Economy
Vietnam Proposes 7.8% Minimum Wage Hike from January 2027
Vietnam's National Wage Council has agreed to propose a 7.8% increase in the regional minimum wage, effective January 1, 2027, to be submitted to the Prime Minister for approval. This move is seen as a response to rapid economic growth and rising living costs.
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- Vietnam Proposes 7.8% Minimum Wage Hike from 2027
Vietnam's National Wage Council unanimously agreed to a proposal to increase regional minimum wages by 7.8% starting January 1, 2027. The proposal will be submitted to the government for approval, aiming to improve living standards and stimulate economic activity.