The Pou Chen Corp of Taiwan (China), the world's largest manufacturer of branded sports footwear with factories in Vietnam, will spend 1.5 trillion VND (63.49 million USD) on year-end bonuses.
The Government requires enterprises to give sufficient salaries and year-end bonuses to employees, and have policies to encourage workers to return to work after the Tet (Lunar New Year) holiday.
At the end of the year, workers often look forward to Tet (Lunar New Year) bonuses to see whether the sum would partly help them enjoy a good Tet celebration or not.
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.
Lunar New Year (Tet) bonuses for workers in businesses in southern Binh Duong province will increase by some 10 percent from last year, according to a recent survey.
The average bonus given to Vietnamese workers for Tet (Lunar New Year), a week-long festival that falls at the end of this month, is 4.9 million VND (218 USD) per worker, almost equivalent to a month’s average salary and 96 percent of last year’s level of 5.1 million VND (227 USD).
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.
Workers in industrial and processing zones across Hanoi have been given all possible support to enjoy the upcoming Lunar New Year (Tet) festival, according to the municipal labour department.
Society
