Vietnam to Increase Minimum Wage for 2016

Payroll on Bloomberg Tax is built to get you to the right answer faster and more efficiently. Get all the payroll intelligence you need with Bloomberg Tax expert analysis, perspectives and...

By Molly Ward

Sept. 8—The monthly minimum wage in Vietnam is to increase by 12.4 percent, which is an additional 250,000 Vietnamese dong ($11.12) to 400,000 dong ($17.80), for 2016, Vietnam News said Sept. 3.

The minimum wage varies depending on the cost of living of a location and is divided into four regions. The new minimum wages will range from 2.4 million dong ($107) to 3.5 million dong ($156).

The current highest minimum wage is in Hanoi and Ho Chi Minh City at 3.1 million dong ($138) a month, while the lowest in rural areas is 2.15 million dong ($96).

To contact the reporter on this story: Molly Ward at

To contact the editor responsible for this story: Michael Baer at

The news release can be found at

More information on payroll issues in Vietnam can be found in the Vietnam country primer. 

Request Payroll