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Update news Tet bonuses
Minister of Labour, Invalids and Social Affairs Dao Ngoc Dung talks to Sài Gòn Giải Phóng (Liberated Sài Gòn) newspaper about Tet bonuses for workers under the impact of COVID-19.
Workers in HCM City and many provinces will get 1-5 per cent higher Tet (Lunar New Year) bonuses than last year, according to labour authorities.
The HCM City Labour Federation and trade unions plan to provide free bus, train and flight tickets to 35,500 disadvantaged workers to visit home for Tet (Lunar New Year) in late January next year.
VietNamNet Bridge – This year’s year-end bonuses at enterprises nationwide are expected to be higher than last year. The average bonus is expected to be higher than the usual one month’s salary,
VietNamNet Bridge – Tet (Lunar New Year) bonuses in HCM City are expected to rise 10.8 per cent compared to last year, with the average bonus being VND8.3 million (US$364),
VietNamNet Bridge - Many Vietnamese working for Vietnamese-owned enterprises can receive sky-high bonuses of up to hundreds of billions of dong.
VietNamNet Bridge – Pham Minh Huan, deputy minister of Labour, Invalids and Social Affairs, spoke to Thoi bao Kinh te Viet Nam (Viet Nam Economic Times) about Tet bonuses this year.
VietNamNet Bridge – At least 15 enterprises at industrial parks (IPs) and export processing zones (EPZs) in HCMC are unlikely to offer their employees bonuses for the upcoming Lunar New Year holiday (Tet) due to financial difficulties.
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Most years during Tet Vietnam's successful athletes can expect generous bonuses, but those who have failed to bring home prizes often get little to nothing.
VietNamNet Bridge – The Minister of Education and Training, Pham Vu Luan, said “It will be very difficult for the education and training sector to offer Tet bonuses to its staff”, adding that the state will not be able to provide these funds.
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VietNamNet Bridge – Amid economic difficulties, around 90% of banks may not make their targets for profits this year, which will also affect their Tet bonuses.