On June 17, 2022, the General Confederation of Labor of Ho Chi Minh City, Vietnam issued Official Dispatch 516/LDLD-CSPL guiding and supervising the adjustment of the minimum wage in 2022, including instructions on how to calculate the regional minimum wage by month and hour according to the regulations
The rate of compulsory social insurance contribution in Vietnam shall be based on the rate of contribution or salary calculated for social insurance contribution. The increase in the regional minimum wage from July 1, 2022 will have an impact on the salary of the monthly compulsory social insurance contribution.
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
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