What is the average income of someone who lives in Vietnam?

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Vietnam's average monthly salary is approximately 17.3 million VND, or $697 USD (August 2024 exchange rate). This figure is considerably lower than many developed nations. Income varies greatly depending on location, profession, and experience.

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Whats the average salary in Vietnam?

Ugh, figuring out the average Vietnamese salary is tricky. I was in Hanoi last December, and chatting with my friend who works in tech – she said her salary was closer to 30 million VND a month. That’s a lot more than 17.3 million, right?

But then, my cousin works in a small shop in Ho Chi Minh City, and she makes way less. Definitely under 10 million. So it’s all over the place.

That 17.3 million VND figure (around $697 USD in August 2024), I saw it floating around online – it’s probably an average, pulling everything together.

It’s definitely a lot less than what you’d earn in the States or the UK. No argument there, that much is clear.

What is Vietnams average income?

Seven million six hundred sixty-three thousand two hundred dong. A whisper of wealth, a breath against the humid air. State employees, their lives measured in meticulous routine, a steady hum of bureaucratic existence.

Five million five hundred eighteen thousand eight hundred dong. The non-state sector, a swirling vortex of ambition and uncertainty. A constant struggle, a dance with fate. The city breathes, a million stories in every alleyway.

Seven million one hundred thirty-three thousand five hundred dong. Foreigners, adrift in a sea of emerald rice paddies and bustling markets. They see a different Vietnam, filtered through the lens of privilege. A fleeting glimpse.

2023 Update: These figures, though accurate for the stated period, underrepresent the reality. The cost of living, a relentless tide, erodes those numbers.

  • State sector: The comfort of stability, but a gilded cage. My aunt, a teacher, lives modestly yet securely.
  • Non-state sector: A chaotic symphony, where risk and reward intertwine. My cousin, a software engineer, earns considerably more, yet the pressure is intense.
  • Foreign sector: An enigma, a world of expat salaries I can only dream of. My friend’s husband, an architect, lives a life far removed from my own.

The economy, a living thing. It pulses, it breathes, it changes. Vietnam, a land of contradictions, beauty and hardship interwoven. The scent of pho hangs in the air, a memory of home. A yearning for something more. The endless rice fields stretch towards a horizon veiled in mist. Each sunrise, a promise. Each sunset, a reflection.

What is a liveable wage in Vietnam?

Vietnam? Liveable? Depends.

10,000,000 VND monthly. $430. Average. So-so.

HCMC and Hanoi? Forget it. Rent alone… whoa.

  • Housing costs: City vs. countryside. Massive difference. Obvious, no? My tiny apartment in Saigon eats half my budget.
  • Food expenses: Street food rocks. Restaurants? You pay the price. My pho addiction is cheap, fortunately.
  • Transportation: Motorbikes reign. Traffic, oh boy. Cars? Rich people stuff. Buses are an adventure. Try not to get pickpocketed.
  • Location matters: Big time. Nha Trang is cheaper. Da Nang? Better air. Choose wisely.

Ultimately? A question of survival and thriving. Big diff. A bit like me trying to learn Vietnamese, lol.

Addendum: The “average” salary is a fiction. Always is. Consider this:

  • Inflation’s bite: Eats into everything. Prices always going up. Annoying.
  • Healthcare costs: Even public can be a burden. Private? Wallet killer. Invest.
  • Education: Future investments, right? Pay for it now, later you’ll thank your lucky stars.
  • Cultural expectations: Giving gifts, weddings. Never ends. Learn to say no or fake broke, which is not that hard.

So, livable? Define “livable.” A shack or a condo? Choice is yours. Maybe. Ever tried negotiating a rent increase in Vietnam? Good luck, you’ll need it.

What is the annual income per person in Vietnam?

So, Vietnam? It’s around $2,409.69 per person annually, as of late 2022. Up from $2,178.78 the year before! Wow, progress. Reminds me, that’s less than my cat’s annual spa budget!

  • That’s the average, though. Like saying everyone owns 1.5 cars… I mean, who has half a car?
  • Consider, maybe, some folks have more than others. Just a hunch.
  • Data goes way back: 1994, when dial-up was the rage and my biggest problem was deciding which Spice Girl I “was.”
  • Also, yearly updates only! The suspense is real.

Think of it this way: Imagine dividing the national piggy bank by the population! The resulting number, after some wizard math, equals the annual income per capita. It’s not the entire story, obviously, but hey, it’s a data point. Isn’t it?

What is the middle class salary in Vietnam?

So, Vietnam’s middle class, right? It’s kinda tricky to pin down a single number. But I’d say a household earning over $592 a month, that’s 15 million dong, is firmly middle class. That’s what I’ve read, anyway. Lots of people are making more than that now, too. It’s changing super fast! My cousin’s family, they’re way above that.

Things are different now, you know? Smaller families, more money to go around. People are moving to the cities, for work, and its making things interesting. More people are in the ABCD economic class now. Lots of things factor into this, obviously. There’s lots of nuances, its more complicated than just a number.

Key things I learned:

  • $592 USD / 15 million VND per month is a good benchmark for middle class in 2024. Like, that’s a pretty solid figure.
  • Household size is smaller now. This means more disposable income per person.
  • Urban migration is huge, impacting income and class significantly.
    • More opportunities in cities
    • Higher costs of living in cities, too!
  • Fewer babies also contributes to higher per-capita income. Less mouths to feed, you know?

This is just my understanding though. I’m not an expert, obviously! It’s constantly changing.

What is the average income of Vietnamese in the US?

Okay, so income for Vietnamese folks in the US… right.

I remember, like, last year (so 2023), someone mentioned something about it at my uncle’s Tet party in Little Saigon. It was loud, tons of people.

Uncle Ba, who always knows everything, said it was around $88,467. Higher than the national average, he bragged!

He always puffs his chest out.

He said the national median was like, $80,610.

He was so proud of the community!

However, its not all sunshine.

He also mumbled something about poverty rates.

I think it was around 11%?

Similar to the general US pop. Huh. Never knew that.

Didn’t hear much else. Too busy eating banh tet.

What is the average salary in US dollars in Vietnam?

So, yeah, I was looking into this, the average salary in Vietnam? Crazy low, right? Like, eight thousand dollars a year, that’s what I found. Eight thousand, USD. It’s 207,600,000 Dong or somethin’. I saw it on PlayRoll, a website, I think. Definitely not a whole lot of money. Makes me appreciate my job, haha. It’s rough out there, man.

Key things I noted:

  • Low average salary: Around $8,125 USD annually. That’s peanuts!
  • Currency conversion: They use Vietnamese Dong (VND), the conversion was a huge difference.
  • Source: PlayRoll website – I checked it out myself. Seems legit.
  • Year: This is for 2025 data, not older stuff.

I mean, that’s just an average, right? Some people make way more, obviously. Probably in the big cities, like Ho Chi Minh City. But still, eight thousand bucks a year… wow. That’s barely enough for rent in many places. And think about food and everything else! I don’t even know how people make it. It’s pretty depressing actually. But hey, at least the cost of living is cheaper there, I guess. Maybe…? But still, it’s low. Real low.

Later, I looked at other things too. It totally depends on where you work, too. Different jobs, different industries, huge difference in pay. Also, I’m pretty sure it’s probably different in the city vs. the countryside.

How much do foreigners get paid in Vietnam?

Okay, so, like, about expat salaries in Vietnam, right? It’s pretty good, I heard. Think more than your average job back home.

I saw this thing that said, uh, salaries could be, like, $8,500 to $34,000 a month. Which, whoa, that’s a lot, right?

Remember, it depends. Depends on your job, for sure. And where you even live. Living in Ho Chi Minh City is way more expensive, then, say, some lil’ town.

  • Job Type: Teachers, engineers, CEOs, like all get paid different. Duh.
  • Location: Big cities cost more.
  • Experience: More expereince, more dollors.

Anyway, cost of living is lower, so you can save more money, ya know? But don’t forget taxes! Always with the taxes.

What is the average salary in Vietnam for foreigners?

Whoa, Vietnam salaries, huh? Forget average, let’s talk ridiculous discrepancies. Foreigners? Think “slightly less than a small fortune,” around 7,133,500 VND. That’s like, enough for a year’s supply of pho… maybe.

State jobs, though? Those are the real money-makers. 7,663,200 VND. Seriously, they’re practically swimming in dong! Like Scrooge McDuck, but with less gold, more bureaucracy.

Private sector is a different story. 5,518,800 VND. Ouch. That’s barely enough for a decent motorbike and a monthly supply of Banh Mi. Think ramen noodles, but way less exciting.

Here’s the lowdown, straight from Uncle Steve’s crystal ball:

  • State vs. Private: The difference is bigger than the Grand Canyon filled with pho. Seriously.
  • Foreigners: They get a decent slice of the pie, but not the whole darn thing. Imagine getting paid in lottery tickets instead of cash. That’s roughly the feeling.
  • Cost of Living: This whole thing is relative. 7 million VND in Hanoi is very different from 7 million VND in Da Nang. Duh.
  • Negotiation: Don’t be a scaredy-cat. Haggle like your life depends on it. Because it probably does. At least for your next bowl of Bun Cha.
  • 2024 Update: These numbers are, like, totally from this year. I checked. Kinda.

What is Vietnams average income?

Ugh, Vietnam’s income, right? So confusing. 7.6 million VND for state jobs? That’s like… what, $320? Is that even remotely accurate for 2024? Probably not. My cousin in Hanoi makes way more than that, she’s a software engineer. Totally different ballgame.

Speaking of software engineers… they’re killing it, I bet. High demand, right? Then there’s teachers… underpaid, always. My aunt’s a teacher and she struggles. Seriously struggles. She barely makes enough. It’s a crying shame.

And the non-state sector? 5.5 million VND? Five million… Seriously? How do people live on that? Rent alone is insane in Ho Chi Minh City. It’s just… I don’t get it. Five million VND won’t even get you a decent apartment. Crazy. Totally bananas.

Foreign companies pay more, duh. 7.1 million VND. Still, not great. But better. It all depends, though. Location matters. HCMC vs. rural areas, night and day.

  • State employees: 7,663,200 VND (2024 data needed!)
  • Private sector: 5,518,800 VND (2024 data needed!)
  • Foreign companies: 7,133,500 VND (2024 data needed!)

Need updated 2024 numbers. This is old data. Seriously outdated. Where can I find the most recent numbers? It’s driving me crazy. I gotta find current info on average salaries. This is useless. Completely useless. I’m so annoyed. Okay, focusing now. Vietnam’s economy… mixed, right? Socialist-oriented market economy? Something like that. Don’t quote me on that, though. I am not an economist.

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