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No increment in 2015 Tet bonus

Update: December, 26/2014 - 09:23
Last year, labourers' Tet bonuses increased by 20 per cent to VND4.4 million (US$206) per person. A FDI enterprise in HCM City had the highest bonus of VND709 million (US$33,320), up 9.2 per cent from 2013. — Vneconomy

HA NOI (VNS) — The average Tet bonus for labourers will likely stay the same as last year, said Pham Minh Huan, the Deputy Minister of Labour, Invalids and Social Affairs.

"In general, enterprises still have financial problems this year," he said. "Based on reports from localities, many have only managed to maintain the bonus from last year."

Last year, labourers' Tet bonuses increased by 20 per cent to VND4.4 million (US$206) per person. A FDI enterprise in HCM City had the highest bonus of VND709 million (US$33,320), up 9.2 per cent from 2013.

In 2012, bonuses grew by 10.8 per cent, to VND2.8 million (US$131) per person.

Although Tet bonuses would not be rising, many enterprises have made other purchases for their employees, such as building accommodation or insurance.

The ministry is still in the process of collecting reports on Tet bonuses from localities. It will release its final report in January. — VNS

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