Courtney Pocock
By Courtney Pocock

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Average Salary in Vietnam Guide (2026): By Sector & Region

Vietnamโ€™s labour market is one of the fastest-growing in Southeast Asia. With over 52 million people in the workforce, a young population (median age around 31), and rapid economic expansion targeting 10% GDP growth in 2026, the country has become a top destination for international companies hiring tech, manufacturing, and services talent.

For employers considering hiring in Vietnam, whether through a local entity or an Employer of Record, understanding real salary levels is essential for budgeting, making competitive offers, and calculating total employment costs including mandatory social insurance contributions.

This guide breaks down average salaries in Vietnam for 2026, covering national averages, regional differences, sector-by-sector data, experience-based progression, mandatory employer contributions, and how Vietnam compares to neighbouring ASEAN markets.

๐Ÿ’ก Employsome Insight: The Headline Average Understates Professional Salaries

Vietnamโ€™s national average salary of approximately 8.7 million VND/month (~$340 USD) is heavily skewed by low-paying agricultural and informal sector jobs, which still employ a large portion of the workforce. If you are hiring skilled professionals in Hanoi or Ho Chi Minh City, expect salaries 50โ€“100% higher than the national average. Always benchmark against sector and city data, not the headline figure.

National Average Salary in Vietnam (2026)

National Average Salary in Vietnam (2026)

According to data from the General Statistics Office (GSO) and Trading Economics, the average monthly wage in Vietnam reached approximately 8,684,000 VND (around $340 USD) in Q4 2025, continuing an upward trend of approximately 9โ€“10% year-on-year wage growth. For 2026, wages are expected to continue rising, driven by foreign investment inflows, tightening labour markets in urban centres, and the 7.2% minimum wage increase effective 1 January 2026.

Metric

Value (2026 Estimate)

National average monthly salary

~8.7 million VND (~$340 USD)

Median monthly salary (professional roles)

~14.9 million VND (~$580 USD)

Salary range (all sectors, incl. bonuses)

4.4 million to 76.9 million VND/month

Average annual salary (incl. 13th month)

~113 million VND (~$4,400 USD)

Year-on-year wage growth

~9.5% (2024โ€“2025 trend)

The gap between the national average and median salary in professional roles reflects the dual nature of Vietnamโ€™s economy. Agricultural, informal, and low-skilled manufacturing roles pull the average down, while IT, finance, and professional services roles in major cities command significantly higher pay.

Average Salary by City and Region

Average Salary by City and Region

Salaries in Vietnam vary significantly by geography. The two dominant economic centres, Hanoi and Ho Chi Minh City (HCMC), command the highest wages, followed by secondary cities like Da Nang, Hai Phong, and Can Tho.

City / Region

Avg. Monthly Salary Range

Notes

Ho Chi Minh City

12โ€“18 million VND

Highest salaries nationally. Strong tech, finance, and services sectors.

Hanoi

12โ€“17 million VND

Government, tech, and professional services hub. Slightly below HCMC for private sector.

Da Nang

10โ€“15 million VND

Growing tech and tourism hub. Lower cost of living than Hanoi/HCMC.

Hai Phong

9โ€“14 million VND

Major port city. Manufacturing and logistics focus.

Can Tho

8โ€“12 million VND

Mekong Deltaโ€™s economic centre. Agriculture and food processing.

Rural areas

6โ€“10 million VND

Agriculture-dominated. Significantly lower cost of living.

The income gap between urban and rural areas is approximately 39%, with workers in major cities earning an average of around 10.1 million VND compared to approximately 7.3 million VND in rural regions. This gap directly affects recruitment costs and the competitiveness of salary offers.

๐Ÿ’ก Employsome Insight: Location Determines Your True Hiring Cost

If you are hiring a software developer in HCMC through an EOR, expect to pay 20โ€“40 million VND/month (approximately $800โ€“$1,600 USD) depending on seniority. This is 2โ€“3x the national average. When comparing EOR quotes for Vietnam, always specify the city and role to get accurate cost estimates. A provider quoting based on national averages will significantly understate your real costs.

Average Salary by Sector

Average Salary by Sector

Vietnamโ€™s salary landscape varies dramatically across industries. The technology sector commands the highest salaries, driven by strong demand from both domestic tech companies and foreign outsourcing operations. Manufacturing, while employing a large share of the workforce, pays considerably less.

Sector

Avg. Monthly Salary

Senior / Manager Level

IT / Software Development

20โ€“40 million VND

50โ€“100+ million VND (CTO/VPoE: ~101 million VND)

Finance / Banking

15โ€“30 million VND

40โ€“80 million VND

Pharmaceuticals / Healthcare

15โ€“25 million VND

30โ€“80 million VND (specialists)

Construction / Engineering

12โ€“20 million VND

24โ€“47 million VND (project managers)

Sales / Marketing

10โ€“20 million VND

30โ€“60 million VND + commission

Tourism / Hospitality

8โ€“15 million VND

29โ€“80 million VND (hotel/restaurant managers)

Manufacturing (skilled)

8โ€“12 million VND

15โ€“25 million VND

Manufacturing (unskilled)

5โ€“8 million VND

N/A

Education

8โ€“15 million VND

15โ€“30 million VND (international schools higher)

Agriculture

4โ€“7 million VND

8โ€“12 million VND

The IT sector stands out dramatically. According to the ITviec 2025/2026 IT Salary Report, CTO and VPoE positions command a median salary of approximately 101.25 million VND per month. Even mid-level backend developers earn 30โ€“55 million VND, with data engineers reaching 57 million VND at 3โ€“4 years of experience.

๐Ÿ’ก Employsome Insight: Vietnamโ€™s IT Salaries Are Rising Fast

Salary growth in high-demand IT roles has reached up to 25% year-on-year for specialised positions in AI, data engineering, and cybersecurity. If you are hiring Vietnamese developers to save costs compared to Western markets, the savings are still significant (often 60โ€“70% lower than US salaries for equivalent roles), but the gap is narrowing. Lock in compensation benchmarks early and build annual increments of 10โ€“15% into your budget to retain talent.

Average Salary by Experience Level

Average Salary by Experience Level

Experience is one of the strongest determinants of salary in Vietnam. Vietnamese workers typically receive a salary increment of approximately 9% every 17 months, which is notably higher than the global average of 3% every 16 months.

Experience Level

Typical Monthly Salary Range

Fresh graduate (0โ€“1 year)

6โ€“10 million VND

Junior (1โ€“3 years)

10โ€“18 million VND

Mid-level (3โ€“5 years)

15โ€“30 million VND

Senior (5โ€“10 years)

25โ€“50 million VND

Manager / Director (10+ years)

40โ€“100+ million VND

These ranges vary significantly by sector. A senior software developer with 7 years of experience in HCMC may earn 50โ€“60 million VND, while a senior manufacturing supervisor with similar tenure may earn 18โ€“25 million VND.

Minimum Wage in Vietnam (2026)

Minimum Wage in Vietnam (2026)

Vietnam operates a four-region minimum wage system under Decree 293/2025/ND-CP, effective 1 January 2026. The 2026 increase averages 7.2% across all regions.

Region

Monthly Minimum

Hourly Minimum

Key Areas

I

5,310,000 VND (~$210)

25,500 VND/hour

Hanoi, HCMC, Hai Phong, Da Nang

II

4,730,000 VND (~$180)

22,700 VND/hour

Most of Binh Duong, Dong Nai, Can Tho

III

4,140,000 VND (~$157)

20,000 VND/hour

Parts of Hai Duong, Khanh Hoa, Long An

IV

3,700,000 VND (~$142)

17,800 VND/hour

Rural and less industrialised areas

Employees with vocational training qualifications must be paid at least 7% above the regional minimum for their area. For employers operating in industrial zones or export processing zones that span multiple regions, the highest applicable minimum wage must be applied.

Non-compliance penalties range from 20 million to 75 million VND depending on the number of employees affected.

Employer Social Insurance and Mandatory Contributions

Employer Social Insurance and Mandatory Contributions

On top of gross salary, employers in Vietnam must contribute to social insurance (SI), health insurance (HI), unemployment insurance (UI), and the trade union fund. These mandatory contributions add approximately 21.5โ€“23.5% to the total employer cost, depending on whether the employee is Vietnamese or foreign and whether a grassroots trade union has been established.

Contribution

Employer Rate

Employee Rate

Notes

Social Insurance (retirement, sickness, maternity, work injury)

17.5%

8%

Capped at 20x reference salary

Health Insurance

3%

1.5%

Capped at 20x reference salary

Unemployment Insurance

1%

1%

Vietnamese employees only. Capped at 20x regional minimum wage.

Trade Union Fund

2%

0.5%*

*Employee rate increased to 0.5% from July 2025 (previously 1% only if union exists)

Total (Vietnamese employee)

23.5%

11%

Total (Foreign employee)

20.5%

9.5%

No UI for foreign employees

For a Vietnamese employee earning a gross salary of 20 million VND/month, the employerโ€™s additional mandatory cost is approximately 4.7 million VND/month (23.5%), bringing the total employer cost to approximately 24.7 million VND/month before any EOR fees.

๐Ÿ’ก Employsome Insight: The 13th Month Salary Is Not Legally Required but Culturally Expected

While Vietnamโ€™s Labour Code does not mandate a 13th month salary, it is standard practice across virtually all professional roles and multinational employers. The Tแบฟt (Lunar New Year) bonus is also widely expected and typically ranges from one to three monthsโ€™ salary. Companies that skip these payments often struggle with retention, even when base pay is competitive. When calculating total annual cost per employee, add at least 1.5โ€“2 months of salary for bonuses on top of the 12 months of gross pay and employer contributions.

How Does Vietnam Compare to Other ASEAN Markets?

How Does Vietnam Compare to Other ASEAN Markets?

Vietnam remains one of the most cost-competitive hiring markets in Southeast Asia, though the gap with neighbouring countries is narrowing as wages rise.

Country

Avg. Monthly Salary (USD)

Employer SI Rate

Min. Wage (USD/month)

Vietnam

~$340 (national avg.)

21.5โ€“23.5%

$142โ€“$210

Philippines

~$350โ€“$400

~12โ€“14%

$200โ€“$280

Indonesia

~$300โ€“$380

~15โ€“18%

$130โ€“$260 (varies by province)

Thailand

~$500โ€“$600

~5โ€“6%

~$310โ€“$350

Malaysia

~$700โ€“$900

~13โ€“15%

~$380 (RM1,700)

Singapore

~$3,500โ€“$4,500

~17% (CPF, varies by age)

No national min. wage (sector-specific PWM)

Vietnamโ€™s combination of competitive base salaries, a large skilled workforce (particularly in IT and engineering), and strong government support for foreign investment makes it one of the most attractive hiring markets in the region. However, the relatively high employer social insurance burden (23.5% vs. 5โ€“6% in Thailand) means total employer costs are closer to Thailandโ€™s than the base salary gap suggests.

๐Ÿ’ก Employsome Insight: Vietnam vs. Philippines for Remote Tech Hiring

Both Vietnam and the Philippines are popular choices for remote tech hiring in ASEAN. Vietnam offers stronger engineering and STEM talent, particularly in software development, while the Philippines has stronger English proficiency and customer service capabilities. Base salaries are similar, but Vietnamโ€™s higher employer SI rate (23.5% vs. ~12โ€“14% in the Philippines) means total employer costs are approximately 8โ€“10% higher in Vietnam for equivalent roles. Factor this into your country comparison.

Personal Income Tax (PIT) Overview

Personal Income Tax (PIT) Overview

Vietnam applies a progressive personal income tax (PIT) on employment income for tax residents. The employer is responsible for withholding PIT from the employeeโ€™s gross salary each month and filing with the tax authority. The 2026 PIT brackets are:

Monthly Taxable Income (VND)

Tax Rate

Up to 5 million

5%

5โ€“10 million

10%

10โ€“18 million

15%

18โ€“32 million

20%

32โ€“52 million

25%

52โ€“80 million

30%

Over 80 million

35%

Tax residents receive a personal deduction of 11 million VND/month and a dependent deduction of 4.4 million VND per dependent per month. Non-residents are taxed at a flat rate of 20% on employment income with no deductions. Salaries must be stated and paid in Vietnamese dong (VND), and monthly payroll reporting is mandatory.

Hiring in Vietnam?

Compare the best EOR providers for Vietnam on Employsome. We score each provider on entity ownership, local compliance expertise, onboarding speed, and payroll accuracy so you can hire compliantly without setting up a Vietnamese entity. See the full comparison.

Frequently Asked Questions

Frequently Asked Questions

The national average salary is approximately 8.7 million VND per month (~$340 USD). However, professional salaries in Hanoi and HCMC typically range from 12 to 18 million VND, and IT professionals earn 20 to 100+ million VND depending on seniority.

Under Decree 293/2025/ND-CP effective 1 January 2026, the regional monthly minimum wage is 5.31 million VND (Region I, including Hanoi and HCMC), 4.73 million VND (Region II), 4.14 million VND (Region III), and 3.70 million VND (Region IV). This represents a 7.2% average increase.

Employers contribute approximately 23.5% of gross salary for Vietnamese employees (17.5% social insurance, 3% health insurance, 1% unemployment insurance, 2% trade union). For foreign employees, the rate is approximately 20.5% as unemployment insurance does not apply.

No. The 13th month salary is not legally required under the Labour Code. However, it is a near-universal market practice in professional roles and multinational companies. The Tแบฟt (Lunar New Year) bonus is culturally expected and typically ranges from one to three monthsโ€™ salary.

Information technology and software development command the highest salaries, followed by finance/banking, pharmaceuticals/healthcare, and construction/engineering. Senior IT leadership roles (CTO, VPoE) reach approximately 100 million VND/month.

Yes. An Employer of Record becomes the legal employer in Vietnam and handles payroll processing, PIT withholding, social insurance registration and contributions, employment contracts, and statutory compliance. This allows foreign companies to hire in Vietnam without setting up a local entity.


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Written by

Courtney Pocock

Courtney Pocock is a Copywriter & EOR/PEO Researcher at Employsome with 15+ years of experience writing for the HR, corporate, and financial sectors. She has a strong interest in global business expansion and Employer of Record / PEO topics, focusing on news that matters to business owners and decision-makers. Courtney covers industry updates, regulatory changes, and practical guides to help leaders navigate international hiring with confidence.

Our content is created for informational purposes only and is not intended to provide any legal, tax, accounting, or financial advice. Please obtain separate advice from industry-specific professionals who may better understand your businessโ€™s needs. Read our Editorial Guidelines for further information on how our content is created