What is a good salary in Ho Chi Minh City?

According to a recent study by Vietnamworks, Ho Chi Minh City has the highest monthly average salary in Vietnam at US$ 456 (VND 10.37 million), 38 percent higher than the national average.

What is considered a good salary in Vietnam?

Wage and salary in Vietnam are very dissimilar across occupations and contrast starkly between urban and rural areas. The average wage per person in Vietnam is around 3.45 million VND ($150) a month and differentiated by many factors.

Average Salary.

Career Average monthly salary (VND/USD)
Real Estate 17 million VND ~ $720 US

What is the average wage in Ho Chi Minh City?

In 2020, on average, a citizen of Ho Chi Minh City earned around 6.54 million Vietnamese dong per month. The monthly average income per capita in Ho Chi Minh City had been increasing yearly before decreasing slightly in 2020. It was also the highest among all provinces in Vietnam in 2019.

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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.

What is considered upper class in Vietnam?

As of 2016, Vietnam boasts the world’s fastest growing percentage of ultra-high-net-worth individuals, which they define as those having a net worth of at least USD 30 million.

What is average pay in Vietnam?

In the fourth quarter of 2019, the average monthly salary for rural paid workers and employees was about 5.94 million Vietnamese dong in Vietnam. Meanwhile, the average monthly salary for urban paid workers and employees was around 7.8 million Vietnamese dong.

What is the average income per person 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 the highest paying job in Vietnam?

The top 5 currently highest paid jobs in Vietnam

  1. Finance/Investment. Finance and investment were the fields that have the highest salary according to the report of VietnamWorks 2019. …
  2. Banking. …
  3. Programmer and Information Technology Industry. …
  4. Construction engineer. …
  5. Marketing.

What is the average wage in Vietnam 2020?

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.

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How much does an engineer earn in Vietnam?

The national average salary for a Engineer is ₫12,700,000 in Vietnam. Filter by location to see Engineer salaries in your area.

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 an English teacher earn in Vietnam?

The Typical Salary for English Teachers in Vietnam

The average salary for ESL teachers in Vietnam is around $1,200 USD per month for a first time teacher. Those with more experience and qualifications can expect to bring in up to $2,000 USD per month, depending on the employer.

Do expats pay tax in Vietnam?

Below we include information on the Vietnamese Tax System for the American Expatriates. Vietnam personal income tax rates are progressive to 35%. Nonresidents are taxed at a flat tax rate of 20%. Nonemployment income is taxed at rates from 0.1% to 25%.

Is Ho Chi Minh City rich?

Ho Chi Minh City has just been named one of the fastest growing in the world among the super-rich, according to a new report. … But as far as the highest-ranking cities, Hong Kong comes out on top with 15,400 multi-millionaires calling it home.

What is the poorest city in Vietnam?

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).

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What is middle class in Vietnam?

The middle class is defined as households with per-capita spending of between $11 and $110 a day.