Besides India and China, Vietnam is surging to become a large ICT service provider. With the aim to reach 1,000,000 software engineers in 2020 (according to Savycom), the Vietnamese Government is striving to create the most favorable conditions for technology development, encouraging people employed in the ICT field to constantly contribute to the digital success. Thus, software engineers are also supported efficiently in their own career path. Here are some reports showing how much money a software engineer in Vietnam can earn per month.
1, The average salary of Vietnamese software engineers per month
According to a new report of Salary Explorer, a typical software engineer in Vietnam can earn about 17,400,000 VND per month. The highest salary they can be given is 27,400,000 VND and the lowest one accounts for approximately 8,370,000 VND.
Compared with the average salary of other colleagues working in data analysis or information technology, the money a software engineer makes can be 2-4% higher. However, the salary of a software engineer in Vietnam is still lower than that of the foreigners. For example, with the same qualification and the same job, one can earn more than 95,000,000 VND in China, quintuple who is in Vietnam.
2, The average salary of software engineers due to some personal factors
Firstly, like any other jobs, the salary of software engineers mostly depends on the years of experience. A wealth of experience is obviously a competitive advantage that makes one can earn more than the others.
According to the report, an experience level from five to ten years lands a salary of 18,300,000 VND per month, 31% more than someone with two to five years of experience. Thus, it is clear that the salary as well as the wage increase gradually when software engineers gains more experience.
Secondly, education is one of the determinants of how much a software engineer earns. Higher education comes with a bigger salary. Software engineers with Master’s Degree make a mere of 25,900,000 VND per month, well over the average salary of the typical ones.
In Vietnam, there are three main ICT labor markets in Hanoi, Danang and Ho Chi Minh City. With three offices in these cities, CMC Global is creating the favorable working environment for talented software engineers to develop their own career and contribute to the global success. In terms of human resource, our goal is to reach 2000 people by 2023 and 5,000 people by 2025, creating momentum for the next phases. It is one of the most important steps for us to develop technological competence, thus confidently providing customers the best ICT products and services.