diff --git a/common.gypi b/common.gypi
index 0932ebff5c4610..5e5307ffb49c7b 100644
--- a/common.gypi
+++ b/common.gypi
@@ -34,7 +34,7 @@
 
     # Reset this number to 0 on major V8 upgrades.
     # Increment by one for each non-official patch applied to deps/v8.
-    'v8_embedder_string': '-node.39',
+    'v8_embedder_string': '-node.40',
 
     ##### V8 defaults for Node.js #####
 
diff --git a/deps/v8/src/builtins/builtins-microtask-queue-gen.cc b/deps/v8/src/builtins/builtins-microtask-queue-gen.cc
index 427fd6edb65f71..b484fec9399d86 100644
--- a/deps/v8/src/builtins/builtins-microtask-queue-gen.cc
+++ b/deps/v8/src/builtins/builtins-microtask-queue-gen.cc
@@ -202,10 +202,17 @@ void MicrotaskQueueBuiltinsAssembler::RunSingleMicrotask(
     TNode<Object> const thenable = LoadObjectField(
         microtask, PromiseResolveThenableJobTask::kThenableOffset);
 
+    RunPromiseHook(Runtime::kPromiseHookBefore, microtask_context,
+                   CAST(promise_to_resolve));
+
     TNode<Object> const result =
         CallBuiltin(Builtins::kPromiseResolveThenableJob, native_context,
                     promise_to_resolve, thenable, then);
     GotoIfException(result, &if_exception, &var_exception);
+
+    RunPromiseHook(Runtime::kPromiseHookAfter, microtask_context,
+                   CAST(promise_to_resolve));
+
     RewindEnteredContext(saved_entered_context_count);
     SetCurrentContext(current_context);
     Goto(&done);
diff --git a/deps/v8/test/cctest/test-api.cc b/deps/v8/test/cctest/test-api.cc
index bf278c7ae513ae..e45f925a282d7a 100644
--- a/deps/v8/test/cctest/test-api.cc
+++ b/deps/v8/test/cctest/test-api.cc
@@ -16350,7 +16350,18 @@ TEST(PromiseHook) {
   CHECK_EQ(v8::Promise::kPending, GetPromise("p")->State());
   CompileRun("resolve(Promise.resolve(value));\n");
   CHECK_EQ(v8::Promise::kFulfilled, GetPromise("p")->State());
-  CHECK_EQ(9, promise_hook_data->promise_hook_count);
+  CHECK_EQ(11, promise_hook_data->promise_hook_count);
+
+  promise_hook_data->Reset();
+  source =
+      "var p = Promise.resolve({\n"
+      "  then(r) {\n"
+      "    r();\n"
+      "  }\n"
+      "});";
+  CompileRun(source);
+  CHECK_EQ(GetPromise("p")->State(), v8::Promise::kFulfilled);
+  CHECK_EQ(promise_hook_data->promise_hook_count, 5);
 
   delete promise_hook_data;
   isolate->SetPromiseHook(nullptr);