ManpowerGroup Vietnam's 2025 salary guide, a handbook on the Vietnamese labor market, shows that the finance and banking industry has salaries far surpassing other industries.
Salary range for senior management and executive positions with less than 5 years of experience and 5 years or more of experience in the finance - banking industry (in USD) according to ManpowerGroup Vietnam's 2025 Salary Guide - Photo: manpower.com.vn
Finance and banking need technology personnel
Human resources in executive roles (C-suite) and senior management in the finance and banking industry have salaries ranging from 8,000 - 15,000 USD/month.
A CEO position with more than 5 years of experience can reach 25,000 - 50,000 USD. Meanwhile, in the digital and technology fields, the salary for the equivalent position is about 15,000 - 25,000 USD.
According to the report, Vietnam's banking and financial services are undergoing significant transformation thanks to technological advances and rising customer expectations.
Banks leverage AI and automation to enhance digital customer experiences, streamline employee workflows, and increase operational efficiency to quickly address diverse customer needs.
ManpowerGroup Vietnam's 2025 salary guide publishes salary information for 12 fields and industries - Photo: manpower.com.vn
Meanwhile, the rise in cyber threats has driven significant investment in cybersecurity, risk management and compliance. This creates a high demand for cybersecurity professionals to protect customer information and reduce risk.
Additionally, the focus on personalized products and services has increased the need for marketing, branding, product development, and customer segmentation experts to cater to the unique preferences of customers.
Therefore, the top skill requirement for the finance and banking sector is proficiency in information technology and digitalization. Next are data analysis and customer relationship skills.
Salary for personnel in information technology, digitalization, network security, and risk management in the finance and banking sector ranges from 1,300 to 6,000 USD.
Semiconductor industry bonuses can be up to 33% of annual salary
According to a report by ManpowerGroup, Vietnam is becoming a potential market for global semiconductor manufacturers.
This market in Vietnam is forecast to grow nearly 6.7% per year in the period 2023-2028, aiming to reach 50 million USD in revenue by 2040.
In 2025, semiconductor recruitment will focus on three key areas: increasing demand for skilled engineers, increasing focus on research and development (R&D) roles to drive innovation, and focusing on investing in developing domestic talent.
The semiconductor industry is also expected to pay the most generous bonuses in 2025, up to 33% of annual salary.
For the information technology industry, experts say this industry is expected to witness salary growth due to increased demand for skilled personnel in software development, AI and data science.
In 2023, the industry generated $138.5 billion in revenue with 45,500 active technology companies. In early 2023, Vietnam had about 78.44 million Internet users with a penetration rate (a measure of product popularity) of 79.1%.
Semiconductor industry salary range (in USD) under 5 years of experience and 5 years of experience or more according to the 2025 Salary Guide - Photo: manpower.com.vn
Mr. Simon Matthews (Southeast Asia Regional Director, ManpowerGroup)
Our recruitment data shows that the demand for green talent in Vietnam is currently high in the manufacturing, technology, energy, transportation and logistics, and agriculture sectors."
High recruitment demand for ESG
The overall outlook for the 2025 salary report is positive across most occupations. Minimum wages across most occupations and sectors remain stable, with the exception of a few positions that have seen slight declines.
Notably, the maximum salary for some positions with over 5 years of experience is predicted to increase by about 500 USD/month in 2025 compared to 2024.
ManpowerGroup Vietnam also forecasts that the green employment trend - part of ESG implementation - will increase sharply across industries by 2025.
Simon Matthews, regional director of ManpowerGroup Southeast Asia, said that only 9% of businesses in the Asia-Pacific region have the necessary talent to achieve ESG goals. This trend is expected to increase in the coming year.
Meanwhile, 2024 is shaping up to be a year of change with global giants launching multi-million dollar projects and tech giants investing billions of dollars more.
"This capital flow is turning Vietnam into a "second home" for many businesses thanks to its strategic location, abundant human resources, competitive labor costs and supportive government policies.
However, talent shortages, increasing competition for skilled workers and the need for effective retention strategies are more important than ever,” said Simon Matthews.
Salaries of IT jobs according to the 2025 Salary Guide - Photo: manpower.com.vn
Source: https://tuoitre.vn/nganh-tai-chinh-ngan-hang-luong-bo-xa-cac-nganh-khac-20241217172005422.htm
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