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Ho Chi Minh City has attracted more than US$1 billion, both new and adjusted capital, to its industrial parks so far this year, surpassing its plan by 83.57 per cent, the HCM City Export Processing and Industrial Zones Authority (HEPZA) said on December 27.
While the Tết bonus is not mandatory according to the Labour Code, it goes beyond financial support and acts as an effective instrument to boost workers’ spirit, productivity and retention rate.
EPZA says it is committed to create, avail and retain employment opportunities.
A visiting EU delegation last night told garment factory owners’ association BGMEA that it was dissatisfied over the delays in implementation of the National Action Plan for improving labour rights.
HCM City is carrying out a survey of more than 15,000 firms, cooperatives, and business households as part of its 2023 Department and District Competitiveness Index (DDCI).