The Ministry of Labour, Invalids and Social Affairs (MoLISA) is collecting ideas on a draft proposal to the Government in which the National Wage Council suggests it not raise the region-based minimum wage in 2021 after considering the socio-economic circumstances.
The region-based minimum wage will not be adjusted in 2021, said Deputy Minister of Labour, Invalids and Social Affairs Le Van Thanh, Chairman of the National Wage Council, at a meeting in Hanoi on August 5.
Vietnamese policymakers are on the fence about regional minimum wage increase next year, establishing whether it might increase the burden on hard-pressed businesses amid the economic uncertainty caused by COVID-19.
The implementation of the salary reform roadmap was discussed and agreed at a meeting of the National Wage Council on March 4 in Hanoi under the chair of Prime Minister Nguyen Xuan Phuc.
The regional monthly minimum wage will increase by 5.5 percent from January 1, 2020 after representatives of the State, employers and employees reached consensus at their second round of negotiations on July 11.
The Vietnam General Confederation of Labour revealed options for the regional minimum wage increase in 2020 ahead of the second round of negotiations,which is set to take place in Hanoi on July 11.
All 15 members of the National Wage Council agreed to submit a proposal to the Government to increase the regional minimum wage in 2019 by 5.3 percent during their third meeting in the northern port city of Hai Phong on August 13.
Deputy Prime Minister Vuong Dinh Hue has underlined the critical importance of the salary policy, which, he said, is closely related to other policies in the system of socio-economic policies.
Specialists from the International Labour Organisation (ILO) on November 8 shared experiences in wage and social insurance issues and gave recommendations to Vietnam’s draft plan for reforming wage, social insurance and benefits for national contributors.
Pham Minh Huan, Deputy Minister of Labour, Invalids and Social Affairs and Chairman of the National Wage Council, speaks with Vietnam Plus about workers' salaries this year.
The Vietnam General Confederation of Labour (VGCL) proposed a new minimum wage increase of 14.4 percent for the 2016 year, higher than the 12.4 percent increase decided by the NWC in September.