ministry (17/06/2019)
Two pilots die in military plane crash in Khanh Hoa (14/06/2019)
Workers object to retirement age increase: NA deputies (13/06/2019)
Morning Digest (11/06/2019)
Japanese capital inflow’s new trend (09/06/2019)
Vietnam becomes non-permanent member of UN Security Council (08/06/2019)
S. Korean startups aim to offer products in Vietnam (04/06/2019)
Hyundai wants to invest in North-South express railway (31/05/2019)
Articles with the most interest
Tours in Vietnam Outbound Vietnam Travel News
- CHÂU ĐỐC-CẦN THƠ-SÀI GÒN. 2 DAYS - 1 NIGHT . GROUP. 10.
- TRÀ SƯ FOREST . MST 02
- CHÂU ĐỐC - CẦN THƠ-MỸ THO-SÀI GÒN. 3 DAYS - 2 NIGHTS GROUP 11.
- CHÂU ĐỐC-HÀ TIÊN -PHÚ QUỐC. MST 07
- MORNING BOAT TRIP . MST 03.
- NEWS.
- NEWS.
- NEWS.
- NEWS.
- NEWS.
Home    |    Introduction    |    Tours Travel    |    Hotels    |    Galary    |    Travel News    |    Contact