The Business Times
business-time-50
Asean Business logo
SPONSORED BYUOB logo

Push to increase Vietnam's minimum wage gains traction

Published Wed, Apr 6, 2022 · 09:50 PM

    Hanoi

    THE purchasing power of Vietnam's minimum wage is sinking amid rising prices of essential goods, a by-product of the Russia-led war in Ukraine and the fallout from Covid-19 supply chain issues.

    But raising the minimum wage is a contentious issue with businesses still struggling to recover from prolonged lockdowns.

    VietnamWages

    TRENDING NOW

    German Chancellor Friedrich Merz says Europe is facing “the most decisive moments... in defending the freedom and peace of (the) continent”.

    If Europe goes to war, the fallout will be felt in East Asia

    The loan restrictions will not apply to commercial vehicles (including goods vehicles and buses), PHCs owned by businesses, or motorcycles.

    Singapore government slaps loan curbs on individual private-hire car buyers

    At Chagee Singapore’s NUS Signing Store, inclusive hiring has widened the company’s talent pool, while small workflow adjustments keep the outlet running smoothly.

    Wider talent pools, smoother operations: What these S’pore firms gain from inclusive hiring

    Estimates from UNCTAD put 2025 Asean FDI at US$244 billion, with the Philippines attracting US$9 billion.

    Philippines’ FDI slowdown exposes uneven investment prospects across S-E Asia

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More