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Bolivia: tax-free, up to one month's wages. A 14th-month bonus is mandatory as a holiday bonus if GDP growth is over 4.5 percent. Brazil: paid in two equal parts, typically by 30 November and 20 December. A mandatory 14th-month bonus is called a "holiday bonus" and is paid in the subsequent month.
The minimum wage set by the government for 2025 is $470 per month without social benefits. Workers receive mandatory 13th and 14th salaries, paid vacations and reserve funds equal to an additional salary after one year of continuous work. [83] 7,124: 11,679. 40 3.43: 5.61. 103.9 % 1 Jan 2025 Egypt
Every employer shall grant to an employee who has been in continuous employment with the same employer for: (a) a period of 1 to 6 years - annual leave on full pay at the rate of 1.25 working days per month for each year of employment; or (b) a period of 7 to 19 years - annual leave on full pay at the rate of 1.75 working days per month for ...
Anhao Paper Factory, 1961. South Vietnam had a small industrial sector and fell far behind other countries in the region in this respect. [1] Output increased 2.5 to 3 times over the 20 years of the country's existence, but the share in total GDP remained at only around 10%, even dropping to 6% in some years, while the economy was dominated by strong agricultural and service sectors. [1]
The Government of the Socialist Republic of Vietnam (Vietnamese: Chính phủ nước Cộng hòa xã hội chủ nghĩa Việt Nam; less formally the Vietnamese Government or the Government of Vietnam, Vietnamese: Chính phủ Việt Nam) is the cabinet and the central executive body of the state administration of Vietnam. The members of the ...
This year, the U.S. International Trade Commission renewed anti-dumping duties of 25.76% on frozen farmed shrimp from Vietnam, but duties on shrimp from Thailand, a market economy, are only 5.34%.
Prior to 2007, Vietnamese workers observed 8 days of public holiday a year, among the lowest in the region. On 28 March 2007 the government added the traditional holiday commemorating the mythical Hùng kings to its list of public holidays, [1] increasing the number of days to 10. From 2019, Vietnamese workers have 13 public holidays a year. [2]
GDP per capita development in Vietnam. The economy of Vietnam is a developing mixed socialist-oriented market economy. [3] It is the 33rd-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living.