Salaries and year-end bonuses awarded by enterprises in Ho Chi Minh City for the New Year rose by 20% last year, compared to 2006, reported the city’s Department of Labor, War Invalids and Social Affairs yesterday.
Based on statistics from 1,000 local, foreign-invested enterprises and those operating in industrial and export processing zones in HCMC, the average salary last December at companies operating under the domestic enterprise law was VND2.3 million (US$143.7) per person.
It was only VND2.1 million (US$131) in 2006.
At 220 foreign-invested companies, it was over VND2.6 million (US$162.5), up VND500,000 (US$31.25) over December 2006.
The year-end bonus awarded by local companies was VND2.1 million per staff, up 28.7 percent year-on-year.
Particularly, it climbed to VND56.4 million (US$3,525) at commercial joint-stock banks.
But enterprises having less than 100 staff offered bonuses of just VND50,000 (US$3) on average.
At foreign-invested enterprises, the year-end bonus rose to VND2.2 million (US$137.5) in general but the rate remained low – about VND849,000 (US$53) at foreign-invested firms specializing in clothing, footwear, and textiles.
Meanwhile, it was highest at Information Technology companies, about VND240 million (US$15,000) per person.
Domestic enterprises in industrial and export processing zones awarded VND1.3 million (US$81.25), a rise of 23.8 percent while foreign-invested ones there VND1.7 million (US$106), up 17.2 percent.
The highest bonus at enterprises in IZs and EPZs is VND114 million (US$7,125) a person and the lowest VND650,000 (US$40.6).
