Rajah & Tann Regional Round-Up
your snapshot of key legal developments in Asia
 Issue 2 - Apr/May/Jun 2022
 

Minimum Wage Increase

On 12 June 2022, the Government passed Decree 38/2022/ND-CP prescribing the following new region-based minimum wages, which came into effect on 1 July 2022:


  1. Region I (which includes cities such as Ho Chi Minh City and Hanoi): the minimum wage will be increased to VND 4.68 million per month (previously VND 4.42 million);
  2. Region II, the minimum wage will be VND 4.16 million per month (previously VND 3.92 million);
  3. Region III, the minimum wage will be VND 3.64 million per month (previously VND 3.43 million); and
  4. Region IV, the minimum wage will be VND 3.25 million per month (previously VND 3.07 million).



Please note that whilst the information in this Update is correct to the best of our knowledge and belief at the time of writing, it is only intended to provide a general guide to the subject matter and should not be treated as a substitute for specific professional advice.

 

Rajah & Tann LCT Lawyers
Ho Chi Minh City Office
Saigon Centre, Level 13, Unit 2&3
65 Le Loi Boulevard, District 1
HCMC, Vietnam

Hanoi Office
Lotte Center Hanoi - East Tower
Level 30, Unit 3003, 54 Lieu Giai Street., Ba Dinh Dist.,
Hanoi, Vietnam
http://vn.rajahtannasia.com

Contacts:

Dr Chau Huy Quang
Managing Partner
D +84 28 3821 2382
F +84 28 3520 8206
quang.chau@rajahtannlct.com

Vu Thi Que
Partner/Chairwoman
D +84 28 3821 2382
F +84 28 3520 8206
que.vu@rajahtannlct.com

Lim Wee Hann
Executive Committee Member
D +65 62320606
wee.hann.lim@rajahtann.com

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