Tet bonuses,finance-banking-insurance sector
Representatives of the board and trade union of the Phuong Nam Garment Trading Import Export Joint Stock Company give gifts to company workers with financial difficulties. VNA/VNS.Photo Thanh Vu

A report by the HCM City Department of Labour, Invalids, and Social Affairs said the average bonus would be VND10 million and the highest, VND800 million.

Besides, workers got an average solar New Year bonus of 3.3 million (US$142), 1 per cent higher than last year.

The highest in this category was VND3.5 billion ($151,065) paid by a foreign company in the finance-banking-insurance sector. This was VND500 million higher than last year.

Cu Phat Nghiep, chairman of the PouYuen Vietnam trade union, told Viet Nam News Agency that the Taiwanese company would pay more than VND900 billion in Tet bonuses, with workers getting one or two months’ salary based on their position and productivity. It has 63,500 workers.

The company will also give gifts to workers with financial difficulties and bus tickets to those who have not returned home for Tet for a long time.

Him Lam Land Corporation will pay a Tet bonus of two months’ salary worth VND14 million and provide one Co.op mart voucher to every employee.

Phuong Nam Garment Trading Import Export Joint Stock Company will pay a month’s salary of VND15.6 million as bonus and give a gift worth VND200,000.

 

The Binh Tan District Labour Confederation said the average bonus paid by Vietnamese enterprises would be VND6.6 million and the highest, VND200 million.

In the case of foreign companies, they would be VND8.1 million and VND95 million, it added.

Elsewhere, the Dong Nai Province Department of Labour, Invalids, and Social Affairs reported that Tet bonuses would increase by 5 per cent this year to an average of VND8 million.

Foreign companies would pay the highest rate of up to VND372 million, it said.

Pham Van Cong, the department’s deputy head, said the higher bonuses are because of the growth achieved by many enterprises last year.

The Binh Duong Province Department of Labour, Invalids and Social Affairs said the highest New Year bonus was VND440 million and the highest Tet bonus would be VND350 million, both by foreign companies.

In Da Nang City, the highest Tet bonus will be VND927.8 million. — VNS

Tet bonus: workers prefer cash

Tet bonus: workers prefer cash

Most workers are looking forward to receiving their Tet bonuses at this time of year, but a recent revision to the Labour Code has got them worried about what future Lunar New Year bonuses will have to offer.

Disadvantaged workers to get free tickets to travel home for Tet holiday

Disadvantaged workers to get free tickets to travel home for Tet holiday

The HCM City Labour Federation and trade unions plan to provide free bus, train and flight tickets to 35,500 disadvantaged workers to visit home for Tet (Lunar New Year) in late January next year.