Headlines 14/06/2022 16:30 CH

Statutory minimum wages applied from July 01, 2022

Lý Hải

On June 12, 2022, the Government of Vietnam promulgated Decree No. 38/2022/ND-CP on statutory minimum wages paid to employees working under employment contracts applied from July 01, 2022. Below are monthly and hourly minimum wages in 4 regions as follows:

Below are monthly and hourly minimum wages in 4 regions as follows:
 
- Monthly minimum wages:

+ Region I: 4.680.000 VND per month.

+ Region II: 4.160.000 VND per month.

+ Region III: 3.640.000 VND per month.

+ Region IV: 3.250.000 VND per month.

(Increased by 6% compared to the current minimum wages).

- Hourly minimum wages:

+ Region I: 22.500 VND per hour;

+ Region II: 20.000 VND per hour;

+ Region III: 17.500 VND per hour;

+ Region IV: 15.600 VND per hour;

(New contents)

Notes:

- The list of subregions of regions I, II, III and IV is specified in the Appendix issued together with Decree No. 38/2022/ND-CP .

- The subregions are also determined according to operating locations of employers as prescribed in clause 3 Article 3 of Decree No. 38/2022/ND-CP .

Decree No. 38/2022/ND-CP comes into force from July 01, 2022 and replaces Decree No. 90/2019/ND-CP .

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