[ad_1]
HANOI : Vietnam plans to lift its minimal wage by 6per cent from July to assist employees climate the impression of the COVID-19 pandemic, the federal government mentioned on Tuesday.
Below the plan, pending approval from the prime minister, the minimal month-to-month wage could be raised to between 3.25 million dong and 4.68 million dong ($142.00-$204.47), the federal government mentioned in an announcement.
This may be the primary minimal wage hike in two years within the Southeast Asian nation, which is a regional manufacturing powerhouse with a inhabitants of 98 million, in response to the assertion.
“A proportion of labourers are going through difficulties as a result of pandemic, and subsequently a rise within the minimal wage right now is required to assist them stabilise their life and stick with their employers,” head of Vietnam Normal Confederation of Labour, Ngo Duy Hieu, mentioned within the assertion.
Vietnam Chamber of Commerce and Trade, which represents companies within the nation, mentioned companies would attempt to enhance their productiveness to assist fund the wage hike, in response to the assertion.
Vietnam, a key labour-intensive manufacturing hub for such merchandise as garment and footwear, reported gross home product development of 5.03per cent within the first quarter, beating the 4.72per cent growth recorded within the first quarter final 12 months however down from 5.22per cent within the fourth quarter.
($1 = 22,888 dong)
(Reporting by Khanh Vu; Modifying by Alex Richardson)
[ad_2]
Source link
