NEW MINIMUM WAGE HINDERS COMPETITIVE\NESS OF VIETNAM APPAREL INDUSTRY
October 1st, 2016
Vietnam’s National Salary Council may have increased the country-wide minimum wage by the smallest proportion in a decade of such rises (7.3% for 2017), but the country’s clothing manufacturers are still warning this is a hike too far.
The Vietnam Textile & Apparel Association (VITAS) has opposed the increase. Nguyen Thi Tuyet Mai, VITAS deputy secretary-general, explained why at her office in downtown Ho Chi Minh City: “The wage is too high. The minimum wage increases every year, so there are many difficulties for Vietnamese enterprises, ...
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