The Vietnamese Government has recently issued Decree 73 formally approving increases to the Minimum Basic Wage and Minimum Monthly Wage, effective from 1 July 2024. This article examines the impacts of these increases to help employers and employees under

Following the Resolution of the National Assembly on 11 November 2022 regarding the increase to the Minimum Basic Wage (base salary) from 1 July 2023, on 14 May 2023, the Government issued Decree 24/2023/ND-CP providing further details.