What is considered high income in Vietnam?

By 2045, Vietnam aspires to be a high-income developed country. That year will mark the 100th anniversary of the establishment of the Democratic Republic of Vietnam, now the Socialist Republic of Vietnam. High-income economies have GNI per capita of $12,536 or more.

What’s a good salary in Vietnam?

While there are some older expats and families, the majority of expats in Vietnam are in the 18-35 age group. Average Local Salary: The average monthly salary of a worker in Vietnam is about $148 per month; those in high paying jobs bring home around $500 per month.

What is considered as high salary?

For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.

What is middle class in Vietnam?

The middle class is defined as households with per-capita spending of between $11 and $110 a day.

What is Vietnam average income?

Average monthly income per capita in Vietnam 2010-2020 In 2020, the average monthly income per capita in Vietnam reached approximately 4.19 million Vietnamese dong, indicating a slight decrease from the previous year.

What is a good expat salary in Vietnam?

Expats working in Vietnam are currently enjoying over $90,000 in average annual income, with the country scoring in the 19th place for best countries to live and work and the first place when it comes to saving more and having more disposable income.

What is the middle class income in Vietnam?

Despite the COVID-19 pandemic, Vietnam’s middle class is rising fast with 21 million people to earn the status by 2030, according to projections by the World Data Lab. Middle class households spend between $11 and $110 per capita each day.

What is the average income of Vietnam?

How many millionaires are in Vietnam?

In 2020, Vietnam had approximately 19.49 thousand millionaires.