Ministry of Labor, Invalids and Social Affairs announces salary and bonus for Tet 2013

On January 23, the Ministry of Labor, Invalids and Social Affairs held a press conference to announce the 2013 Tet salary and bonus levels. Accordingly, the general summary data on the average salary of employees in enterprises is estimated at 4.3 million VND/month, an increase of 12% compared to 2011 (3.84 million VND/month).

Specifically: State-owned single-member LLCs average 5.8 million VND/month; enterprises with controlling shares and capital contributions from the State are 5.5 million VND/month; private enterprises are 3.6 million VND/month; enterprises with foreign investment capital (FDI) are 3.8 million VND/month.

Regarding the 2013 New Year bonus for employees, the average level is 1.1 million VND/person (equal to about 1/3 of a month's salary), an increase of 18% compared to the 2012 New Year. The average Lunar New Year bonus is about 3.5 million VND/person, an increase of about 8.7% compared to the previous year.

According to Hanoi Moi -TH