{"id":14645,"date":"2020-10-28T23:47:32","date_gmt":"2020-10-28T16:47:32","guid":{"rendered":"https:\/\/dongtam.mywebico.com\/?p=14645"},"modified":"2020-10-28T23:47:32","modified_gmt":"2020-10-28T16:47:32","slug":"vietnam-labor-groups-businesses-agree-on-7-3-percent-wage-rise","status":"publish","type":"post","link":"https:\/\/dongtam.com.vn\/en\/vietnam-labor-groups-businesses-agree-on-7-3-percent-wage-rise\/","title":{"rendered":"Vietnam labor groups, businesses agree on 7.3 percent wage rise"},"content":{"rendered":"<\/p>\n<div class=\"post-content\">\n<p data-mce-style=\"text-align: justify;\" style=\"text-align: justify\"> <img decoding=\"async\" alt=\"money\" src=\"https:\/\/dongtam.com.vn\/wp-content\/uploads\/2020\/10\/money.jpg\" style=\"width: 500px;height: 333px\" title=\"money\"><\/p>\n<p> The current wage level only covers 80 percent of workers&#8217; basic demands, according to labor unions. Photo: Ngoc Thang<\/p>\n<p> Representatives from Vietnam\u2019s labor unions and businesses have settled on a 7.3 percent increase for the minimum wage in 2017, much lower than the raises seen in recent years<\/p>\n<p> The National Wage Council, which comprises members from the labor ministry, Vietnam General Confederation of Labor and Vietnam Chamber of Commerce and Industry (VCCI), has voted with a majority for an extra VND180,000-250,000, depending on areas.<\/p>\n<p> Minimum wage is used by businesses to calculate salaries for their workers, by multiplying the basic amount by a coefficient assigned to each worker, based on their skills and experience.<\/p>\n<p> The wage now ranges between VND2.4 million and VND3.5 million ($107-157), which according to the labor unions only covers up to 80 percent of the workers\u2019 basic demands.<\/p>\n<p> Vietnam has been raising the level every year, a policy that has become a point of contention for labor groups and employers.\u00a0<\/p>\n<p> The labor federation proposed a 11 percent increase for next year, but VCCI, which represents thousands of employers in the country, only agreed to 5 percent.<\/p>\n<p> The government will review the wage council&#8217;s decision before making a final decision.\u00a0<\/p>\n<p> Early this year, the minimum wage was raised by 13 percent, following a tug of war between two sides with several rounds of negotiation.\u00a0<\/p>\n<p> If the government chooses to go with the proposed 7.3 percent pay bump, that will be the lowest increase since at least 2010.<\/p>\n<p> <em><strong>\u00a0Source\u00a0thanhniennews.com<\/strong><\/em><\/p>\n<p> \u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The current wage level only covers 80 percent of workers&#8217; basic demands, according to labor unions. Photo: Ngoc Thang Representatives from Vietnam\u2019s labor unions and businesses have settled on a 7.3 percent increase for the minimum wage in 2017, much lower than the raises seen in recent years The National Wage Council, which comprises members [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":14066,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[734],"tags":[],"class_list":["post-14645","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14645"}],"collection":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/comments?post=14645"}],"version-history":[{"count":1,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14645\/revisions"}],"predecessor-version":[{"id":15227,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/posts\/14645\/revisions\/15227"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/media\/14066"}],"wp:attachment":[{"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/media?parent=14645"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/categories?post=14645"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dongtam.com.vn\/en\/wp-json\/wp\/v2\/tags?post=14645"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}