Businesses seriously increase minimum wage
The results of the synthesis of reports from units under the Vietnam General Confederation of Labor on the implementation of Decree No. 74/2024/ND-CP show that most enterprises have seriously implemented the adjustment at the enterprise with an average increase of 6%.
The results of the investigation and survey by the Vietnam General Confederation of Labor (March-April) with nearly 3,000 workers in 10 provinces and centrally-run cities showed that 93.25% of workers in enterprises participating in the survey said that their minimum wages had been adjusted according to regulations.
However, some businesses only adjust for a part of low-wage workers, just to pay insurance, so the actual salary of workers does not increase.
"This reflects a lack of seriousness in law enforcement, or perhaps due to businesses' lack of financial capacity, or their deliberate "circumvention" of the law," the Vietnam Trade Union's report stated.
Regarding the survey perspective on basic expenses, 54.9% of the surveyed workers said that their salary and income were just enough to cover their family's basic expenses. Besides, some workers also had to save and spend frugally.
7.9% of workers in a sample of nearly 3,000 people do not have enough to live on and have to do other jobs to earn extra income to cover their living expenses.
In the context of income not meeting family spending needs, workers will have to "tighten their belts" and save to ensure their lives, according to a report by the Trade Union.
According to workers' representatives, many workers have to borrow money to pay for unexpected needs.
Specifically, the survey results show that 12.5% of workers have to borrow money every month to stabilize their lives; 29.9% of workers occasionally (3-4 months/time) have to borrow money.
Only 55.5% of surveyed workers have the means to eat meat and fish in all main meals (excluding shift meals at the enterprise).
"Thus, there is still a large number of people who do not have stable and adequate nutrition, which can affect their physical health, work efficiency and productivity, and at the same time, reduce the quality of life for them and their families," said the General Confederation.
Workers delay having children
According to the report, the Vietnam General Confederation of Labor stated that up to 72.6% of the total number of unmarried people said that salary was the main factor influencing their decision to get married.
Workers feel that their current income is not enough to ensure a stable life when starting a family, especially in the context of increasing living and child-rearing costs.
Salary not only affects your ability to spend on daily expenses, but also impacts buying a home, saving for the future, and ensuring basic needs for a new family.
72.5% of married workers said that their current salary and income influenced their decision to have more children. Living income levels make couples worry about their financial ability to raise children.
As the cost of raising children, especiallyeducation and health care, becomes increasingly expensive, they are delaying having children to ensure quality of life for themselves and their families.
More than 53.3% of workers said that their salary only partially meets (over 50%) the need to spend on their children's education. Thus, for the majority of workers, education costs are a financial burden and they have to depend on support sources such as loans, savings or family to cover the costs.
In particular, 6.9% of workers said that their salaries did not meet their children's education needs. According to the General Confederation, this is a worrying figure that could lead to their children not having access to quality education, affecting the development and career opportunities of future generations.
Regarding medical examination and treatment costs, 44.1% of workers said that their income only covers basic health care and medical examination and treatment needs. In addition, some people only have enough money to buy some basic medicines...
According to the Vietnam General Confederation of Labor, the vast majority of workers do not have the financial capacity to proactively take comprehensive health care, especially when they have serious medical problems or need long-term treatment.
"Given the above situation, continuing to adjust regional minimum wages early is important, urgent and extremely necessary for workers and their families," said the Vietnam General Confederation of Labor.
At the end of the first session of the National Wage Council, while the labor representative proposed a maximum minimum wage increase of up to 9.2%, the employer representative only wanted an adjustment of 3-5%.
Both sides agreed on the minimum wage increase from January 1, 2026. The next council meeting is expected to take place in early August to continue negotiating this wage.
Source: https://baonghean.vn/luong-khong-du-dam-bao-cuoc-song-gia-dinh-lao-dong-tre-ne-ket-hon-10301226.html
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