What is Vietnam minimum wage per hour?

What is Vietnam minimum wage per hour?

Minimum wage increase

Region 2018 monthly minimum wage 2019 monthly minimum wage
Region I VND 3,980,000 (US$ 171) VND 4,180,000 (US$ 180)
Region II VND 3,530,000 (US$ 152) VND 3,710,000 (US$ 159)
Region III VND 3,090,000 (US$ 133) VND 3,250,000 (US$ 140)
Region IV VND 2,760,000 (US$ 118) VND 2,920,000 (US$ 125)

What is the average wage of a factory worker in Vietnam?

VND 56,089,995 a year
The average pay for a Factory Worker is VND 56,089,995 a year and VND 26,966 an hour in Vietnam. The average salary range for a Factory Worker is between VND 43,951,806 and VND 67,404,352.

What is the average labor cost in Vietnam?

In 2018, manufacturing labor costs in China were estimated to be 5.51 U.S. dollars per hour. This is compared to an estimated 4.45 U.S. dollars per hour in Mexico, and 2.73 U.S. dollars in Vietnam.

How much do workers make in Vietnam?

In the fourth quarter of 2019, the average monthly salary for rural paid workers and employees was about 5.94 million Vietnamese dong in Vietnam. Meanwhile, the average monthly salary for urban paid workers and employees was around 7.8 million Vietnamese dong.

What is the average Chinese salary?

China’s economic prosperity wouldn’t exist without the large number of people working in this country. With increasing living standards and growing inflation, the wages of employees in China are increasing as well. As of 2020, average wages in China increased to 97,379 yuan from 37,147 yuan in 2010.

How many Dongs does a house cost in Vietnam?

A single person estimated monthly costs are 451$ (10,241,114₫) without rent. Cost of living in Vietnam is, on average, 46.78% lower than in United States. Rent in Vietnam is, on average, 68.08% lower than in United States….Cost of Living in Vietnam.

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Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 9.26

How much money is considered rich in Vietnam?

According to Knight Frank’s report, in order to be included in the 1% richest people in Vietnam, one needs to have assets worth at least US$160,000. For Monaco, which has the world’s densest population of super-rich, the entry point for the principality’s branch of the 1% club is US$7.9 million.

How much is a house in Vietnam in USD?

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.

What is the highest paying job in Vietnam?

Legal Director – 200M

  • HR Director – 100M
  • Regional HR Manager – 80M
  • What is the average household income in Vietnam?

    In 2019, the average monthly income per capita reached approximately 4.2 million Vietnamese dong (VND). In that year, the monthly average income per capita for the income group five was about 9.32 million VND . You need a Single Account for unlimited access.

    What is the average wage in Vietnam?

    Wage and salary in Vietnam are very dissimilar across occupations and contrast starkly between urban and rural areas. The average wage per person in Vietnam is around 3.45 million VND ($150) a month and differentiated by many factors. Like many other economies in the world, the type of jobs firstly divides the salary level in Vietnam.

    What is the average income in China?

    Median Salary. The median salary in China is 31,100 Yuan (USD 4,813) per month.

  • Maximum and Minimum Salary Range. The average salary in China ranges from 7,410 Yuan per month (USD 1,145) to 1,31,000 Yuan (USD 20,245) per month – with 7,410 Yuan
  • Average Annual Salary Increase.
  • Minimum Wage.