Tet bonus

Update news Tet bonus

The biggest amount of money that Nguyen Thuy Hien, a primary school teacher, working as a teacher for 28 years, has received for Tet was VND500,000.

Tet bonus 2022 likely to be lower due to the pandemic

Businesses in banking, technology, and seaports will likely be able to keep Tet bonuses level with 2021 while other sectors, especialy tourism are likely to be lower than last year.

 

Struggling enterprises to offer Tet bonuses despite financial woes

Many domestic enterprises are suffering serious losses or only fulfilling half of their annual plans due to the impact of the COVID-19 pandemic, but they are still managing to offer Tet (Lunar New Year) bonuses to their workers.

Businesses to offer same Tet bonuses as last year in bid to retain workers

Though businesses have been hit hard by the Covid-19 pandemic, many will offer Tet bonuses equal to last year in an effort to retain workers.

Vietnamese athletes are sad about Tet bonus

Unlike football players who get year-round bonuses and high monthly salaries, professional athletes in other sports only have bonuses and rewards if they win medals at international tournaments.

V-League: Tet bonuses are not for everyone

V-League 2021 has been postponed because of the Covid-19 epidemic, so players have an early lunar New Year (Tet holiday). But many players are unhappy because they do not have a Tet bonus as usual.

Highest expected Tet bonus over VND1 billion, average wage down

The highest Tet bonus workers this year is VND1.07 billion, or over $41,000. The highest pay in 2020 was VND516 million a month.

VN Finance Ministry urged to amend out-of-date personal income tax law

The consumer price index (CPI) has increased by 22 percent compared with July 2013, when the 2012 amended PIT Law took effect. However, the taxation threshold remains unchanged.

Migrant workers welcome Tet far from home

Phan Thi Tu, a textile factory worker in Binh Tan District, HCM City, has welcomed Tet (Lunar New Year) far from home for three years, and 2020 will be no different.

1,000 return to work after victorious Tet bonus strike

More than 1,000 workers from a foreign-invested Taiwanese company in the northern province of Ninh Binh have returned to work after three-day strike over low Tet bonuses.

Highest New Year bonus in HCM City announced

A foreign-invested firm in HCM City has announced to offer New Year bonuses of up to VND3.5 billion (USD152,173) per person.

 

Tet bonus: workers prefer cash

Most workers are looking forward to receiving their Tet bonuses at this time of year, but a recent revision to the Labour Code has got them worried about what future Lunar New Year bonuses will have to offer.

CEOs, managers pocket billions of dong in Tet bonuses

Reports about ESOP (employee stock ownership plan) and Tet bonus programs from businesses show that those who have received the biggest bonuses were mid- and high-ranking managers.

Tet bonus plans vary among industries

VietNamNet Bridge – While finance, pharmaceuticals and real estate sectors promise big Tet bonuses, some other industries that are now facing many challenges and difficulties may provide more modest benefits,

Contrast of Tet bonuses

There are smiles, happy faces, dreams of new cars in the upcoming Lunar New holiday, or Tet, and lavish vacations for those employees having huge Tet bonuses. But Tet is a big worry for those getting meager year-end rewards.

Businesses give more generous Tet bonuses this year

VietNamNet Bridge - The better business performance in 2015 has prompted businesses to give more handsome bonuses to their workers this Tet.

Big Tet bonuses expected this year, despite recession

The highest Tet bonus in Hanoi is expected to be VND86 million, offered by a foreign invested enterprise, while the figure is VND583 million in HCM City, according to local labor departments.

Educators urge amending circular to allow for more teacher recruitment

VietNamNet Bridge – Due to regulations on hiring civil service personnel, many general schools in Vietnam cannot recruit teachers despite high demand.

Workers value Tet bonuses

 VietNamNet Bridge – The idea of dropping the Tet bonus and improving worker welfare faces strong opposition from employees as the holiday is approaching.

Receiving Tet bonus, workers cry bitterly

 VietNamNet Bridge – In the hard times, many businesses give their employees special Tet gifts like sedge mats, doormats, chili sauce, shorts, incense and even screws.