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[BUSINESS] · Vietnam · 7 sources

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Vietnam proposes up to 9.8% raise in regional minimum wage for 2027

On 23 June the National Wage Council in Vietnam held its first session on the 2027 regional minimum wage. The Vietnam General Confederation of Labour presented two adjustment options: an increase of 9.8 % (about VND 360,000‑520,000 per month) or 8.5 % (about VND 315,000‑450,000). The proposals are based on expected GDP growth, CPI inflation, labour productivity and the cost impact on enterprises. Current regional minimums range from VND 5.31 million in region I to VND 3.70 million in region IV, a 7.2 % rise over 2025 levels.

Union representatives argue the higher increase is needed to keep pace with rising living costs, while the Vietnam Chamber of Commerce and Industry (VCCI) and some employers favour a later implementation date of 1 July 2027, citing financial strain on businesses if the rise takes effect on 1 January. The council will continue deliberations to balance workers’ purchasing power with firms’ ability to absorb higher labour costs.

If adopted, the new rates will take effect from 1 January 2027, unless the council agrees to the July timeline, and will reshape wage‑setting for millions of Vietnamese workers.