Hanoi (VNA)ꦍ - The average monthlysalary increased by 9.3 percent in 2017, according to the Ministry of Labour,Invalids and Social Affairs.
The data collected from 63 provinces andcities shows that the average salary was 6.6 million VND (290 USD) per month in2017 compared to 6 million VND (263 USD) per month in 2016.
The salary increase was higher than the 2017regional minimum salary increase of7.3 percent.
Workers of a member limited liability company,in which the State owned 100 percent charter capital, received the highestaverage monthly salary of 7.9 million VND (347 USD), increasing 4.5 percentcompared to the previous year.
Ranked second were joint stock companies whichhave State capital contributions, with an average monthly salary of 7.3 millionVND (320 USD), increasing 4.6 percent compared to the previous year.
Foreign-invested enterprises witnessed thehighest salary increase of 13.5 percent, from 5.9 million VND (260 USD) permonth in 2016 to 6.7 million VND (295 USD) per month in 2017.
The average salary offered by privateenterprises rose from 5.4 million VND (237 USD) in 2016 to 5.6 million VND (246USD) in 2017, equivalent to 3.3 percent.
𝄹 The socio-economic condition of Vietnam in2017 presented positive signs, with a gross domestic product growth of 6.81 percent,exceeding the target of 6.7 percent. The average consumer price index in 2017increased 3.53 percent. These improvements motivated the salary hike. -VNA
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Economic experts warned of challenges facing Vietnam in 2018 which may cut the country’s Gross Domestic Product (GDP) growth rate to 6.58 percent, lower than the previous year’s figure.
The highest bonus for the upcoming Lunar New Year (Tet) holiday has been reported at 855 million VND (37,900 USD) in a private business in Ho Chi Minh City, according to the Department of Industrial Relations and Wage under the Ministry of Labour-Invalids and Social Affairs.
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Vietnam officially grants limited-term visa-free entry to high-profile foreigners whose presence is deemed beneficial to the country’s socio-economic development.
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Vietnam ranked among the top four countries and territories at the 2025 International Olympiad on Artificial Intelligence (IOAI), reaffirming its strong position in international academic competitions.
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In an document issued on August 5, the PM emphasised the need to stablise living conditions for people hit by floods, landslides, and flash floods in late July and early August in northern and north-central provinces, especially Dien Bien, Son La, and Nghe An which suffered some of the worst damage.
Although millions of Vietnamese were affected by AO, only over 626,000 individuals, including war veterans and their children suffering from dioxin-related conditions, are currently receiving state benefits.
Illustrative image (Source: VNA) 
