Minimum wage rise in pipeline for October 1

The Ministry of Labour, Invalids and Social Affairs is completing a draft decree to increase the minimum wage from October 1, says Deputy Minister Pham Minh Huan.
The Ministry of Labour, Invalids and Social Affairs is completing adraft decree to increase the minimum wage from October 1, says DeputyMinister Pham Minh Huan.

Speaking at a conference on aminimum wage rise on July6, Huan said the ministry had worked withrelevant ministries and agencies to raise the salary on October 1instead of January 1, three months ahead of the planned schedule.

The salary hike would be made earlier because public employee salaries had not risen along with inflation, Huan said.

The move would help consolidate salary levels in economic sectors,enhancing the competitiveness among enterprises while improving workers'living conditions, he said.

Huan said the rise was basedon four elements: the Consumer Price Index, Gross Domestic Product, theaverage salary and minimum living standards.

According tothe draft decree, the minimum salary of local enterprises andforeign-invested enterprises will be applied at the same levels.

There are different levels of minimum wages for four regions in thecountry, with the first at 1.9 million VND (93 USD), the second at 1.73million VND (84 USD), the third at 1.55 million VND (75 USD) and thefourth at 1.44 million VND (70 USD).

This means theminimum salary in domestic enterprises increases by 500,000-570,000 VND(25-28 USD) and that of foreign-invested enterprises by 300,000-380,000VND (15-19 USD).

According to Ngo Chi Hung, deputy head ofHanoi Industrial and Export Processing Zone Management Board, the payrise was essential to improve the relationship between employers andemployees and to minimise strikes in industrial zones.

Inthe first six months of this year, 35 strikes occured in industrial andprocessing zones in Hanoi . All of the participants asked for a payrise, Hung said.


Surveys from the VietnamGeneral Confederation of Labour showed that the income of workers inHanoi and HCM City was between 1.8 million VND (88 USD) and 2.5million VND (122 USD). This payment was said to be quite low in thecontext of soaring goods prices.

However, Vietnam Textileand Apparel Association vice chair Dang Phuong Dung said, the wage risewould be a burden for enterprises.

Dung said the prices ofinput materials kept increasing remarkably, raising production costsfor companies. Thus, enterprises were forced to reduce their workforces,which meant the rate of unemployment would increase.


The Ministry of Labour, Invalids and Social Affairs will gatheropinions on the issue from enterprises and local authorities before July21.

The draft decree will come into effect in October if it is approved by the Government. /.

See more

Investment in artificial intelligence surges eightfold compared to 2023 (Photo: VNA)

Investment in AI in Vietnam increases eightfold

Vietnam is entering a new phase of growth, where innovation, science, and technology are at the forefront of shaping its future. From being an emerging market, Vietnam has now risen to become a strategic destination for technology investment in Southeast Asia, driven by the aspirations of the entrepreneurial community and strategic guidance from the government

The talks between Vietnamese Minister of Industry and Trade Nguyen Hong Dien and Cambodian Minister of Commerce Cham Nimul on April 28 (Photo: VNA)

Vietnam, Cambodia seek ways to bolster economic, trade ties

Vietnam and Cambodia inked an agreement on promoting bilateral trade for the 2025–2026 period, which provides preferential tariffs for many competitive goods from each side – much more favourable than those under the ASEAN Trade in Goods Agreement (ATIGA).

President of Vietnam Luong Cuong (10th from left), Party General Secretary and President of Laos Thongloun Sisoulith (ninth from left), and officials of the two countries at the inauguration ceremony of Wharf No. 3 of Lao - Viet International Port on April 28 (Photo: VNA)

New wharf at Lao - Viet Int’l Port inaugurated

The launch of Wharf No. 3 of Lao - Viet International Port expected to help ensure infrastructure for socio-economic development in both Vietnam and Laos, meeting the increasing demand for goods transportation.

Vietnamese Ambassador to Brazil Bui Van Nghi (centre), who is concurrently in charge of Peru pays a courtesy visit to Peru's Deputy Foreign Minister Felix Denegri Boza. (Photo published by VNA)

Vietnam, Peru step up economic and trade cooperation

Peru is currently Vietnam’s sixth-largest trading partner in Latin America. However, the trade value, standing at 518 million USD, remains modest compared to the potential and real demand between the two complementary economies.

Permanent Deputy Prime Minister Nguyen Hoa Binh speaks at the meeting with representatives from ministries, agencies, international institutions, banks, investment funds and investors in Hanoi on April 28. (Photo: VNA)

Deputy PM vows optimal conditions for firms to expand investment in int’l financial centres

Speaking at a meeting with representatives from ministries, agencies, international institutions, banks, investment funds and investors in Hanoi, Binh said that the Government of Vietnam is committed to always accompanying businesses, creating the most favourable conditions for enterprises to expand their investment in international financial centres in Vietnam as well as invest in other ecosystems that they are interested in.

Tunisia’s demand for imported goods remains high, especially for essential commodities such as raw coffee, rice, and sugar. Illustrative image (Photo: VNA)

Vietnam, Tunisia boost economic and trade cooperation

In 2024, trade between Vietnam and Tunisia reached 267 million USD, almost tripling the figure recorded in 2023. Vietnam’s main exports to Tunisia included footwear, raw coffee, pepper, cashew nuts, seafood, and machinery, while Vietnam imported seafood, dates, chemicals, and animal feed materials from Tunisia.

Local carmaker Kim Long Motor company and Korean Daon Mobility ink an agreement on exporting the local brand bus into the Korean market. Photo courtesy of Kim Long Motor (

Local carmaker to export buses to RoK

It’s expected that the first batch of 50 electric EV Buses will be delivered to the Republic of Korea (RoK) for operation in the second quarter this year.

Tourists from Tashkent to Da Nang (Photo: VNA)

Da Nang launches direct air route to Uzbekistan

Nguyen Thi Phuong, President of Prestige DMC Vietnam, noted that the charter service from Tashkent to Da Nang is being operated through a partnership between Prestige DMC Vietnam, Red Island Company, Centrium-Air Airways, and Prestige Travel Uzbekistan.

ASEAN, China promote cross-border payments

ASEAN, China promote cross-border payments

In the first quarter of 2025, the value of RMB transactions between China and Malaysia reached 102 billion RMB (4 billion USD), up 27% year-on-year, while transactions with Cambodia reached 5 billion RMB (686 million USD), an increase of 45% compared to the same period in 2024.

Chairman of the Can Tho city People's Committee Truong Canh Tuyen granted the investment registration certificate to Aeon Mall Vietnam leader. (Photo: VNA)

Aeon Mall Can Tho project officially launched

Once completed, this will become the largest shopping mall in the Mekong Delta, with a scale nine times larger than the region’s current largest commercial centre.

Vietnamese Ambassador to China Pham Thanh Binh (left) and Chairman of the China Council for the Promotion of International Trade Ren Hongbin. (Photo: VNA)

Vietnam, China eye deepening trade promotion cooperation

The Vietnamese Embassy is ready to act as a bridge in facilitating cooperation between the China Council for the Promotion of International Trade (CCPIT) and Vietnamese partners, as well as in connecting enterprises from both countries, said Ambassador Pham Thanh Binh.