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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 ...
Vietnam’s GDP grew by 7.09% in 2024, ahead of government forecasts of 6.5%. Yet Vietnam’s trade surplus with the U.S. could put it at risk of new tariffs.
In light of the Đổi Mới (market reforms) adopted by Vietnam beginning on 18 December 1986 and the collapse of the Eastern Bloc, Vietnam adopted a new constitution in April 1992. The 1992 constitution adopted a "socialist oriented market economy", which allowed the development of private economic sectors, but it largely retained the ...
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]
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%.
The Government is led by the Communist Party of Vietnam (CPV), which is headed by the CPV general secretary, often seen as the highest political post in Vietnam. The current government is the Government of Phạm Minh Chính (also known as the Government of the 15th National Assembly), which was established in accordance with the 2013 ...