The minimum wage in Vietnam is 4.68 million VND/month (according to Take-Profit.org). It equates to roughly 200 US dollars per month. The minimum wage depends on the employee’s region: Region I (urban HCMC (Ho Chi Minh City) and Hanoi): 4,420,000 VND/month. Region II (rural...
Exports 35.53 33.73 USD Billion Dec 2024 Imports 35.01 32.67 USD Billion Dec 2024 Terms of Trade 104.70 102.50 points Dec 2023 Tourist Arrivals YoY 1747.24 1711.51 Thousand Dec 2024Vietnam ExportsIn the last years, Vietnam's exports have doubled as competitive minimum wage and low costs of util...
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Minimum Wage Country Comparison Chart(Per month in USD) Switzerland (Geneva)$4,000 Italy$2,255 Australia$1996 Algeria$156 Uzbekistan$22 Guaranteed benefits in Vietnam Employers need to be mindful of all statutory benefits required by Vietnamese law. This includes time off for both holidays and...
with the decision to increase the General Minimum Salary ("GMS" or aka basic salary as mentioned in the law, or "lương cơ sở" in Vietnamese) from VND1,300,000/month to VND1,390,000/month (approx. USD61/month) from 01 July 2018. Following this approval of the ...
This is smaller than the total annual net economic loss of 1 billion USD by typhoons for coastal China (Elliott et al. 2015), but not unreasonable because we focus on the sales in manufacturing while they studied the whole coastal economy in China. 5 Conclusion In this paper we empirically...
At the time of investigation, the minimum wage of Tien Giang, where LJIP is located, was about 112 US dollars, the average income of residents in the surrounding communities of the park was about USD 150–200, and the average wage of workers in the park was about USD 290–350. The ...
Vietnam׳s current minimum wage requirements for rural areas is VND 1,900,000 per month which equals USD 1,080 per year [54]. This is not a realistic rate for small producers to pay to their workers. 11 Separate small producer standards have been developed for some agricultural standards...
The investment cost of the project is calculated as the total investment cost per kilometer (USD 2.4 million/km) multiplied by the 15 km route length. The vehicle expenses are estimated by multiplying the price of the BRT vehicle by the minimum total number of vehicles required. The pricing ...
Off-farm wage earned; parameter ph in Eq. (1) 0.76 0.83 Crops sold (sale price, fresh weight) (USD kg−1); vector pa in Eq. (1) Rice grain NA 0.31 Maize grain 0.26 0.25 Onion (bulb) 0.22 NA Spring onion (plant) 0.13 NA French bean 0.26 NA Coffee 0.51 0.44 Banana fruit 0.1...