The average salary in Vietnam is 6.1 million Vietnamese Dong (VND) per month or 277 USD/month (according to the exchange rates in Aug 2021) — which is lower than the average salaries in countries like the USA or UK.
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How much money does an average Vietnamese make?
Per capita monthly income of Vietnamese people was averaged at 4.2 million VND (182.7 USD) in 2020, down 1 percent year-on-year, according to a survey conducted by the General Statistics Office (GSO).
What is the average income in Vietnam 2020?
approximately 4.19 million Vietnamese dong
In 2020, the average monthly income per capita in Vietnam reached approximately 4.19 million Vietnamese dong, indicating a slight decrease from the previous year.
What is the average household income in Vietnam?
Vietnam Annual Household Income per Capita reached 2,235.955 USD in Dec 2019, compared with the previous value of 2,056.802 USD in Dec 2018. Vietnam Annual Household Income per Capita data is updated yearly, available from Dec 1994 to Dec 2019, with an averaged value of 605.240 USD.
What is a living wage in Vietnam?
On average, workers in Vietnam earn the equivalent of VND 4,645,122 ($200) per month . The next highest rung on the ladder, the Global Living Wage Coalition benchmark, is VND 5,760,098 ($248); thus, a living wage would require a pay raise of almost 25 percent, or VND 1,114,976 ($48), per month .
How much money is considered rich in Vietnam?
According to Knight Frank’s report, in order to be included in the 1% richest people in Vietnam, one needs to have assets worth at least US$160,000. For Monaco, which has the world’s densest population of super-rich, the entry point for the principality’s branch of the 1% club is US$7.9 million.
What is a good salary in Vietnam?
Average Local Salary: The average monthly salary of a worker in Vietnam is about $148 per month; those in high paying jobs bring home around $500 per month.
How much is rent in Vietnam?
Cost of Living in Vietnam
| Expense | U.S. $ |
|---|---|
| Apartment rental (one bedroom) | $400 to $900 |
| Electricity | $60 to $80 |
| Water | $2 |
| Cell phone with unlimited data | $3 |
What is a good expat salary in Vietnam?
Expats working in Vietnam are currently enjoying over $90,000 in average annual income, with the country scoring in the 19th place for best countries to live and work and the first place when it comes to saving more and having more disposable income.
How much does a doctor make in Vietnam?
Salary rankings by profession
| Job type | Median salary (USD) | Salary ranking compared to all cities |
|---|---|---|
| Finance Manager | $63,168 | 95/265 |
| Operations Manager | $51,591 | 101/265 |
| Physician | $50,898 | 147/265 |
| Civil Engineer | $50,579 | 80/265 |
What is considered middle class in Vietnam?
A member of the middle class is defined by a monthly income of VND 15 million or more, which gives them significant purchasing power.
What is the highest paying job in Vietnam?
The top 5 currently highest paid jobs in Vietnam
- Finance/Investment. Finance and investment were the fields that have the highest salary according to the report of VietnamWorks 2019.
- Banking.
- Programmer and Information Technology Industry.
- Construction engineer.
- Marketing.
How much is Big Mac in Vietnam?
At McDonald’s, a Big Mac costs 60,000 Vietnamese Dong ($2.82), while a value meal with fries and a drink goes for 85,000 Vietnamese Dong ($3.99).
What is the minimum wage in Vietnam?
| Vietnam | Last | Unit |
|---|---|---|
| Minimum Wages | 4420.00 | VND Thousand/Month |
What is the minimum wage in Vietnam 2020?
4.42 million Vietnamese dong
In 2020, the National Wage Council had increased the monthly minimum wage in Vietnam, reaching 4.42 million Vietnamese dong for Region I. As of fourth quarter 2018, the average monthly salary for paid workers and employees was at 5.88 million Vietnamese dong.
How much does an English teacher make in Vietnam?
An average teacher’s salary in Vietnam is around $1,000 USD a month. However, with some experience, you can make $1,200-$2,000 depending on the school and your qualifications. You can usually make $1,200 – $1,800 at a private language center, or a little over $2,000 at a public school.
How much money do I need to retire in Vietnam?
How much does it cost to retire in Vietnam? $960 per month to live comfortably in Vietnam. For less than $12,000 per year, you can hit gym, eat out frequently, and enjoy beers on the beach. To ensure you have money for visa runs and incidental expenses, let’s round the total to $1,000 per month.
What is the poorest city in Vietnam?
Ho Chi Minh city
Only 1.9 per cent of the population are poor in the two largest cities (Hanoi and Ho Chi Minh city; over four million inhabitants each), while the poverty rate is 5.8 per cent in small cities (average population 86,000), and 11.2 per cent in towns (including district towns, average population 11,000).
How much is a house in Vietnam in USD?
Home prices in Vietnam are considered very affordable compared to other property hotspots favoured by Chinese such as Bangkok. A high-end property in central Ho Chi Minh City costs USD3,000 to USD 6,000 per square meter while its equivalent in Bangkok costs around USD7,000 to USD9,000 per square meter.
How much does a house cost in Vietnam dong?
According to FazWaz, the median sales price is approximately VND 4.9 million in Hanoi. At the same time, they report that the median price per square meter is VND 108 million (USD 4,655) per square meter.
Is English widely spoken in Vietnam?
Although English is popularly used and taught, it has not been another official language in Vietnam yet. Therefore, Vietnamese people will speak Vietnamese rather than speak English to each other.
