Labor - Employment

The highest Lunar New Year bonus in the country is 1.9 billion VND

TH (according to VnExpress) January 8, 2025 17:46

The average national bonus for the Lunar New Year 2025 is 7.7 million VND, with the highest person receiving 1.908 billion VND, according to Deputy Minister Nguyen Van Hoi.

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Electronic workers in Tan Thuan Export Processing Zone during working hours

At the Government press conference on the afternoon of January 8, Deputy Minister of Labor, War Invalids and Social Affairs Nguyen Van Hoi said that the person receiving the highest Lunar New Year bonus for 2025 is a senior manager at a foreign-invested enterprise in the electronics and technology sector in Ho Chi Minh City.

Compared to last year, the average bonus this year is 13% higher. Of which, the average bonus of a single-member LLC with 100% state capital is VND7.66 million/person; foreign-invested enterprises are VND8.24 million/person.

The average New Year bonus is 1.46 million VND/person, equal to 79% compared to last year. Of which, the bonus at a single-member LLC with 100% state capital is 1.95 million VND/person; at a private enterprise it is 1.13 million VND/person; and at a foreign-invested enterprise it is 2.01 million VND/person.

The highest Lunar New Year bonus of VND1.8 billion belongs to a senior manager at a foreign-invested enterprise in the food wholesale sector in Ho Chi Minh City.

According to Deputy Minister Hoi, the average salary in 2024 will reach 8.88 million VND/month, an increase of 4% compared to 2023.

Article 104 of the Labor Code stipulates that bonuses are money, assets or other forms that employers reward employees based on production and business results and work completion levels. Bonus regulations are decided by business owners and publicly announced at the workplace after consulting with the labor representative organization at the facility.

This year, workers will have 9 days off, from December 26 to January 5 (January 25 - February 2, 2025).

TH (according to VnExpress)
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The highest Lunar New Year bonus in the country is 1.9 billion VND