Minimum wages to be increased by 6% from July

VGP – The Government has decided to increase minimum wage by 6% from July 1, 2022, according to Decree No. 38/2022/ND-CP promulgated on Sunday.

Posts Quang Minh

June 12, 2022 10:21 AM GMT+7

Scope of application

1. Employees who work under labor contracts as prescribed in the Labor Code.

2. Employers as prescribed by the Labor Code, including: Enterprises duly established, organized and operating under the Law on Enterprises; agencies, organizations, cooperatives, households, individuals that hire employees on the basis of labor contracts.

3. Other organizations and individuals subject to implementation of this Decree.

	Current minimum wages	Minimum wages applicable from July 1	Increased amounts
Region 1	4420000	4680000	260000
Region 2	3920000	4160000	240000
Region 3	3430000	3640000	210000
Region 4	3070000	3250000	180000

Wage increases

Under the decree, the minimum monthly wages shall be increased by VND180,000, VND210,000, VND240,000 and VND260,000 to 4,680,000 (US$ 203), VND 4,160,000, VND 4,160,000 and VND 3,250,000 in regions 1, 2, 3, and 4.

Accordingly, the new minimum wages shall be VND 4,680,000/month in Region 1; VND4,160,000/month in Region 2; VND3,640,000/month in Region 3; VND3,250,000/month in Region 4.

Hourly pay

The new decree also stipulates new minimum hourly pay of VND 22,500 per hour in Region 1, VND 20,000 per hour in Region 2, VND 17,500 per hour in Region 3, and VND 15,600 in Region 4./.