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World Bank Expert: "Increasing minimum wage has a negative impact on the economy"

At the workshop where the results of the study on “Wages and Labor productivity in Vietnam” were published, experts share different views on this issue.

2018 minimum wage closed 6.5 per cent rise deals with claims

Having experienced many debated sessions, the Viet Nam’s National Wage Council (NWC) reaches a final decision on a rise of minimum wage by 6.5 per cent in 2018, a balance move to settle a harmonization between employers and employees.

Stakeholders still fail to compromise on minimum wage increase

The debate on minimum wage increase is ongoing during the second meeting held by Viet Nam’s National Wage Council (NWC). And again, stakeholders failed to find a common ground.

To raise minimum wage in the heat

A heated debate about minimum wage increase is taking place between the government, the labor confederation representing employees, and the representatives of employers.

Stock indexes
1,465.3 22.51 1.56
Volume: 785,761,705 Value: 22,433 (Billions VNĐ)
413.15 3.84 0.94
Volume: 84,612,803 Value: 2,345 (Billions VNĐ)
109.67 1.83 1.7
Volume: 61,046,604 Value: 1,145 (Billions VNĐ)
1,492.81 10.26 0.69
Volume: 163,721,300 Value: 7,004 (Billions VNĐ)