Like other workers, teachers are looking forward to receiving Tet bonuses. Schools in remote areas promise a bonus of just hundreds of thousands of dong, while other schools offer a bonus of tens of millions of VND.

Schools across the country were trying to balance their spending to give gifts to encourage teachers during the upcoming Lunar New Year.

Nearly all provinces have reported their 2023 Tet (lunar New Year) bonus plans. Binh Duong is offering the highest Tet bonus, VND896 million.

Many enterprises in Vietnam are struggling to give Tet bonuses for their workers.

Many workers in Industrial Zoness in Binh Duong have had to leave for their hometown after being laid off or had their hours cut.

The layoff campaign occurring two months before the New Year holiday (Tet) has dealt a strong blow to many workers.

Many businesses plan to give their employees the longest possible 2023 Lunar New Year holiday. Some companies even plan to give workers nearly a month off because there are fewer jobs.

The biggest amount of money that Nguyen Thuy Hien, a primary school teacher, working as a teacher for 28 years, has received for Tet was VND500,000.

Businesses in banking, technology, and seaports will likely be able to keep Tet bonuses level with 2021 while other sectors, especialy tourism are likely to be lower than last year.

Many domestic enterprises are suffering serious losses or only fulfilling half of their annual plans due to the impact of the COVID-19 pandemic, but they are still managing to offer Tet (Lunar New Year) bonuses to their workers.

Though businesses have been hit hard by the Covid-19 pandemic, many will offer Tet bonuses equal to last year in an effort to retain workers.

Unlike football players who get year-round bonuses and high monthly salaries, professional athletes in other sports only have bonuses and rewards if they win medals at international tournaments.

V-League 2021 has been postponed because of the Covid-19 epidemic, so players have an early lunar New Year (Tet holiday). But many players are unhappy because they do not have a Tet bonus as usual.

The highest Tet bonus workers this year is VND1.07 billion, or over $41,000. The highest pay in 2020 was VND516 million a month.

The consumer price index (CPI) has increased by 22 percent compared with July 2013, when the 2012 amended PIT Law took effect. However, the taxation threshold remains unchanged.

Phan Thi Tu, a textile factory worker in Binh Tan District, HCM City, has welcomed Tet (Lunar New Year) far from home for three years, and 2020 will be no different.

More than 1,000 workers from a foreign-invested Taiwanese company in the northern province of Ninh Binh have returned to work after three-day strike over low Tet bonuses.

A foreign-invested firm in HCM City has announced to offer New Year bonuses of up to VND3.5 billion (USD152,173) per person.

Most workers are looking forward to receiving their Tet bonuses at this time of year, but a recent revision to the Labour Code has got them worried about what future Lunar New Year bonuses will have to offer.