🇻🇳

Vietnam

Vietnam uses a progressive personal income tax (PIT) system with seven brackets, ranging from 5% on monthly taxable income up to VND 5,000,000 to 35% on income above VND 80,000,000. A personal deduction of VND 11,000,000 per month and VND 4,400,000 per dependent applies. Social insurance contributions for employees include social insurance (8%), health insurance (1.5%), and unemployment insurance (1%), totaling 10.5% of salary. Employer contributions total 21.5% (17.5% social, 3% health, 1% unemployment). Contributions are capped at 20 times the base salary. Tax deductions are limited: social insurance contributions, charitable donations, and dependent deductions. Foreign workers are subject to the same PIT rates. Non-residents are taxed at a flat 20% on Vietnam-sourced employment income. Capital gains on securities are taxed at 0.1% of transaction value. VAT is 10% (reduced to 8% temporarily). The corporate tax rate is 20%. Tax incentives are available in encouraged sectors and special economic zones.

Vietnam's fast-growing economy records a median salary of $4,000 against a cost-of-living index of 25, lifting real purchasing power well above the dollar figure, with GDP per capita rising from $4,300 to $13,000 in purchasing-power terms. Income tax is progressive to 35%, corporate profits are taxed at 20%, and value-added tax is 10%. Employees contribute 10.5% to social security and employers 21.5%. Priced in dong, technology leadership reaches about $26,400 for chief technology officers and $21,000 for engineering managers. Unemployment is low at 2.0% and the Gini coefficient 0.36. The statutory minimum wage, set regionally, averages around VND 56 million a year. Low labour costs and an expanding software and manufacturing base have made Vietnam a rising destination for technology outsourcing in Southeast Asia.

Median Salary

$4000.00

Top Tax Rate

35.0%

Cost of Living

25.00

Min. Wage

₫56000000.00

Salaries by Role

Role Median (USD) Net (USD) Entry Senior
CTO $26400.00 $21648.00 $19200.00 $45600.00
Engineering Manager $21000.00 $17220.00 $16200.00 $30000.00
AI/ML Researcher $19200.00 $15744.00 $13200.00 $30000.00
Cloud Architect $18600.00 $15252.00 $13800.00 $27000.00
Tech Lead $18600.00 $15252.00 $13800.00 $26400.00
ML Engineer $16800.00 $13776.00 $12000.00 $25200.00
Site Reliability Engineer $16200.00 $13284.00 $11400.00 $24000.00
Product Manager $15600.00 $12792.00 $10800.00 $24000.00
Security Engineer $15600.00 $12792.00 $11040.00 $23400.00
Blockchain Developer $15600.00 $12792.00 $10800.00 $24000.00
Data Scientist $15000.00 $12300.00 $10200.00 $22800.00
DevOps Engineer $15000.00 $12300.00 $10560.00 $22800.00
Software Engineer $14400.00 $11808.00 $10200.00 $22200.00
Data Engineer $14400.00 $11808.00 $9840.00 $22200.00
Backend Developer $13800.00 $11316.00 $9600.00 $21000.00
Full Stack Developer $13440.00 $11020.00 $9360.00 $20400.00
Mobile Developer $13200.00 $10824.00 $9000.00 $20160.00
Frontend Developer $12600.00 $10332.00 $8640.00 $19200.00
UI/UX Designer $12000.00 $9840.00 $8160.00 $18000.00
QA Engineer $10200.00 $8364.00 $6960.00 $15000.00

Tax System

Income Tax

Progressive — up to 35.0%

Social Security (Employee)

10.5%

Corporate Tax

20.0%

VAT / GST

10.0%