What Is The Minimum Wage In Vietnam Per Hour, Minimum Wage Across Southeast Asia The Asean Post

Minimum wages in vietnam with effect from 01 01 2017 to 31 12 2017.

Raising floridas minimum wage amendment 2. Facts and statistics about vietnam vietnam is a country located in the southeast asia region with a population of 79832000 and an average life span of 693 years. There are 100 countries with a higher minimum wage then vietnam and vietnam is in the bottom percent of all countries based on the yearly minimum wage rate. Vnd 3500000 per month.

The lowest minimum salary is of 3070000 vnd per month or approximately 132 usd. Publish your articles and forecasts in our website. Vietnam will increase minimum wages by approximately 57 percent from january 1 2020.

Minimum wages in vietnam with effect from 01 01 2019 to 31 12 2019. Vnd 2400000 per month vietnams minimum hourly wage annual salary 52 x 5 x 8 10 job hunting mistakes everyone is making 13. However the states have the power to increase the federal minimum wage as 29 of them did.

The increase varies from us6 to us10 depending on living expenses in a particular region. Minimum wages in vietnam with effect from 01 01 2018 to 31 12 2018. Vietnam will increase the minimum wage by an average of 57 percent in 2020.

The minimum wage in the united states is 725 per hour the 12th highest in the world. The minimum salary figures can often found themselves distorted from the economic reality of the country. In 2019 the new minimum wages will range from vnd 292 million us126 to vnd 418 million us180.

Minimum wages in vietnam averaged 269769 vnd thousandmonth from 2008 until 2020 reaching an all time high of 4420 vnd thousandmonth in 2020 and a record low of 1000 vnd thousandmonth in 2008. Businesses should prepare and incorporate the increase in their budgets for the next year. This page provides vietnam minimum wages actual values historical data forecast chart.

Brthe figures mentioned above are good approximations and are considered to be the standard. The labor code 2012 is silent whether a part time employees monthly salary could be lower than the monthly minimum wage published by the government currently vnd 3750000 per month as long as hisher hourly salary is higher than the hourly minimum wage converted from the monthly minimum wage. Vnd 2700000 per month and region iv.

Furthermore many states have enacted or proposed legislation to gradually increase the minimum wage by increments over the next several years to reach a specific wage. Since july 24 2009 the federal minimum wage is 725 per hour. 467 1 june 2020 cape verde.

Minimum wages vietnam archive archive from 2019 on. Average wage in hanoi and ho chi minh city vietnam. The amount of the bonus will probably be different from person to person depending on their role within the organization.

Vnd 3100000 per month. That is quite an investment. The minimum wage in canada is set by each province and territory.

13000 cape verdean escudos 141 per month. More information is available on vietnam briefing. Ranges from 1132 to 15 cad per hour.