Da Nang's highest Tet bonus drops 30%

By Nguyen Dong   December 18, 2024 | 05:11 pm PT
Da Nang's highest Tet bonus drops 30%
Workers at a textile company in Da Nang in 2024. Photo by VnExpress/Nguyen Dong
The highest bonus for the upcoming Lunar New Year (Tet) in Da Nang is VND700 million ($27,501), a 30% decrease compared to last year's record of VND1 billion.

The Da Nang Department of Labor, Invalids and Social Affairs announced on Tuesday that the top Tet bonus among 135 surveyed businesses in the city is lower than the record of VND1.432 billion in 2022 and VND1 billion in 2023.

The holiday starts in late January 2025.

The bonus is around 466 times higher than the top New Year bonus of VND1.5 million.

Foreign-invested businesses reported the highest New Year bonus at VND223.1 million and the second-highest Tet bonus at VND475.5 million.

As of Tuesday, nine localities in Vietnam have revealed their Tet bonus figures for 2025. Da Nang, often regarded as Vietnam's third most significant city, after Hanoi and Ho Chi Minh City, currently leads with the highest bonus, followed by Long An at VND519 million.

Hanoi and Ho Chi Minh City have yet to announce their Tet bonuses.

 
 
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