What day in the Gregorian calendar is the 28th of Lunar calendar in 2024 in Vietnam? What is the bonus for employees on the Lunar New Year holiday in 2024 in Vietnam?

What day in the Gregorian calendar is the 28th of Lunar calendar in 2024 in Vietnam?

The Lunar New Year holiday is the biggest festival of the year for Vietnamese people.

As regulations above, the 28th of Lunar calendar is on February 7th 2024.

What is the bonus for employees on the Lunar New Year holiday in 2024 in Vietnam?

Pursuant to Article 104 of the Labor Code in 2019 stipulating bonuses as follows:

Bonuses

1. A bonus means an amount of money, a piece of property or item that is provided by an employer for his/her employees on the basis of the business performance or the employees’ performance.

2. A bonus regulation shall be decided and publicly announced at the workplace by the employer after consultation with the representative organization of employees (if any).

As regulations above, the bonus for employees on the Lunar New Year holiday shall be decided and publicly announced at the workplace by the employer after consultation with the representative organization of employees (if any).

Therefore, the bonus for employees on the Lunar New Year holiday shall be provided by an employer for his/her employees on the basis of the business performance or the employees’ performance.

What is the overtime pay for employees on the Lunar New Year holiday in 2024 in Vietnam?

Pursuant to Article 98 of the Labor Code in 2019 stipulating overtime pay, night work pay as follows:

Overtime pay, night work pay

1. An employee who works overtime will be paid an amount based on the piece rate or actual salary as follows:

a) On normal days: at least 150%;

b) On weekly days off: at least 200%;

c) During public holidays, paid leave, at least 300%, not including the daily salary during the public holidays or paid leave for employees receiving daily salaries.

2. An employee who works at night will be paid an additional amount of at least 30% of the normal salary.

3. An employee who works overtime at night will be paid, in addition to the salary specified in Clause 1 and Clause 2 of this Article, an amount of at least 20% of the day work salary of a normal day, weekend or public holiday.

4. The Government shall elaborate this Article.

As regulations above, the employees working on the Lunar New Year holiday in 2024 will be paid an amount of at least 300% based on the piece rate or actual salary, not including the daily salary during the public holidays or paid leave for employees receiving daily salaries.

Note: Above is the overtime pay for employees at daytime.

What are rules for salary payment in Vietnam?

Pursuant to Article 94 of the Labor Code in 2019 stipulating rules for salary payment as follows:

Salary payment rules

1. Employers shall directly, fully and punctually pay salaries to their employees. In the cases where an employee is not able to directly receive his/her salary, the employer may pay it through a person legally authorized by the employee.

2. Employers must not restrict or interfere their employees’ spending of their salaries; must not force their employees to spend their salaries on goods or services of the employers or any particular providers decided by the employers.

As regulations above, rules for salary payment in Vietnam are as follows:

- Employers shall directly, fully and punctually pay salaries to their employees.

In the cases where an employee is not able to directly receive his/her salary, the employer may pay it through a person legally authorized by the employee.

- Employers must not restrict or interfere their employees’ spending of their salaries;

- Employers must not force their employees to spend their salaries on goods or services of the employers or any particular providers decided by the employers. 

Best regards!