Vietnam’s Average Wages on the Rise

According to a recent economic development report by the government, average monthly wages in Vietnam grew by over 10 percent last year. The private sector witnessed the highest growth, while employees of state-owned enterprises earned the highest salaries. Major FDI destinations in the country continue to have much higher salaries compared to the rest of the country. 

Average Wages

According to the General Statistics Office report about enterprise development during the period 2010 – 2017, State-owned enterprises (SOEs) paid the highest average monthly wages compared to FDI and private sector firms in 2017.

Economic sectors

Amongst all the economic sectors, the service industry had the highest average monthly income at VND 9.41 million (US$ 402), growing by 13.5 percent. Income for employees in the construction and industrial sectors grew by 8.7 percent in 2017, to VND 7.76 million (US$ 332).