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 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.

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

In 2024, the monthly minimum wage in Vietnam reached approximately 4.2 million Vietnamese dong. This reflects a six percent increase compared to the year before. Since 2018, Vietnam's minimum wage had increased by 25 percent.

Löhne in Vietnam stiegen im vierten Quartal 2024 auf 8176,20 VND Tausend/Monat von 7626,50 VND Tausend/Monat im dritten Quartal 2024. Diese Werte, historische Daten, Prognosen, Statistiken, Diagramme und ökonomische Kalender - Vietnam - Löhne.

In 2023, on average, a citizen of Ha Noi earned around 6.87 million Vietnamese dong per month. Compared to the income level in 2010, per capita monthly average income was more than three times higher in 2023 in the capital of Vietnam.

This dataset provides values for MINIMUM WAGES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

The Personal Income Tax Rate in Vietnam stands at 35 percent. This dataset provides - Vietnam Personal Income Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2020, around 36 million people in Vietnam had average daily spending of 11 U.S. dollars to 30 U.S. dollars, while four million of them were classified as being in the established consuming class, spending between 30 U.S. dollars to 70 U.S. dollars per day. By 2030, according to the forecast, there will be around two million people living in Vietnam with a daily spending budget exceeding 70 U.S. dollars.