HÀ NỘI — The Việt Nam Textile and Apparel Association (VITAS) yesterday proposed that the regional minimum wage (covering four regions in the country) not be increased next year. A 6.5 per cent increase in the regional minimum wage for 2018 had been decided in August this year by the National Wage Council and submitted to the Government for final approval. Amounting to an increase of VNĐ180,000-230,000 (US$8-10) a month, it was said to be the lowest wage increase ever in the country. “Moreover, constantly increasing minimum wage reduces competition and shifts the labour structure, preventing enterprises from expanding production and robbing labourers of job opportunities,” he said. It will be hard for us to stay in business if the minimum wage keeps increasing.” Dương said.

Source: Viet Nam News October 05, 2017 01:52 UTC