Highest Tet bonus in Binh Duong Province is $8,782

The highest bonus in the southern province of Binh Duong for the coming Tet (Lunar New Year) has been reported to be $8,782 at a foreign-invested business, the province labor department has announced.

Workers of Bower Vietnam textile company in the southern province of Binh Duong are working in the factory (Photo: SGGP)

The province Department of Labor, War Invalids and Social Affairs released information on bonus payment by about 200 businesses that employ 80,000 employees.

Accordingly, enterprises announced that bonus for the Tet holiday will increase by 10-15 percent compared to last year with the highest bonus that for the New Year is VND200 million ($8,782), which was recorded at a foreign-invested enterprise.

Meanwhile, the bonus for the coming Lunar New Year is lowest equaling to one month salary for those has one year working time in the company which has been offered by a private business.

The highest bonus for Tet holiday in State-run companies is VND82 million while private companies is VND30 million.

The Department added that some enterprises will announce bonus for Tet holiday at the end of 2016. It is hoped that more businesses will give high bonus to employees.

By Xuan Trung – translated by Uyen Phuong

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