diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4f5db8f..4e382b7 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -3,6 +3,18 @@ All notable changes to this project will be documented in this file.
 
 This project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0.html)
 
+## [vector-0.33.0] - 2024-05-07
+
+### Vector
+
+#### Bug Fixes
+
+- Have psp support hostNetwork: true when podHostNetwork is true (#385) ([b23cf1f](https://github.com/vectordotdev/helm-charts/commit/b23cf1f1b2302209ebacea23c73c547599f44724))
+
+#### Features
+
+- Bump Vector version to v0.38.0 ([f430315](https://github.com/vectordotdev/helm-charts/commit/f430315f551eb25d1ba00bed31d5fe2c2bed67e4))
+
 ## [vector-0.32.1] - 2024-04-09
 
 ### Vector
diff --git a/charts/vector/Chart.yaml b/charts/vector/Chart.yaml
index e10d145..c1c0244 100644
--- a/charts/vector/Chart.yaml
+++ b/charts/vector/Chart.yaml
@@ -18,11 +18,11 @@ maintainers:
   - name: Datadog
     email: vector@datadoghq.com
 icon: https://vector.dev/press/vector-icon.svg
-appVersion: "0.37.1-distroless-libc"
+appVersion: "0.38.0-distroless-libc"
 annotations:
   artifacthub.io/images: |
     - name: vector
-      image: timberio/vector:0.37.1-distroless-libc
+      image: timberio/vector:0.38.0-distroless-libc
     - name: haproxy
       image: haproxytech/haproxy-alpine:2.6.12
   artifacthub.io/license: MPL-2.0
diff --git a/charts/vector/README.md b/charts/vector/README.md
index eb2e981..4ed6a5f 100644
--- a/charts/vector/README.md
+++ b/charts/vector/README.md
@@ -1,6 +1,6 @@
 # Vector
 
-![Version: 0.33.0](https://img.shields.io/badge/Version-0.33.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 0.37.1-distroless-libc](https://img.shields.io/badge/AppVersion-0.37.1--distroless--libc-informational?style=flat-square)
+![Version: 0.33.0](https://img.shields.io/badge/Version-0.33.0-informational?style=flat-square) ![Type: application](https://img.shields.io/badge/Type-application-informational?style=flat-square) ![AppVersion: 0.38.0-distroless-libc](https://img.shields.io/badge/AppVersion-0.38.0--distroless--libc-informational?style=flat-square)
 
 [Vector](https://vector.dev/) is a high-performance, end-to-end observability data pipeline that puts you in control of your observability data. Collect, transform, and route all your logs, metrics, and traces to any vendors you want today and any other vendors you may want tomorrow. Vector enables dramatic cost reduction, novel data enrichment, and data security where you need it, not where is most convenient for your vendors.