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[BUSINESS] · Vietnam · 2 sources

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Ho Chi Minh City encourages early Tet bonuses for workers

Ho Chi Minh City is encouraging businesses to distribute Tet bonuses during November and December. The initiative aims to stimulate consumer demand by allowing workers to shop while prices are more manageable.

Many workers in industrial zones, such as VSIP 2, Linh Trung 1, and Tan Binh, expressed a desire for early payments to better manage expenses like travel, gifts, and school fees. Early bonuses would allow employees to plan their spending and avoid the price surges typically seen closer to the holiday.

While the policy is viewed positively by laborers, some business leaders noted that the timing of bonuses depends on production schedules, business performance, and the need to maintain sufficient staffing levels during the year-end period.