Workers at all non-State enterprises and organisations will be entitledto minimum monthly wage increases ranging from of 100,000-370,000 VND(5-19 USD) as of next year.
The rises will take theminimum salary level for workers in foreign-invested businesses tobetween 1.1-1.55 million VND (55-75 USD) against the current level of1-1.34 million VND (50-67 USD) per month.
Workers atdomestic businesses and organisations will see their minimum salaryincrease from 730,000-980,000 VND (36.5-49 USD) per month to830,000-1.35 million VND (41.5-67.5 USD).
The salaryincrease will apply to employees working for businesses split into fourregions as of January 1 and July 1, 2011, under two newly-issuedGovernment decrees.
"It is a good news to hear about thesalary increase but it is still not enough to help workers like us coverdaily expenses, including food and accommodation, because the cost ofmany things has increased," said Do Minh Hang, a worker at a garment andtextile company in Hanoi.
Deputy head of the HCM CityExport Processing and Industrial Zone Authority Nguyen Tan Dinh said thesalary increase failes to match the reality as the average salary ofmany businesses in industrial zones has risen to more than 2 million VND(100 USD).
The low minimum salary level would hinderrecruitment as it could not compete with other businesses, he said at arecent conference in HCM City to discuss the salary increaseplan.
A survey conducted earlier this year by the Ministryof Labour, War Invalids and Social Affairs involving 1,700 enterprisesrevealed that about 90 per cent of them had already increased salariesto higher than the minimum levels set out for 2011.
Chairman of the Craft Villages Association Vu Quoc Tuan said the salaryincrease is not enough and the latest survey shows that the currentminimum salary level meets only 30-40 percent of workers' needs.
Economic expert Vo Tri Thanh, deputy head of the Central EconomicManagement Research Institute, said salaries should be linked withproductivity, not the consumer price index, to motivate businessdevelopment./.
The rises will take theminimum salary level for workers in foreign-invested businesses tobetween 1.1-1.55 million VND (55-75 USD) against the current level of1-1.34 million VND (50-67 USD) per month.
Workers atdomestic businesses and organisations will see their minimum salaryincrease from 730,000-980,000 VND (36.5-49 USD) per month to830,000-1.35 million VND (41.5-67.5 USD).
The salaryincrease will apply to employees working for businesses split into fourregions as of January 1 and July 1, 2011, under two newly-issuedGovernment decrees.
"It is a good news to hear about thesalary increase but it is still not enough to help workers like us coverdaily expenses, including food and accommodation, because the cost ofmany things has increased," said Do Minh Hang, a worker at a garment andtextile company in Hanoi.
Deputy head of the HCM CityExport Processing and Industrial Zone Authority Nguyen Tan Dinh said thesalary increase failes to match the reality as the average salary ofmany businesses in industrial zones has risen to more than 2 million VND(100 USD).
The low minimum salary level would hinderrecruitment as it could not compete with other businesses, he said at arecent conference in HCM City to discuss the salary increaseplan.
A survey conducted earlier this year by the Ministryof Labour, War Invalids and Social Affairs involving 1,700 enterprisesrevealed that about 90 per cent of them had already increased salariesto higher than the minimum levels set out for 2011.
Chairman of the Craft Villages Association Vu Quoc Tuan said the salaryincrease is not enough and the latest survey shows that the currentminimum salary level meets only 30-40 percent of workers' needs.
Economic expert Vo Tri Thanh, deputy head of the Central EconomicManagement Research Institute, said salaries should be linked withproductivity, not the consumer price index, to motivate businessdevelopment./.
