Bonuses for the upcoming Tet (Lunar New Year) at most companies nationwide are worth one month’s salary on average, which is around 6.3 million VND (271.68 USD), or 11.4 percent higher than 2018.
Hanoi (VNA) – Bonuses for theupcoming Tet (Lunar New Year) at most companies nationwide are worth onemonth’s salary on average, which is around 6.3 million VND (271.68 USD), or11.4 percent higher than 2018.
The Department of Industrial Relations and Wage under the Ministry of Labour,Invalids and Social Affairs made the calculation based on plans for Tet bonusessubmitted by 25,565 businesses with more than 3.32 million workers across 58 citiesand provinces as of January 9.
More specifically, state-owned one member limited companies are giving out anaverage bonus of 5.78 million VND (249.26 USD) per person, up 15.2 percent fromthe previous year. Meanwhile, workers at joint stock firms with dominated statecapital will receive 6.82 million VND (294.27 USD) on average, increasing 9.8percent against last year.
Average Tet bonus for labourers at private businesses rises 26.6 percent to6.44 million VND (277.87 USD), and the amount at foreign-invested firms is 6.23million VND (268.76 USD) as compared to 5.68 million VND (245.03 USD) in 2018.
Tet (Lunar New Year) is the most importanttraditional festival in Vietnam, during which people do their best to returnhome for family gatherings and worshipping the ancestors.-VNA
As many as 265 businesses in industrial and processing zones of Ho Chi Minh City have revealed bonus plans for workers on the occasion of traditional Lunar New Year 2017.
The average Tet (New Year) bonus of the upcoming lunar Year of the Dog will be about 10.9 percent higher than last year in Ho Chi Minh City, said Director of the city’s Department of Labour, Invalids and Social Affairs Le Minh Tan on December 29.
The highest bonus for the upcoming Lunar New Year (Tet) holiday has been reported at 855 million VND (37,900 USD) in a private business in Ho Chi Minh City, according to the Department of Industrial Relations and Wage under the Ministry of Labour-Invalids and Social Affairs.
The average bonus for the upcoming Tet (Lunar New Year) in Ho Chi Minh City has been reported at more than 10.3 million VND (444.47 USD), a 25 percent rise compared to last year, according to the municipal Department of Labour, Invalids, and Social Affairs.
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Illustrative image (Source: VNA) 
