In the first quarter of 2024, the average monthly salary for paid workers and employees was about 8.5 million Vietnamese dong, indicating a significant increase from the previous quarter. The labor force reached about 52.4 million people in that quarter.

In the fourth quarter of 2022, paid workers and employees in rural Vietnam earned on average around seven million Vietnamese dong per month. Meanwhile, the average monthly salary for paid workers and employees in urban Vietnam was higher, at approximately 8.57 million Vietnamese dong. Regional income disparity Income inequality in Vietnam is reflected in the noticeable pay gap between urban and rural areas. This urban-rural disparity can be attributed to various determinants, including the salary gap between agricultural and non-farm sectors in Vietnam, as agriculture remains the backbone of the Vietnamese rural economy. Although the country has experienced positive economic growth and decreasing poverty rate within the last few years, the higher poverty rate in rural areas suggests that more can be done to tackle inequality between rural and urban Vietnam. COVID-19 and the Vietnamese labor market Vietnam’s effective response and success in the fight against the coronavirus came at the expense of its economy. In 2021, Vietnam’s unemployment rate reached 2.3 percent, being the highest value recorded within the last decade, with many companies forced to lay off employees during the outbreak. Nevertheless, the labor market in Vietnam is expected to recover, as the Vietnamese economy remains resilient and is expected to grow again post COVID-19.

Key information about Vietnam Monthly Earnings

• Vietnam Monthly Earnings stood at 339 USD in Dec 2023, compared with the previous figure of 334 USD in Sep 2023
• Vietnam Monthly Earnings data is updated quarterly, available from Mar 2011 to Dec 2023, with an average number of 240 USD
• The data reached the an all-time high of 339 USD in Dec 2023 and a record low of 142 USD in Jun 2011

CEIC converts quarterly Monthly Earnings into USD. General Statistics Office provides Average Monthly Earnings in local currency. The State Bank of Vietnam average market exchange rate is used for currency conversions. Monthly Earnings prior to Q1 2021 is based on ICLS 13 standard.


Further information about Vietnam Monthly Earnings

• In the latest reports, Vietnam Population reached 101 million people in Dec 2024
• Unemployment Rate of Vietnam dropped to 2 % in Dec 2024
• The country's Labour Force Participation Rate increased to 68 % in Mar 2022

IT professionals using TensorFlow as the programming language was reported to have the highest salary among the IT market in Vietnam as of July 2020, earning on average almost 1,700 U.S. dollars monthly. The second highest salary belonged to the group which used Kubernetes programming language. CSS/HTML users had the lowest median salary according to the report, with an average monthly income of 676 U.S. dollars.

Key information about Vietnam Household Income per Capita

• Vietnam Annual Household Income per Capita reached 2,502.524 USD in Dec 2023, compared with the previous value of 2,409.689 USD in Dec 2022.
• Vietnam Annual Household Income per Capita data is updated yearly, available from Dec 1994 to Dec 2023, with an averaged value of 1,023.278 USD.
• The data reached an all-time high of 2,502.524 USD in Dec 2023 and a record low of 183.956 USD in Dec 1994.
• In the latest reports, Retail Sales of Vietnam grew 8.086 % YoY in Nov 2024.

CEIC converts Annual Household Income per Capita into USD. Annual Household Income per Capita is calculated from Monthly Average Household Income per Capita multiplied by 12. General Statistical Office provides Average Household Income per Capita in local currency. State Bank of Vietnam average market exchange rate is used for currency conversions.

In 2022, the average monthly income per capita in Vietnam reached approximately 4.7 million Vietnamese dong, indicating a slight increase from the previous year. 2020 and 2021 were particularly difficult years for the country’s population when per capita income decreased due to the negative impacts of the COVID-19 epidemic.

Income distribution in Vietnam

As a rapidly developing country in Southeast Asia, Vietnam has made significant efforts to improve income distribution among its population. One of the key factors contributing to a more balanced income distribution is Vietnam’s robust economic growth. Although the COVID-19 pandemic posed challenges to the country’s economy, Vietnam has been enjoying gradual GDP growth over the past few years, which explains the increase in job opportunities and higher wages for many Vietnamese citizens. Over the years, the Vietnamese government has implemented various policies and strategies to reduce the poverty rate and narrow the income gap in the country. However, the difference in income between urban and rural areas is inevitable. According to a governmental report in 2022, earnings per capita improved steadily across the whole country regardless of area; nonetheless, the monthly average income in urban areas was 1.5 times higher than that of their rural counterparts. Among the five major cities, Ha Noi and Ho Chi Minh City recorded the highest income per capita due to their higher living expenses compared to other areas.

Monthly household expenditures in Vietnam

While Vietnam has made noticeable progress in reducing poverty and improving income distribution, challenges remain in shaping the overall living standard for the population. The cost of living varies across different regions, with urban areas generally having higher expenses compared to rural areas. The largest portions of household expenditures are mainly used for nutrition, followed by housing, transportation, and healthcare. Education and entertainment also contributed to the monthly expenses, especially after the COVID-19 pandemic recovery and many restrictions were lifted in the country.

Wages in Manufacturing in Vietnam decreased to 8400 VND Thousand/Month in the first quarter of 2024 from 10300 VND Thousand/Month in the fourth quarter of 2023. This dataset provides - Vietnam Wages In Manufacturing- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Vietnam AMI: Rural: Male: Hoa Binh data was reported at 5,501.000 VND th in 2021. This records a decrease from the previous number of 5,558.000 VND th for 2020. Vietnam AMI: Rural: Male: Hoa Binh data is updated yearly, averaging 4,162.000 VND th from Dec 2011 (Median) to 2021, with 11 observations. The data reached an all-time high of 5,558.000 VND th in 2020 and a record low of 2,546.000 VND th in 2011. Vietnam AMI: Rural: Male: Hoa Binh data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

In 2023, on average, a citizen of Ho Chi Minh City earned around 6.52 million Vietnamese dong per month. The monthly average income per capita in Ho Chi Minh City had been increasing yearly before declining in 2020 due to the COVID-19 pandemic impacts on the economy. It was also the highest among all provinces in Vietnam in the past few years.

In 2022, the average monthly salary for paid workers and employees with no qualification was about 6.6 million Vietnamese dong. Meanwhile, the average monthly salary for paid workers and employees with university or higher degree was around ten million Vietnamese dong in Vietnam. In that year, the labor participation rate of the country was 68.1 percent.

In the first quarter of 2024, the average monthly salary for male paid workers was around nine million Vietnamese dong, indicating a significant increase from the previous quarter. Meanwhile, the average monthly salary for female paid workers was around 7.9 million Vietnamese dong. The labor force reached about 52.4 million people in that quarter.

Vietnam AMI: Urban: Female: Binh Phuoc data was reported at 6,014.000 VND th in 2021. This records an increase from the previous number of 5,904.000 VND th for 2020. Vietnam AMI: Urban: Female: Binh Phuoc data is updated yearly, averaging 4,865.000 VND th from Dec 2011 (Median) to 2021, with 11 observations. The data reached an all-time high of 6,432.000 VND th in 2019 and a record low of 2,722.000 VND th in 2011. Vietnam AMI: Urban: Female: Binh Phuoc data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

Vietnam AMI: Male: Khanh Hoa data was reported at 5,709.000 VND th in 2021. This records a decrease from the previous number of 5,858.000 VND th for 2020. Vietnam AMI: Male: Khanh Hoa data is updated yearly, averaging 4,807.000 VND th from Dec 2011 (Median) to 2021, with 11 observations. The data reached an all-time high of 6,224.000 VND th in 2019 and a record low of 2,651.000 VND th in 2011. Vietnam AMI: Male: Khanh Hoa data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

Vietnam AMI: Urban: Female: Hai Duong data was reported at 6,308.000 VND th in 2021. This records an increase from the previous number of 6,218.000 VND th for 2020. Vietnam AMI: Urban: Female: Hai Duong data is updated yearly, averaging 4,845.000 VND th from Dec 2011 (Median) to 2021, with 11 observations. The data reached an all-time high of 6,602.000 VND th in 2019 and a record low of 3,206.000 VND th in 2011. Vietnam AMI: Urban: Female: Hai Duong data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

According to a report released in July 2020 in Vietnam, tech management positions such as chief technology officer (CTO) or chief information officer (CIO) had the highest average salary per month. People in this position usually earned around 5,710 U.S. dollars monthly. The second highest-paid position was technical director/ engineering manager with an average salary of 4,112 U.S. dollars per month. Bridge system engineer stood at the bottom of the top 10, earning close to 2,000 U.S. dollars monthly on average.

Vietnam AMI: Urban: Male: Khanh Hoa data was reported at 6,023.000 VND th in 2021. This records a decrease from the previous number of 6,298.000 VND th for 2020. Vietnam AMI: Urban: Male: Khanh Hoa data is updated yearly, averaging 5,233.000 VND th from Dec 2011 (Median) to 2021, with 11 observations. The data reached an all-time high of 6,634.000 VND th in 2019 and a record low of 2,876.000 VND th in 2011. Vietnam AMI: Urban: Male: Khanh Hoa data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

In the fourth quarter of 2022, the average monthly salary for paid workers and employees in the services sector was about 8.17 million Vietnamese dong, indicating the highest amount among sectors. In that year, the labor participation rate was 68.1 percent in Vietnam.

Vietnam AMI: Rural: Male: Bing Duong data was reported at 7,335.000 VND th in 2021. This records a decrease from the previous number of 7,653.000 VND th for 2020. Vietnam AMI: Rural: Male: Bing Duong data is updated yearly, averaging 5,858.000 VND th from Dec 2011 (Median) to 2021, with 11 observations. The data reached an all-time high of 7,986.000 VND th in 2019 and a record low of 3,416.000 VND th in 2011. Vietnam AMI: Rural: Male: Bing Duong data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

Vietnam AMI: Rural: Female: Hai Duong data was reported at 6,262.000 VND th in 2021. This records an increase from the previous number of 6,192.000 VND th for 2020. Vietnam AMI: Rural: Female: Hai Duong data is updated yearly, averaging 4,336.000 VND th from Dec 2011 (Median) to 2021, with 11 observations. The data reached an all-time high of 6,262.000 VND th in 2021 and a record low of 3,254.000 VND th in 2011. Vietnam AMI: Rural: Female: Hai Duong data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.

Vietnam AMI: Urban: Thanh Hoa data was reported at 6,898.000 VND th in 2021. This records an increase from the previous number of 6,672.000 VND th for 2020. Vietnam AMI: Urban: Thanh Hoa data is updated yearly, averaging 5,074.000 VND th from Dec 2011 (Median) to 2021, with 11 observations. The data reached an all-time high of 6,898.000 VND th in 2021 and a record low of 3,344.000 VND th in 2011. Vietnam AMI: Urban: Thanh Hoa data remains active status in CEIC and is reported by General Statistics Office. The data is categorized under Global Database’s Vietnam – Table VN.G053: Average Monthly Income: Wage Workers: By Provinces: Annual.