Vietnam’s Competitive Minimum Wages: How Does it Fare with its Regional Peers?

Written by Pritesh Samuel

One of Vietnam’s advantages making it a preferred destination for investors is its competitive minimum wages as compared to other countries in the region.

This is despite Vietnam increasing its minimum wage rates every year. This year Vietnam increased its minimum wage by an average of 5.7 percent. The new rates came into effect in January and range from US$132 to US$190 depending on the region.


Continue reading on CVD >>

Leave a comment