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Average Tet bonus jumps 11.4 percent

Average Tet bonus jumps 11.4 percent

Bonuses for the upcoming Tet (Lunar New Year) at most companies nationwide are worth one month’s salary on average, which is around 6.3 million VND (271.68 USD), or 11.4 percent higher than 2018.

Tet bonus in Ho Chi Minh City rises 25 percent

Tet bonus in Ho Chi Minh City rises 25 percent

The average bonus for the upcoming Tet (Lunar New Year) in Ho Chi Minh City has been reported at more than 10.3 million VND (444.47 USD), a 25 percent rise compared to last year, according to the municipal Department of Labour, Invalids, and Social Affairs.

HCM City plans to increase salary for kindergarten teachers

HCM City plans to increase salary for kindergarten teachers

The Ho Chi Minh City People’s Committee has petitioned the municipal People’s Council to increase salary and allowances to raise incomes for kindergarten teachers to encourage them to continue working as the city has seen a year-by-year increase of kindergarten teachers quitting their jobs.

Civil servants’ monthly basic salary goes up

Civil servants’ monthly basic salary goes up

The monthly basic salary for civil servants, public employees and those working in the armed forces will be raised to VND1.3 million (US$57.16) from July 1, following the newly issued Decree 47/2017/ND-CP of the Government.

Civil servants base salary up 5%

Civil servants base salary up 5%

The monthly base salary for civil servants, public employees and those working in the armed forces has been officially stipulated to go up by 5% to VND1.21 million (nearly US$54), following a newly-signed Government decree.

HCM City: 2016 Tet bonuses expected to be higher

HCM City: 2016 Tet bonuses expected to be higher

Tet bonuses for workers in HCM City in 2016 are expected to be higher than a year ago, with the average bonus equal to one month of salary, according to a report released by the city's Department of Labour, Invalids and Social Affairs.

Firms gripe that minimum wage too high

Firms gripe that minimum wage too high

Companies are complaining that the planned 12.4% increase in Vietnam's minimum wage next year will raise costs and force some firms out of business.