Top managers in Vietnam earn $478 a month: government report
Top managers in Vietnam earn $478 a month: government report
Top managers across sectors get an average monthly salary of VND11.1 million ($480), the highest of all labor groups, a government report said.This is VND407,000 ($18) higher than in the last quarter and VND1.4 million ($60), or 12.6 percent, more than a year ago, according to the General Statistics Office (GSO).
The second highest income groups, high-level technical experts and workers with at least university education, earn VND9.2 million ($397), up 2 percent and 13.6 percent.
Manual laborers get the lowest salaries, VND4.9 million ($212), the same as in the previous quarter but up 14.8 percent from a year ago.
The salaries of those who did not complete primary school and have never been to school are VND4.9 million ($212) and VND4.2 million ($181). The average wage across all positions is VND6.7 million ($290), up 15.1 percent year-on-year. Male workers, who make up 52.3 percent of the workforce, earn VND7.1 million ($307), while women average VND6.2 million ($268). Urban workers, who account for 34.7 percent of the workforce, earn VND7.5 million ($324) while rural workers get VND4.6 million ($199).The unemployment rate stands at 2.17 percent, down 0.03 percentage points year-on-year, equivalent to 1.06 million people of working age. Of this, youths, defined as persons between 15 and 24 years of age, accounted for 39.7 percent.
Top managers in Vietnam earn $478 a month: government report
By Hung Le October 2, 2019 | 10:34 am GMT+7
An engineer oversees work at a construction site. Photo by Shutterstock/Jonas Petrovas.
Top managers across sectors get an average monthly salary of VND11.1 million ($480), the highest of all labor groups, a government report said.
This is VND407,000 ($18) higher than in the last quarter and VND1.4 million ($60), or 12.6 percent, more than a year ago, according to the General Statistics Office (GSO).
The second highest income groups, high-level technical experts and workers with at least university education, earn VND9.2 million ($397), up 2 percent and 13.6 percent.
Manual laborers get the lowest salaries, VND4.9 million ($212), the same as in the previous quarter but up 14.8 percent from a year ago.
The salaries of those who did not complete primary school and have never been to school are VND4.9 million ($212) and VND4.2 million ($181). The average wage across all positions is VND6.7 million ($290), up 15.1 percent year-on-year. Male workers, who make up 52.3 percent of the workforce, earn VND7.1 million ($307), while women average VND6.2 million ($268). Urban workers, who account for 34.7 percent of the workforce, earn VND7.5 million ($324) while rural workers get VND4.6 million ($199).The unemployment rate stands at 2.17 percent, down 0.03 percentage points year-on-year, equivalent to 1.06 million people of working age. Of this, youths, defined as persons between 15 and 24 years of age, accounted for 39.7 percent.
