VIETNAM PROPOSES 15.1% INCREASE TO REGION-BASED MINIMUM WAGES
August 1st, 2014
Vietnam’s National Wage Council (NWC) proposed on August 6, a 15.1% increase in region-based monthly minimum wages. Regional minimum wages grew on average by 15.2% this year, and labour unions had demanded rises of over 20%.If approved by the Prime Minister, the new wage levels will come into effect on January1, 2015 and will range from VND 2.2 million (US$103.8) to VND 3.1 million (US$146.3), depending on the region.Sim Thai Ha Phuong, deputy director of Thai Son S.P Co. Ltd, told just-style.com that the suggested rise would hit both her company and its ...
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