The Vietnam Chamber of Commerce and Industry (VCCI), representing employers, proposed a 4.62% rise, ranging from VND100,000 (US$4.5) to 180,000 VND (US$8.1), depending on regions.
Meanwhile, the Vietnam General Confederation of Labour (VGCL) - the representative of employees – asked for an augmentation of between VND250,000-400,000 (US$11.25-US$18), equivalent to about 11%.
The council is scheduled to decide on a wage hike at a meeting in August.
Last year, the government decided to raise the minimum wage in 2016 by 12.4%.
Accordingly, from January 1, 2016, the minimum wages range between 2.4-VND3.5 million (US$108-157), depending on geographical zone.
The wage hike was agreed upon after several negotiations between the VGCL and the VCCI.
Regionally-based monthly minimum wages vary between four different regions based on four separate benchmarks determined by living standards in each area.
Region 1 covers urban Hanoi and HCM City; Region 2 covers rural Hanoi and HCM City along with urban Can Tho, Da Nang and Hai Phong cities; Region 3 applies to provincial cities and the districts of Bac Ninh, Bac Giang, Hai Duong, and Vinh Phuc provinces; and Region 4 encompasses the remaining localities.