In 2018, minimum wages were increased by 6.5 percent and ranged from VND 2.76 million (US$118) to VND 3.98 million (US$171). In 2019, the new minimum wages will range from VND 2.92 million (US$126) to VND 4.18 million (US$180).
What is the minimum wage in Vietnam 2020?
Latest update: The minimum wage in Vietnam will be increased from 1,490,000 VND/month (US$63,8) to 1,600,000 VND/month (US$68,5), an increase of 110,000 VND and valid from July 1st, 2020. This is in accordance with Decree 86/2019/QH14 on Nov 12, 2019 about Government’s budget plan in 2020.
What is a fair wage in Vietnam?
On average, workers in Vietnam earn the equivalent of VND 4,645,122 ($200) per month . The next highest rung on the ladder, the Global Living Wage Coalition benchmark, is VND 5,760,098 ($248); thus, a living wage would require a pay raise of almost 25 percent, or VND 1,114,976 ($48), per month .
What is Denmark’s minimum wage?
Denmark’s yearly minimum wage is $44,252.00 in International Currency.
Does Vietnam have low wages?
Vietnam’s statutory minimum wage is far below what a person needs to cover the essentials such as food, housing, healthcare and education. But even the wages most garment workers earn on top of the minimum wage fall short of what is considered a living wage.
What’s the average hourly wage in Vietnam?
The average hourly wage (pay per hour) in Vietnam is 99,300 VND. This means that the average person in Vietnam earns approximately 99,300 VND for every worked hour.
What is minimum wage in Vietnam in US dollars?
In 2019, the minimum wages are predicted to increase to VND4. 18 million (US$180) from VND 2.92 million (US$126) in 2018.
Minimum Wage – Vietnam*
|Region||Per Month (VND)|
What is a high salary in Vietnam?
Fast Facts About Living in Vietnam
Average Local Salary: The average monthly salary of a worker in Vietnam is about $148 per month; those in high paying jobs bring home around $500 per month.
How much is a house in Vietnam?
Home prices in Vietnam are considered very affordable compared to other property hotspots favoured by Chinese such as Bangkok. A high-end property in central Ho Chi Minh City costs USD3,000 to USD 6,000 per square meter while its equivalent in Bangkok costs around USD7,000 to USD9,000 per square meter.
How much is cost of living in Vietnam?
Even in these two places, a couple can enjoy a comfortable, middle-class lifestyle for less than $1,300 per month. Many Westerners who live in Hanoi and Ho Chi Minh City get by spending around $500 per month, but it’s a no-frills lifestyle.
Cost of Living in Vietnam.
|Monthly Total:||$899 to $1,469|
Are there homeless in Denmark?
Experts estimate that there are 10,000 to 15,000 homeless people in Denmark, about half of which live in the Copenhagen metropolitan area. … Experts estimate that there are 10,000 to 15,000 homeless people in Denmark, about half of which live in the Copenhagen metropolitan area.
What is good salary in Denmark?
The average annual income in Denmark is about 39,000 euros (nearly $43,000) and as such, the average Dane pays a total amount of 45 percent in income taxes.
What is the hourly wage in Denmark?
The average hourly wage (pay per hour) in Denmark is 230 DKK. This means that the average person in Denmark earns approximately 230 DKK for every worked hour.