Vietnamese
On June 12, 2022, the Government issues the Decree No. 38/2022/ND-CP prescribing region-based minimum wage levels applicable to employees working under labor contracts.
Accordingly, beside the minimum wages (monthly and hourly) the Article 3 of this Decree, the Clause 3, Article 4 of the Decree 38 prescribes the payment of employees on a daily or weekly basis, or who are paid based on piece work or products turned out.
In particulars, their wages, when converted into the monthly or hourly rate, must not be lower than the monthly or hourly minimum wage level. The salary that is converted into a monthly or hourly rate or based on the normal working time as decided by the employers in accordance with the labor law shall be as follows:
- Monthly wage = Weekly wage x 52 weeks : 12 months or the daily wage multiplied by the number of normal working days in a month; or the salary paid based on piece work or products turned out in the normal working hours of the month.
- Hourly wage = weekly or daily wage : divided by the number of normal working hours in a week or a day; or the salary that is paid based on piece work or products turned out divided by the number of working hours in the normal working time for the production or piece work implementation.
This Decree takes effect on July 01, 2022.
