At the government’s regular press briefing on February 4, Pham Truong Giang, Director of the ministry's Department of Wages and Social Insurance, said the increase reflected the impact of a higher regional minimum wage and early policy implementation that gave businesses sufficient time to prepare.

He noted that the Government issued a decree on November 10, 2025 adjusting the regional minimum wage upward by an average of 7.2%, effective from January 1, 2026, higher than the 6% rise in 2024. The early promulgation helped enterprises plan ahead while boosting workers’ confidence.

According to the official, the average monthly wages reached VND9.76 million (US$376) in 2025, up 11% from 2024. State-owned enterprises recorded an average wage of VND12.89 million per worker per month, up 18.2%.

Domestic private firms paid a monthly average of VND8.66 million per worker, up 7%, while the average wage at foreign-invested enterprises (FDI) was VND10.17 million, up 9.6%.

Based on reports from more than 50,000 enterprises which are employing over 4.2 million workers, the Tet bonuses for the 2026 Lunar New Year averaged VND8.69 million, a 13% increase from the previous year.

State-owned enterprises paid an average bonus of VND9.44 million, up 23%. Domestic private firms offered VND7.37 million, up 9%, while FDI firms provided VND9.21 million, up 12%.

Giang said the coordinated and early rollout of wage policies has helped improve workers’ incomes, stabilise livelihoods, strengthen employee retention, and reduce the risk of spontaneous labour migration. The reasonable wage growth and clear roadmap have also supported productivity gains and created fresh momentum for Vietnam’s targeted double-digit economic growth in 2026 and beyond.

PM urges faster, more effective implementation of Party resolution

VOV.VN - Prime Minister Pham Minh Chinh on February 4 urged ministries and localities to move faster and act more effectively to turn the recent 14th National Party Congress’s Resolution into concrete results.