Rumor has it that Hung Thinh Corporation pays salaries with vouchers

Accordingly, the content of this notice clearly states that from March 1, the monthly income of officers and employees will be paid in cash as usual or in vouchers. Officers and employees who want to receive their salary in cash or by bank transfer from the company will base on the actual salary cash flow plan and may be 2-5 working weeks later than the regulation.

If an employee wants to receive a salary voucher, they will receive 110% of their net salary after tax and deductions related to health insurance, social insurance... The voucher value is a multiple of 100,000 VND...

After this information, a reporter from Nguoi Lao Dong Newspaper contacted a representative of Hung Thinh Corporation, who said that Hung Thinh Corporation did not have any documents published or sent to employees with the content as spread online. Therefore, the company has not had any official information about this matter.

Further discussion with an employee working at the company showed that this person had not received any such notice and according to practice, if there was a notice, it would be sent via email to all officers and employees.

A project that Hung Thinh Corporation has implemented in Binh Dinh

In fact, during this period, any information related to the difficulties of real estate businesses is of interest, rumored and commented upon.

According to Mr. Le Hoang Chau, Chairman of the Ho Chi Minh City Real Estate Association, recently, many real estate enterprises have had to drastically restructure, restructure investments, change business plans, stop, postpone investment activities, project construction, stop IPO; have to reduce production scale, transfer some projects but still cannot find investors. Some enterprises have had to cut human resources, some units even reduce up to 50% of employees, reduce salaries by 30-50%, and do not have Tet Quy Mao bonuses.

Although real estate businesses have large total assets and have implemented many measures to deeply reduce selling prices, increasing discounts by 45-50%, it is still very difficult to sell products because there are almost no buyers, leading to a lack of cash, negative cash flow, and serious lack of liquidity.

Source: https://nld.com.vn/truy-vet-mang-xa-hoi/ro-thong-tin-tap-doan-hung-thinh-tra-luong-bang-voucher-20230215224650174.htm