HCM City’s private firm pays highest Tet bonus of 855 million VND
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 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. (Photo: vneconomy)
HCM City (VNA) – The highest bonus for the upcoming Lunar New Year(Tet) holiday has been reported at 855 million VND (37,900 USD) in a privatebusiness in Ho Chi Minh City, according to the Department of IndustrialRelations and Wage under the Ministry of Labour-Invalids and Social Affairs.
The Department recently announced the information on Tet bonus payment of25,174 businesses that employ nearly 3.6 million labourers across the country.
This year, average year-end bonus increased 13 percent to 5.5 million VND (243.6USD) per worker, equivalent to one-month salary.
Specifically, Tet bonus paid by state-owned one member limited liability companiesis 5 million VND (221.5 USD), up 8.7 percent from 2017.
Meanwhile, the rate for non-state-owned companies and foreign-investedcompanies are 5 million VND and nearly 5.7 million VND (252.5 USD), ayear-on-year surge of 20.6 percent and 16 percent, respectively.
The lowest Tet bonus is 20,000 VND, which was recorded in a private business inVinh Phuc province. The bonus is only equal to 40 percent of last year’samount.
The department also reported the highest bonus for the solar New Year in aforeign-invested enterprise in Ho Chi Minh City, which stood at 1.5 billion VND(66,450 USD).-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 Labour Federation of southern Dong Nai province will offer 500 free coach tickets, worth 1.2 million VND (52.8 USD) each, for poor migrant workers to go back home for the Tet (Lunar New Year) holiday.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Viettel was ranked third for overall mobile performance with a score of 82.56 just behind UEA’s e& (88.05) and Quatar’s Ooredoo (87.05) and ahead of Singapore’s Singtel (82.53). Vinaphone took second in 5G speed with a score of 78.11, trailing only behind e&.
PM Chinh proposed MUFG work closely with the Ministry of Finance to improve legal frameworks and support the establishment and operation of the international financial centre in Da Nang and Ho Chi Minh City.
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.
