Tet bonus

Update news Tet bonus

Schools aim to have Tet bonuses for teachers

Like other workers, teachers are looking forward to receiving Tet bonuses. Schools in remote areas promise a bonus of just hundreds of thousands of dong, while other schools offer a bonus of tens of millions of VND.

Schools arranging Tet bonus for teachers in remote areas

Schools across the country were trying to balance their spending to give gifts to encourage teachers during the upcoming Lunar New Year.

Highest Tet bonus is US$39,000

Nearly all provinces have reported their 2023 Tet (lunar New Year) bonus plans. Binh Duong is offering the highest Tet bonus, VND896 million.

Employers sell private assets to offer Tet bonuses to workers

Many enterprises in Vietnam are struggling to give Tet bonuses for their workers.

Factory workers lose jobs before Tet, leave for hometowns

Many workers in Industrial Zoness in Binh Duong have had to leave for their hometown after being laid off or had their hours cut.

2023 Tet holiday: no bonuses for thousands of workers

The layoff campaign occurring two months before the New Year holiday (Tet) has dealt a strong blow to many workers.

Workers’ Tet holiday may last one month

Many businesses plan to give their employees the longest possible 2023 Lunar New Year holiday. Some companies even plan to give workers nearly a month off because there are fewer jobs.

Teachers paint murals, sell sweets to get money for Tet holiday

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.