2017 Vietnam Minimum Wage Increase Set at 7.3%

 

 

As AMC speculated as early as August 3 2017 in this blog post by Yamamoto Takahiko, the finally agreed 2017 Vietnam minimum wage increase was decided officially to be 7.3% over the 2016 minimum wage.

7.3% increase is line with recent year's increases ranging from 7% to 12%. 

 From January 2017, workers must be compensated between minimum VND 2.60 million (US$116) to VND 3.75 million (US$166), depending on the location of the factory within Vietnam.