Vietnam Wages 2024 | Minimum & Average | Take-profit.org (2024)

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Vietnam Wages 2024 | Minimum & Average | Take-profit.org (1)

  1. Main
  2. Statistics
  3. Wages
  4. Vietnam

Vietnam Wages Data

Indicator Data Period
Minimum Wages 4680 VND Thou/Month | 191.539 USD/Month 2023
Wages 7000 VND Thou/Month | 286.489 USD/Month 2Q/23
Wages High Skilled 10825600 VND/Month | 466.246 USD/Month 2018
Wages in Manufacturing 7815 VND Thousand/Month | 319.845 USD/Month 2Q/23
Wages Low Skilled 5372100 VND/Month | 231.37 USD/Month 2018
  • Minimum
  • Av. Wages
  • High Skilled
  • Manufacturing
  • Low Skilled

Latest data on Minimum Wages (VND Thou/Month)

  • Chart
  • Historical Chart

Vietnam Wages 2024 | Minimum & Average | Take-profit.org (2)

What is minimum wage in Vietnam?

  • Minimum Wages in Vietnam remained unchanged at 4680 VND Thou/Month (191.539 USD/Month) in 2023. The maximum rate of minimum wage for employees was 4420 VND Thou/Month and minimum was 1000 VND Thou/Month.
  • Data published Yearly by Ministry of Labour.

Historical Data (VND Thou/Month) by years

Data

Period

Date

4680 2023 19.06.2023
4680 2022 30.06.2022
4420 2022 01.04.2022
4420 2021 09.02.2021
4420 2020 05.02.2020
4180 2019 16.01.2019
3980 2018 16.01.2018
3750 2017 11.08.2017

Historical Chart by presidents (VND Thou/Month)

  • Trần Đại Quang
  • Trương Tấn Sang
  • Nguyễn Minh Triết

Vietnam Wages 2024 | Minimum & Average | Take-profit.org (3)

Vietnam Wages 2024 | Minimum & Average | Take-profit.org (4)

Vietnam Wages 2024 | Minimum & Average | Take-profit.org (5)

Minimum Wages in Vietnam by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Trần Đại Quang 02.04.2016 - 21.09.2018 3750.0000 3980.0000 3980.0000 3750.0000 6.13%
Trương Tấn Sang 25.07.2011 - 02.04.2016 2000.0000 3500.0000 3500.0000 2000.0000 75.00%
Nguyễn Minh Triết 27.06.2006 - 25.07.2011 1000.0000 1550.0000 1550.0000 1000.0000 55.00%

Latest data on Wages (VND Thou/Month)

  • Chart
  • Historical Chart

Vietnam Wages 2024 | Minimum & Average | Take-profit.org (6)

What is average wage in Vietnam?

  • Average Wages in Vietnam decreased to 7000 VND Thou/Month (286.489 USD/Month) in the second quarter of 2023. The maximum rate of average wage for employees was 7199 VND Thou/Month and minimum was 1399 VND Thou/Month.
  • Data published Quarterly by General Statistics Office.

Historical Data (VND Thou/Month) by years

Data

Period

Date

7000 2Q/23 01.08.2023
7000 1Q/23 13.04.2023
6800 4Q/22 19.01.2023
6700 3Q/22 19.10.2022
7500 2Q/22 06.07.2022
6400 1Q/22 19.04.2022
7205 1Q/21 04.10.2021
6340 2Q/20 07.10.2020

Historical Chart by presidents (VND Thou/Month)

  • Trần Đại Quang
  • Trương Tấn Sang
  • Nguyễn Minh Triết

Vietnam Wages 2024 | Minimum & Average | Take-profit.org (7)

Vietnam Wages 2024 | Minimum & Average | Take-profit.org (8)

Vietnam Wages 2024 | Minimum & Average | Take-profit.org (9)

Wages in Vietnam by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Trần Đại Quang 02.04.2016 - 21.09.2018 4845.0000 5066.0000 5507.0000 4845.0000 4.56%
Trương Tấn Sang 25.07.2011 - 02.04.2016 3127.0000 5082.0000 5082.0000 3127.0000 62.52%
Nguyễn Minh Triết 27.06.2006 - 25.07.2011 1399.0000 2927.0000 3144.0000 1399.0000 109.22%

Latest data on Wages High Skilled (VND/Month)

  • Chart
  • Historical Chart

Vietnam Wages 2024 | Minimum & Average | Take-profit.org (10)

How much is average wage for high skilled employees in Vietnam?

  • Average wages for high skilled employees in Vietnam decreased to 10825600 VND/Month (466.246 USD/Month). The maximum level was 11876600 VND/Month and minimum was 10160800 VND/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (VND/Month) by years

Data

Period

Date

10825600 2018 04.07.2019

Historical Chart by presidents (VND/Month)

Wages High Skilled in Vietnam by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Latest data on Wages in Manufacturing (VND Thousand/Month)

  • Chart
  • Historical Chart

Vietnam Wages 2024 | Minimum & Average | Take-profit.org (11)

How much is average wage in manufacturing in Vietnam?

  • Average wages in manufacturing sector in Vietnam decreased to 7815 VND Thousand/Month (319.845 USD/Month). The maximum level was 7126 VND Thousand/Month and minimum was 2871 VND Thousand/Month.
  • Data published Quarterly by General Statistics Office.

Historical Data (VND Thousand/Month) by years

Data

Period

Date

7815 2Q/23 01.08.2023
7900 1Q/23 13.04.2023
7660 3Q/22 19.10.2022
7139 1Q/21 04.10.2021
6154 2Q/20 07.10.2020
5874 4Q/18 26.02.2020
5524 2Q/18 04.07.2019

Historical Chart by presidents (VND Thousand/Month)

Wages in Manufacturing in Vietnam by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Latest data on Wages Low Skilled (VND/Month)

  • Chart
  • Historical Chart

Vietnam Wages 2024 | Minimum & Average | Take-profit.org (12)

How much is average wage for low skilled employees in Vietnam?

  • Average wages for low skilled employees in Vietnam increased to 5372100 VND/Month (231.37 USD/Month). The maximum level was 6981300 VND/Month and minimum was 5040600 VND/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (VND/Month) by years

Data

Period

Date

5372100 2018 04.07.2019

Historical Chart by presidents (VND/Month)

Wages Low Skilled in Vietnam by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Vietnam

Index Updated Actual Previous
Retirement Age Men 2022 60.5 60.25
Unemployment Rate 2Q/23 2.3 % 2.25
Labor Force Participation Rate 2Q/23 68.9 % 68.9
Living Wage Individual 2018 204.676 USD/Month 202.161

Wages in other countries

Country Updated Actual Previous
Bangladesh 2017 141.581 USD/Month 137.726
Kyrgyzstan Jul/23 372.046 USD/Month 397.056
Mongolia 2Q/23 663.775 USD/Month 643.054
Tajikistan Jun/23 203.349 USD/Month 176.321
China 2022 1301.701 USD/Month 1219.6
Georgia 2Q/23 671.004 USD/Month 638.29
India 2014 115.31 USD/Month 108.53
Israel Jun/23 3237.175 USD/Month 3226.81
South Korea 2Q/23 3015.471 USD/Month 3419.512
Taiwan Jul/23 1846.444 USD/Month 1678.546
Vietnam 2Q/23 286.489 USD/Month 289.723
Armenia Aug/23 658.099 USD/Month 668.655
Hong Kong 2Q/23 2306.018 USD/Month 2269.91
Japan Aug/23 2140.488 USD/Month 2993.015
Kazakhstan Jan/23 718.049 USD/Month 657.009
Macau 2Q/23 2114.139 USD/Month 2114.139
Malaysia 2021 642.439 USD/Month 620.439
Philippines 2016 200.58 USD/Month 189.61
Singapore 2Q/23 4588.745 USD/Month 5151.515
Thailand 2Q/23 423.147 USD/Month 415.075
Azerbaijan Aug/23 544.118 USD/Month 542.353
Bahrain 2Q/23 2297.082 USD/Month 2307.692
Uzbekistan 2022 319.264 USD/Month 264.409
Mauritius 2022 846.312 USD/Month 763.242

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Vietnam Wages 2024 | Minimum & Average | Take-profit.org (2024)
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