On June 12, 2022, the Government issued Decree 38/2022/ND-CP prescribing statutory minimum wages paid to employees working under labor contracts. Replacing Decree 90/2019/ND-CP, this document has some notable contents as follows:
(i) Supplementing regulation on hourly statutory minimum wage;
(ii) Increasing monthly statutory minimum wage;
(iii) Adjusting some applicable areas that changes the regional statutory minimum wage in some localities.