Minimum Wages in Vietnam remained unchanged at 4420 VND Thousand/Month in 2021 from 4420 VND Thousand/Month in 2020. source: Ministry of Labour, Vietnam

Minimum Wages in Vietnam averaged 2820.71 VND Thousand/Month from 2008 until 2021, reaching an all time high of 4420 VND Thousand/Month in 2020 and a record low of 1000 VND Thousand/Month in 2008. This page provides - Vietnam Minimum Wages- actual values, historical data, forecast, chart, statistics, economic calendar and news. Vietnam Minimum Wages - values, historical data and charts - was last updated on July of 2021.

Minimum Wages in Vietnam is expected to reach 4420.00 VND Thousand/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Vietnam Minimum Wages is projected to trend around 4650.00 VND Thousand/Month in 2022 and 4840.00 VND Thousand/Month in 2023, according to our econometric models.

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Vietnam Minimum Wages

Actual Previous Highest Lowest Dates Unit Frequency
4420.00 4420.00 4420.00 1000.00 2008 - 2021 VND Thousand/Month Yearly

Vietnam Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.62 2.42 4.50 1.81 percent [+]
Employed Persons 53.15 55.33 55.33 23.50 Million [+]
Unemployed Persons 1.10 1.10 2.30 0.80 Million [+]
Minimum Wages 4420.00 4420.00 4420.00 1000.00 VND Thousand/Month [+]
Population 97.58 96.48 97.58 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 6340.00 7199.00 7199.00 1399.00 VND Thousand/Month [+]
Wages In Manufacturing 6154.00 7126.00 7126.00 2871.00 VND Thousand/Month [+]
Youth Unemployment Rate 7.47 7.44 7.86 5.09 percent [+]
Labor Force Participation Rate 68.50 68.70 77.50 67.20 percent [+]