Update: 17:50 | 03/01/2019
Lunar New Year (Tet) bonuses for workers in businesses in southern Binh Duong province will increase by some 10 percent from last year, according to a recent survey.
The survey of 244 enterprises, conducted by the provincial Department of Labour, Invalids and Social Affairs, shows that the highest bonus, 120 million VND (5,142 USD) per person, will be provided by a foreign-invested firm. Meanwhile, 1.5 million VND each will be the lowest level.
Tet bonuses for workers in businesses in Binh Duong province will increase by some 10 percent from last year.
Deputy Director of the department Pham Van Tuyen said most businesses based in Binh Duong aim to raise salaries and give bonuses to their employees this year.
Many of them also plan to present gifts and bus tickets to help workers return to their hometowns for Tet, the biggest traditional festival of Vietnam that falls in early February this year.
That will help improve workers’ lives and build strong labor relations, Tuyen added.
Binh Duong is a major industrial hub in the southern key economic region. It currently houses 29 industrial parks and 12 industrial clusters. The province is home to nearly 3,500 foreign-invested projects with total registered capital of more than 31.7 billion USD, ranking third just behind the southern economic hub Ho Chi Minh City and the capital city Hanoi.