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Tet bonus

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HCMC real estate agencies struggle to pay Tet bonuses

HCMC real estate agencies struggle to pay Tet bonuses

Many owners of real estate agencies in HCMC have had to mortgage their personal assets to pay salaries, bonuses and debts as the Lunar New Year holiday approaches.
600 workers strike for better pay at Japanese company

600 workers strike for better pay at Japanese company

Over 600 Ho Chi Minh City workers have halted work for the last two days in protest of their Japanese employer Toyo Precision’s announcement it would give them a minimum year-end bonus of only VND100,000 ($4.27).
January 13, 2023 | 04:22 pm PT
Tet bonuses: bad rewards for good performances?

Tet bonuses: bad rewards for good performances?

In Vietnam, the process of determining Tet bonuses is too subjective and non-transparent. It guarantees dissatisfied employees no matter what the payout. We can and should do better.
January 26, 2022 | 06:17 pm PT
There should be no Tet bonuses

There should be no Tet bonuses

Workers should be paid in accordance with their abilities each month instead of a huge sum as Tet bonus at the end of the year.
January 17, 2022 | 06:49 pm PT
Tet bonus fails to deliver festive cheer in major cities

Tet bonus fails to deliver festive cheer in major cities

Some festive cheer is missing in major cities and industrial hubs, with scant to no Tet (Lunar New Year) bonus being paid to workers because of pandemic impacts.
January 16, 2022 | 05:00 am PT
Half of HCMC businesses to struggle to pay Tet bonus

Half of HCMC businesses to struggle to pay Tet bonus

Half of HCMC’s companies will have difficulty paying their workers Tet bonuses since their business was hit severely by the Covid-19 outbreak, a survey has found.
January 9, 2022 | 10:16 pm PT
Thousands strike work after Nike supplier cuts Tet bonus

Thousands strike work after Nike supplier cuts Tet bonus

Thousands of workers of Taiwanese-invested footwear maker Pouchen Vietnam, a Nike contract manufacturer, struck work Friday, demanding the same Tet bonus as last year.
January 7, 2022 | 07:59 pm PT
HCMC companies hope to pay year-end bonuses despite Covid woes

HCMC companies hope to pay year-end bonuses despite Covid woes

Many companies in HCMC have been hit hard by the Covid-19 pandemic and even suffered losses, but are still on course to pay year-end and Tet bonuses to employees.
November 29, 2021 | 04:30 pm PT
Average Tet bonus down 5 pct

Average Tet bonus down 5 pct

Companies in Vietnam will pay employees an average Tet bonus of VND6.36 million ($276) this year, a 5 percent decline from last year.
February 2, 2021 | 09:25 pm PT
Average Tet bonus is $288 this year

Average Tet bonus is $288 this year

Companies in Vietnam will pay employees an average Tet bonus of VND6.71 million ($288) this year, a 7.1 percent increase from last year.
January 5, 2020 | 06:58 pm PT
 
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