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Labour cost in Vietnam is high for the region

by VTV422 December 2018 Last updated at 10:27 AM

VTV.vn - Labour costs in Vietnam are now leading in Southeast Asia, according to a report on corporate productivity and investment environment by the World Bank.

The report compared Vietnam's productivity with other countries in the region in terms of capital deficiency, labour costs, and other factors. Vietnam's labour costs are not low in Southeast Asia. The salary and pay of medium sized enteprises in Vietnam is about 2,739 US dollars per labourer, which is twice that of Laos, Myanmar, and Malaysia, and 30 to 40% higher than in Cambodia, Thailand, and the Philippines. However, it is lower than in four large, developing countries namely Brazil, Russia, India, and China.

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