Thursday, January 23 2020

VietNamNews

Tết bonuses in many provinces, cities to be higher than last year

Update: January, 03/2020 - 11:04

 

Representatives of the board and trade union of the Phương Nam Garment Trading Import Export Joint Stock Company give gifts to company workers with financial difficulties. VNA/VNS.Photo Thanh Vũ

HCM CITY — Workers in HCM City and many provinces will get 1-5 per cent higher Tết (Lunar New Year) bonuses than last year, according to labour authorities.

A report by the HCM City Department of Labour, Invalids, and Social Affairs said the average bonus would be VNĐ10 million and the highest, VNĐ800 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 VNĐ3.5 billion ($151,065) paid by a foreign company in the finance-banking-insurance sector. This was VNĐ500 million higher than last year.

Cù Phát Nghiệp, chairman of the PouYuen Việt Nam trade union, told Việt Nam News Agency that the Taiwanese company would pay more than VNĐ900 billion in Tết 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 Tết for a long time.

Him Lam Land Corporation will pay a Tết bonus of two months’ salary worth VNĐ14 million and provide one Co.op mart voucher to every employee.

Phương Nam Garment Trading Import Export Joint Stock Company will pay a month’s salary of VNĐ15.6 million as bonus and give a gift worth VNĐ200,000.

The Bình Tân District Labour Confederation said the average bonus paid by Vietnamese enterprises would be VNĐ6.6 million and the highest, VNĐ200 million.

In the case of foreign companies, they would be VNĐ8.1 million and VNĐ95 million, it added.

Elsewhere, the Đồng Nai Province Department of Labour, Invalids, and Social Affairs reported that Tết bonuses would increase by 5 per cent this year to an average of VNĐ8 million.

Foreign companies would pay the highest rate of up to VNĐ372 million, it said.

Phạm Văn Cộng, the department’s deputy head, said the higher bonuses are because of the growth achieved by many enterprises last year.

The Bình Dương Province Department of Labour, Invalids and Social Affairs said the highest New Year bonus was VNĐ440 million and the highest Tết bonus would be VNĐ350 million, both by foreign companies.

In Đà Nẵng City, the highest Tết bonus will be VNĐ927.8 million. — VNS

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