Society

Average Tet bonus jumps 11.4 percent

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.
Average Tet bonus jumps 11.4 percent ảnh 1Illustrative image (Source: VNA)

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
VNA
#Tet bonuses #Lunar New Year #wage #Vietnamplus #Vietnam News #Vietnam News Agency
Follow VietnamPlus

Related News

Tet bonuses for workers in HCM City

Tet bonuses for workers in HCM City

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.
HCM City: Average Tet bonus rises 10.9 percent

HCM City: Average Tet bonus rises 10.9 percent

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.
HCM City’s private firm pays highest Tet bonus of 855 million VND

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.
Tet bonus in Ho Chi Minh City rises 25 percent

Tet bonus in Ho Chi Minh City rises 25 percent

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.

See more

Checking a DNA sample (Photo: VNA)

Tuyen Quang to collect DNA samples to identify over 3,900 martyrs

Three main collection hubs will cover 18 spots across the province. This is a key mission within a 500-day national campaign to search for, recover and identify the remains of fallen soldiers, in the lead-up to the 80th anniversary of War Invalids and Martyrs’ Day (July 27, 1947 - 2027).

A village hit by flash floods in Muong Than commune, Lai Chau province (Photo: VNA)

Floods, landslides wreak havoc on northern mountainous region

Total economic losses were estimated at about 255 billion VND (nearly 9.7 million USD), with Lai Chau accounting for the largest share of the damage with 190 billion VND, followed by Son La with 46.04 billion VND, Lao Cai with 16.7 billion VND, and Dien Bien with 2.3 billion VND.

The particularly serious coach accident, which occurrs at 00:20 in Chuong Duong commune on the Phap Van–Cau Gie–Cao Bo–Mai Son–National Highway 45–Nghi Son route. (Photo published by VNA)

PM orders urgent probe into deadly coach overturn on Hanoi expressway

An official dispatch, issued following the particularly serious coach accident, which occurred at 00:20 a.m. in Chuong Duong Commune on the Phap Van–Cau Gie–Cao Bo–Mai Son–National Highway 45–Nghi Son route, was sent to the ministers of Public Security and Construction, as well as the chairpersons of provincial and municipal People's Committees.

The story of Elza Le Floch, Celeste Perotteau-Giraud, and Wyatt Lelouche is published in the Nice Matin newspaper (Photo published by VNA)

Three young French volunteers embark on humanitarian journey to Vietnam

While many French students have just completed their secondary school examinations and are preparing for their summer break, Elza Le Floch, Celeste Perotteau-Giraud and Wyatt Lelouche have embarked on a different journey. On July 15, the three members of the Scouts and Guides of France group in Menton left Nice for Xuyen Moc in Ho Chi Minh City.

At a classroom for hearing-and-speech impaired children in Bac Ninh province. (Photo: VNA)

Legal assistance project nears finish line with 95% of goals met

Legal support policies only matter when citizens know they exist, can tap into them, and receive quality service. That’s especially true for the poor, the disabled, ethnic minorities, children, domestic violence victims, and those battered by disasters and disease outbreaks.