Nguyen Van Hoi, Deputy Minister of Labour, Invalids, and Social Affairs, provided the information during Wednesday’s government meeting.
Hoi estimated that the average monthly salary of workers in 2024 would reach approximately VND8.88 million, a 4 percent increase from 2023. Specifically, the monthly salary is VND10.91 million at state-owned one-member limited liability companies, VND8.1 million at private firms, and VND9.28 million at foreign-invested firms.
Hoi added that the average Tet bonus is VND7.72 million per person, up 13 percent against last year.
The highest Tet bonus is VND1.9 billion, offered a senior management position at a foreign-invested company in the electronics and information technology sector in HCM City.
The highest bonus for the 2025 New Year is VND1.8 billion, which also belongs to a foreign-invested wholesale business based in HCM City.