Monday, April 6, 2009

Vietnam to raise minimum state salary by 20%

ANOI, Vietnam (AP) - Vietnam will raise the minimum salary for state employees by 20 percent to ease cost of living increases, the government said Tuesday.

Starting from May 1, the minimum monthly salary for civil servants and those who work for state-owned enterprises will increase to 650,000 dong ($37) from 540,000 dong ($31), the government said on its Web site.

The government warned businesses not to make use of the minimum salary increase to hike prices of goods and services.

Last year, tens of thousands of workers went on strike across the country to demand higher pay to keep pace with the rising cost of living.

Vietnam's inflation hit 23 percent last year, the highest level in more than a decade.
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