Average Salary in Vietnam: 2024 Overview
Understanding the salary landscape in Vietnam is crucial for both job seekers and employers to make informed decisions.
This article provides a comprehensive overview of the average salary ranges across various industries in Vietnam as of 2024.
Key Industries and Their Salary Ranges
Information Technology (IT)
- Junior Positions: 20 – 50 million VND/month
- Senior Positions: Can exceed 50 million VND/month
- Details: so, The IT sector in Vietnam continues to thrive, with high demand for roles such as software developers, data scientists, and cybersecurity experts
Marketing and Digital Marketing
- Junior Positions: 7 – 30 million VND/month
- Senior Positions: Up to 30 million VND/month
- Details: so, The digital economy has driven significant growth in demand for marketing professionals skilled in social media, SEO, and content creation
Graphic Design
- Junior Positions: 8 – 26 million VND/month
- Senior Positions: Up to 26 million VND/month
- Details: so, Graphic designers with strong portfolios and experience in digital design tools are particularly sought-after
Construction and Engineering
- Junior Positions: 7 – 20 million VND/month
- Senior Positions: Up to 28 million VND/month
- Details: so, The construction boom, fueled by infrastructure projects, has increased demand for skilled engineers and technicians
Tourism and Hospitality
- Junior Positions: 8 – 26 million VND/month
- Senior Positions: Up to 26 million VND/month
- Details: so, Vietnam’s growing tourism sector requires proficient staff in hotels, resorts, and tourism services
Foreign Languages
- Junior Positions: 10 – 25 million VND/month
- Senior Positions: Up to 25 million VND/month
- Details: so, Language educators and translators remain in demand, particularly for English, Japanese, and Korean
Human Resources Management
- Junior Positions: 6 – 24 million VND/month
- Senior Positions: Up to 24 million VND/month
- Details: so, As companies grow, the need for efficient HR professionals who can manage recruitment, compliance, and employee relations increases
Healthcare and Pharmaceuticals
- Junior Positions: 8 – 27 million VND/month
- Senior Positions: Up to 27 million VND/month
- Details: so, Healthcare professionals, including doctors, nurses, and pharmacists, are vital, with rising salaries reflecting the critical nature of their work
Banking and Finance
- Junior Positions: 10 – 35 million VND/month
- Senior Positions: Up to 35 million VND/month
- Details: so, Financial analysts, investment bankers, and accountants are crucial for the financial sector, which shows steady growth
Real Estate
- Junior Positions: 10 – 22 million VND/month
- Senior Positions: Up to 22 million VND/month
- Details: so, The real estate market is booming, with high demand for sales agents, property managers, and valuation experts
Airline Industry
- Junior Positions: 7 – 200 million VND/month
- Senior Positions: Up to 200 million VND/month
- Details: so, Pilots, flight attendants, and ground staff are essential as air travel rebounds post-pandemic
Analysis of Salary Trends
Moreover, the salary landscape in Vietnam has shown positive trends, with significant variations across industries. Notably, sectors like IT and Banking show higher potential earnings due to the need for specialized skills and the global shift towards digitalization.
Factors Influencing Salary Growth:
- Economic Recovery: Post-pandemic economic recovery has increased hiring and salary adjustments.
- Skill Demand: Higher demand for specialized skills, particularly in IT, healthcare, and finance, drives up salaries.
- Foreign Investment: Increased foreign direct investment (FDI) in various sectors boosts job creation and competitive wages.
Challenges:
- Skill Mismatch: Despite the availability of jobs, there is a notable mismatch between job seekers’ skills and employers’ requirements.
- Economic Fluctuations: Global economic conditions and domestic policy changes can influence salary trends.
Accordingly, as an expert in HR solutions, Nicvn plays a crucial role in navigating these salary ranges trends and offering tailored services to meet the needs of both employers and job seekers. Indeed, by providing insights and expertise in staffing, payroll services, mass recruitment, and PEO services, Nicvn helps bridge the gap between talent and opportunities.
Recommendations for Job Seekers
- Enhance Skills: Investing in continuous learning and skill development is vital. Also, Nicvn offers various training programs tailored to high-demand areas like IT and digital marketing, ensuring job seekers have the skills required by the market.
- Language Proficiency: Improving proficiency in foreign languages increases job opportunities and potential earnings. So, Nicvn provides resources and courses for language learning, particularly for English, Japanese, and Korean.
- Networking: Building a strong professional network is essential to stay informed about job openings and industry trends. Hence, Nicvn hosts networking events and provides platforms for job seekers to connect with potential employers.
- Adaptability: Being flexible and adaptable to changing job market conditions is crucial. Also, Nicvn offers career counseling to help job seekers navigate their career paths and identify roles that offer skill development opportunities.
Conclusion
In conclusion, Vietnam’s salary ranges landscape in 2024 reflects a dynamic and growing economy with significant opportunities for professionals across various industries. Therefore, by understanding these trends and focusing on skill enhancement, job seekers can position themselves for better job prospects and higher salaries. So, Nicvn is a pivotal partner in this journey, offering expert HR solutions to navigate the evolving job market.
For further information, you can contact us via:
Hotline: (+84) 981.23.43.76
Email: [email protected]
Fanpage: NIC Global – Human Resource Solutions
Website: https://nicvn.com/vi
Head office address:
so, Hanoi office: 3A Thi Sach, Pham Dinh Ho Ward, Hai Ba Trung District, City. Hanoi
so, HCMC office: Dakao Center Building, 35 Mac Dinh Chi, District 1, City. Ho Chi Minh, Vietnam