Key Facts: Vietnam Wages
- Country
- Vietnam (VNM)
- Continent
- Asia
- Currency
- Vietnamese Dong (VND)
- Minimum Wage
- ₫25,500 /hr ($1.00 USD)
- Average Gross Monthly Salary
- ₫8,000,000 /month
- Average Gross Annual Salary
- ₫96,000,000 /year
- Median Individual Income
- ₫48,000,000 /year
- Standard Work Week
- 48 hours
- Data Source
- Ministry of Labour, Invalids and Social Affairs (MOLISA); 2026 regional rates per Nghị định 293/2025/NĐ-CP (eff 2026-01-01)
- Last Updated
- 2026-05-27
Vietnam — Average Salary & Wages
Vietnamese Dong (VND) Data verified Jan 2026 Sources
The average salary in Vietnam is
₫96,000,000 a year
But half of all workers earn less than ₫48,000,000 .
The average is lifted by bonuses and high earners. Most workers earn less than that.
The minimum wage in Vietnam is ₫25,500/hr ($1.00 USD) as of 2026. The average gross monthly salary is ₫8,000,000 ($314.96 USD). The median monthly income is ₫4,000,000 ($157.48 USD).
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Send money to Vietnam with Wise →Estimates based on household living standards survey. Large informal economy complicates precise measurement.
Average monthly income of wage workers. Significant variation between FDI sector (higher) and domestic private sector. Urban areas average considerably higher than rural areas.
• SECTOR RATES
Region I
₫25,500 /hr
Region II
₫22,700 /hr
Region III
₫20,000 /hr
Region IV
₫17,800 /hr
Minimum Wage Trend
Since 2020, the minimum wage has grown +20% in nominal terms.
• PPP ADJUSTED
In Vietnam, the minimum wage has the purchasing power of $3.67/hr in the United States, adjusted for local cost of living using the World Bank PPP conversion factor.
In Context
At minimum wage, a full-time worker in Vietnam earns ₫4,419,915/mo. That is 55% of the average gross salary.
- Monthly (full-time)
- ₫4,419,915 at min. wage
- Share of avg. salary
- 55% gross, before tax
- USD equivalent
- $174.01/mo monthly
- Nominal growth
- +20% since 2020
Wage Breakdown
- Hourly
- ₫25,500
- Monthly
- ₫5,310,000Region I (Hanoi, HCMC) rate — highest of 4 regions
Vietnam sets minimum wages by four geographic regions via government decree. Region I (highest) covers Hanoi and HCMC urban cores. The 7.0% increase effective 1 January 2026 raised Region I from ₫4,960,000 to ₫5,310,000/month. Minimum wages apply to employees working under labour contracts. Overtime: 150% on weekdays, 200% on weekends, 300% on public holidays.
Work Week
- Standard
- 48 hrs/wk
- Maximum
- 48 hrs/wk
- Overtime
- 1.5x pay
Labour Code 2019 sets standard at 48 hours/week (8 hrs/day, 6 days). Many office/white-collar workers work 40 hrs/week. Overtime capped at 40 hrs/month and 200 hrs/year (300 hrs in special cases). Overtime rates: 150% weekdays, 200% weekends, 300% holidays.
How Vietnam Compares
| Metric | Vietnam | Asia Avg. | Asia Highest |
|---|---|---|---|
| Min. wage (USD equiv.) | $1.00/hr | $2.61/hr | $11.89/hr (Israel) |
| Avg. salary (USD equiv.) | $314.96/mo | $1,185.31/mo | $4,472.55/mo (Singapore) |
Countries with Similar Minimum Wages
| Country | Min. Wage /hr (USD) |
|---|---|
| Solomon Islands | $1.01 |
| Iran | $1.02 |
| Algeria | $1.02 |
| Tuvalu | $1.03 |
| Cape Verde | $1.05 |
| Vietnam | $1.00 |
Related Wage Comparisons
• NEIGHBORING COUNTRIES
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Bhutan Cost of Living
Wages tell half the story. See purchasing power, prices, and quality-of-life context for Vietnam on our sister site.
Cost of living in Vietnam on costofliving.is →Frequently Asked Questions
What is the minimum wage in Vietnam?
The minimum wage in Vietnam is ₫25,500/hr (approximately $1.00 USD), effective since 2026-01-01. Vietnam sets minimum wages by four geographic regions via government decree. Region I (highest) covers Hanoi and HCMC urban cores. The 7.0% increase effective 1 January 2026 raised Region I from ₫4,960,000 to ₫5,310,000/month. Minimum wages apply to employees working under labour contracts. Overtime: 150% on weekdays, 200% on weekends, 300% on public holidays.
What is the average salary in Vietnam?
The average gross monthly salary in Vietnam is ₫8,000,000 (approximately $314.96 USD). Average monthly income of wage workers. Significant variation between FDI sector (higher) and domestic private sector. Urban areas average considerably higher than rural areas. Source: General Statistics Office of Vietnam (GSO) (2024).
How many hours is the standard work week in Vietnam?
The standard work week in Vietnam is 48 hours, with a legal maximum of 48 hours. Overtime is paid at 1.5x the normal rate. Labour Code 2019 sets standard at 48 hours/week (8 hrs/day, 6 days). Many office/white-collar workers work 40 hrs/week. Overtime capped at 40 hrs/month and 200 hrs/year (300 hrs in special cases). Overtime rates: 150% weekdays, 200% weekends, 300% holidays.
How has the minimum wage in Vietnam changed over time?
The minimum wage in Vietnam has changed as follows: ₫4,420,000 in 2020, ₫4,420,000 in 2021, ₫4,680,000 in 2022, ₫4,680,000 in 2023, ₫4,960,000 in 2024, ₫5,310,000 in 2026. This represents 6 recorded adjustments.
What is the minimum wage in Vietnam in USD?
The minimum wage in Vietnam converts to approximately $1.00/hr in US dollars, based on current exchange rates. Actual purchasing power may differ due to local cost of living.
What is the average salary in Vietnam in USD?
The average gross monthly salary in Vietnam is approximately $314.96 per month in US dollars, based on current exchange rates. Actual purchasing power may differ due to local cost of living.
How does Vietnam's minimum wage compare to the Asia average?
Vietnam's minimum wage ranks #25 out of 34 countries with statutory minimum wages in Asia, placing it below the median for Asia.
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