"Final" proposal to increase minimum wage to 3.1 million VND

The National Wage Council will submit to the Government for approval a plan to increase the 2015 minimum wage in region 1 to 3.1 million VND/month, an increase of 14.8% compared to this year's wage.

Illustration photo: VNA

Specifically, according to the results just agreed upon at the meeting of the National Wage Council on August 6, the minimum wage in 2015 for region 2 will be 2.75 million VND/month, region 3 will be 2.42 million VND/month, and region 4 will be 2.2 million VND/month.

Thus, the average salary increase compared to this year is 15.1%.

The above increase is also close to the latest proposal that many authorities have just proposed this morning, August 6. Accordingly, the Vietnam General Confederation of Labor has reduced the proposed salary increase for 2015 from 3.5 million VND/month to 3.2 million VND/month. The representative of the Vietnam Chamber of Commerce and Industry (VCCI) also adjusted the proposed increase from 3 million VND/month to 3.1 million VND/month.

The plan to increase the minimum wage to 3.1 million VND/month in region 1 received 63% of the consensus votes and became the plan to increase the minimum wage in 2015 that the National Wage Council submitted to the Government for approval.

Previously, the meeting of the National Wage Council held on July 31 to agree on the regional minimum wage for 2015 to submit to the Government did not reach a final result due to the large differences between the three proposed levels of the three parties' representatives.

At this meeting, the representative of VCCI proposed the minimum wage for region 1 in 2015 to be 3 million VND, an increase of about 11% compared to the current minimum wage. Meanwhile, the Ministry of Labor, War Invalids and Social Affairs proposed 3.05 million VND/month, an increase of about 14%. The highest proposal was from the Vietnam General Confederation of Labor with 3.4 million VND; an increase of nearly 26% compared to this year's minimum wage.

According to Vietnam+