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VietnamWorks: IT has highest competitive salary

Released at: 14:18, 04/10/2016

VietnamWorks: IT has highest competitive salary

Photo: vneconomy

Demand continuing to exceed supply pushes up salaries in the information technology sector in Vietnam, according to latest report from jobs website.

by Minh Tuyet

Information technology (IT) has the highest competitive salary in Vietnam according to the latest report from jobs website VietnamWorks.

“Reviewing by sector, the report showed the remarkable difference in salary among sectors, which can be seen most obviously in IT,” the report said.

Salaries in accounting, administration, manufacturing, and marketing and sales, which are considered “hot” sectors, range from VND5.64 million ($250) to VND11.25 million ($500) per month.

Salaries in IT, however, are triple or even four-fold those in the “hot” sectors. The most common salaries in IT are from VND15.77 million ($700) to VND22.5 million ($1,000) and VND22.5 million ($1,000) to VND45 million ($2,000), VietnamWorks’ survey found. Seventy-three per cent of IT vacancies have a starting salary of VND15.77 million ($700).

“The robust development of IT and the internet in recent years has resulted in a surge in demand for IT human resources that has not been met,” the report noted, and this has seen salaries in IT go up.

There is no significant difference in salaries for new graduates and employees with several years of experience but salaries increase remarkably for managerial level staff.

The report also found that many people believe they can earn higher salaries in large cities such as Hanoi and Ho Chi Minh City, but there is no major difference in salaries by region.

For example, salaries in Hanoi and Ho Chi Minh City are from VND1.6 million ($71) to VND2.1 million ($93) higher than in the central city of Da Nang and southern Binh Duong and northern Bac Ninh provinces. When the cost of living is taken into account, VietnamWorks explained, the difference is negligible.

Average salaries in Hanoi range from $647 to $1,041, depending on the sector. Positions with salaries from $501 to $700 and managerial levels with salaries from $1,000 to $2,000 attract the most applicants.

In Ho Chi Minh City the average salary ranges from $640 to $1,050. Positions with salaries from $501 to $700 and managerial level position with salaries from $2,000 to $3,000 attract the most applicants.

Average salaries in Da Nang are from $594 and $994 and positions offering salaries from $501 to $700 and managerial level positions with salaries from $1,000 to $2,000 attract the most applicants.

In Bac Ninh the average salary is from $568 and $994. Positions with salaries from $501 to $700 and managerial level positions with salaries from $700 to $1,000 attract the most applicants.

VietnamWorks attracts over 5 million hits and introduces new jobs for 3 million users per month and provides recruitment solutions for over 13,000 enterprises.

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