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Vietnam's highest Tet bonus reaches $75,100
The highest Tet bonus in Vietnam this year has been recorded at VND1.908 billion ($75,162), while the nationwide average stands at VND7.7 million, according to the Ministry of Labor, Invalids and Social Affairs.
Nguyen Van Hoi, deputy labor minister, said at a Wednesday government press meeting that the record bonus was awarded to a senior manager at a foreign-invested tech company in Ho Chi Minh City.
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A worker at the Tan Thuan Export Processing Zone in HCMC. |
The average Tet bonus nationwide has increased by 13% compared to last year.
The average New Year bonus was reported at VND1.46 million per person, equivalent to 79% of last year's figure. The highest New Year bonus, at VND1.8 billion ($70,908), went to a senior manager at a foreign-invested food retail company, also in HCMC.
Average monthly salaries in 2024 rose 4% year-on-year to VND8.8 million, according to the ministry.
This year's Tet holiday, Vietnam's longest and most significant celebration, will span nine days, from Jan. 25 to Feb. 2.
BAC GIANG - In order to recognize the contributions and dedication of employees, the Board of Directors of Newwing Interconnect Technology Co., Ltd in Van Trung Industrial Park of Bac Giang province will spend a total profit of more than 145.1 billion VND (6 million USD) to give Tet bonus for workers on the occasion of the Lunar New Year 2025.
As the Lunar New Year Festival (Tet) is approaching, National Assembly (NA) Chairman Tran Thanh Man on January 4 visited and handed over gifts to armed forces, families of revolutionary contributors, poor residents, and those affected by typhoon Yagi in the northern mountainous province of Yen Bai.
The highest Tet bonus in Hanoi this year stands at VND311 million ($12,203), awarded by a foreign direct investment (FDI) enterprise, according to the Hanoi Department of Labor, Invalids and Social Affairs.
Ho Chi Minh City is hosting a countdown and Tet (Lunar New Year) festival in Thu Duc city from December 28 to January 1.
The highest bonus to be paid by any HCMC employer for the upcoming Lunar New Year is VND1.9 billion (US$74,600).
BAC GIANG - The highest bonus for the Lunar New Year 2025 is 185 million VND (7,780 USD) given to employee at a foreign-invested enterprise in industrial parks in Bac Giang province, reported the Department of Labor, Invalids and Social Affairs (DOLISA). This is the bonus level for Vietnamese labour with outstanding achievements.
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