4 July, 2018 . By contrast, contracted laborers in neighboring Thailand, Vietnam, and Laos earned a monthly minimum wage of U.S. $191, $182, and $88 in 2020, respectively. Laos' yearly minimum wage is $1,057.00 in International Currency. International Currency is a measure of currency based on the value of the United States dollar in 2009. Minimum wage schedules set pay by occupation; for example, the minimum wage for domestic workers, for example, was EC $ 800 ($296.30) monthly, while that for a security guard was EC $6.00 ($2.22) per hour. Legal News & Analysis - Asia Pacific - Laos - Labour & Employment. The wage increase is critical in improving the livelihoods of the Lao people as LAK 900,000 is insufficient to live on due to the rising cost of household goods and the increased in the cost of living has contributed to the growing trade deficit in Laos. Laos Minimum Wage Published by: Open Development Laos This webpage provides information on the minimum wage in Laos, how it compares to that of other countries, and other facts and statistics about the country. Laos' Minimum Wage is the lowest amount a worker can be legally paid for his work. After months of deliberation, the government of Laos (“ GOL ”) officially approved an increase to the country’s minimum wage on 20 April 2018, from LAK900,000 (approximately USD110) to LAK1,100,000 (approximately USD133) per person per month. Next year’s basic minimum wage has been increased by 4.4 per cent to $190 a month from $170 per month last year after the final round of negotiations ended in a vote last week, the … In 2012 the government raised the minimum wage from 348,000 kip to 626,000 kip a month, and in 2015 ordered a further hike to 900,000 kip a month. Minimum Wages in Vietnam averaged 2697.69 VND Thousand/Month from 2008 until 2020, reaching an all time high of 4420 VND Thousand/Month in 2020 and a record low of 1000 VND Thousand/Month in 2008. The 2018 daily minimum wage of 4,800 kyat, which officially began to apply for all factories with more than 10 employees on 14 May 2018, has been negotiated intensely over a period of months between the government, employer and worker representatives. Salaire minimum - Liste des pays - Valeurs actuelles, les valeurs précédentes, prévisions, statistiques et graphiques.Asie -Salaire minimum - Liste des pays - Valeurs actuelles, les valeurs précédentes, prévisions, statistiques et graphiques. History. Laos raises minimum monthly wage to over 130 USD Source: Xinhua 2018-05-02 18:37:50 [Editor: huaxia] VIENTIANE, May 2 (Xinhua) -- All businesses and factories in Laos are required to increase the minimum wage from 900,000 kip (some 108 U.S. dollars) to 1.1 million kip (some 133 U.S. dollars) a month starting May 1, 2018. The minimum wage in Laos was increased by 44 percent, from 626,000 kip (US$77) to 900,000 kip (US$111) per month. Laos' yearly minimum wage is $1,057.00 in International Currency. Median Salary . Minimum-Wage.org provides a database of international minimum wage rates and labor law information for countries around the world.