Documente Academic
Documente Profesional
Documente Cultură
Salary
Guide
Table of Contents
Introduction
About Adecco 03
Message from General Director 05
2019 Labour Market Outlook 06
Disclaimer 08
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Clients Associates
Save time
Manage employment life cycle
Ensure regulatory compliance
Follow process & regulations
The demand for talent in manufacturing is also increasing, as the trade war between the US
& China accelerates. The HR industry recorded the rise of HRBP & Legal Business Partner,
who contribute their own unique values in talent management and business partnering to
the company growth. 2018 also witnessed the rise of senior-level positions (Relationship
Manager, Agency Development Manager,...) within the Finance industry.
Yet, the country workforces are not fully ready for these opportunities. Vietnamese em-
ployees need to be their own ‘helping hands’ in re-skilling & up-skilling themselves, by
actively learning through online & offline resources.
The sixth edition of Vietnam Salary Guide 2019 provides a detailed picture of current
market offerings based on job responsibilities. The 2018 salary is also included alongside to
give a closure look at the movement of the positions within the labour market.
We hope this release will be a useful and effective tool for your talent development plan-
ning and decision-making process and We look forward to working with you in the future.
Andree Mangels
General Director
1 2 3
CPTPP BLOCKCHAIN & AI THE TRADE WAR
The movement of Vietnam to The Fourth Industrial Revolution As the trade war between the
-wards international economic will change the world of work US & China accelerates, Vietnam
integration will signal an significantly. Repetitive jobs will be has become a hot spot for large
increasing talent demand, taken over by automation, while corporations to realign their
especially for skilled candidates. the demand for higher cognitive, supply chains, thus, the rising
social & emotional skills will rise. talent demand in manufacturing.
3.72
immediately-at-risk
new jobs workers can find quality
will be created for every job lost
95% work with the right skilling
due to AI/Automation & social safety net
Decreasing
skills
by 2030 15% 17% physical &
basic
cognitive manual
skills skills
8%
higher
24% 55%
social & techno
cognitive emotional -logical
skills skills skills
Increasing
skills
For more information on salaries in your job market, please contact our Adecco
representative or our email vn.info@adecco.com.
Disclaimer
The Adecco Vietnam Salary Guide 2019 is a value-added service to our clients
and candidates. Whilst every care is taken in the collection and compilation of
data, the guide is interpretive and indicative, not conclusive.
As the trade war between the US and China accelerates, Vietnam has
become a hot spot for large corporations to realign their supply chains,
thus, the demand for seasoned HR professionals in manufacturing space
keeps rising.
- Provide leadership in developing & executing Human Resources 200 - 300 200 - 300
Chief HR strategy in support of the company's overall business plan & strategic million million
Officer direction, specifically in the areas of succession planning, talent
management, change management, organizational development,
performance management, training & development, & compensation.
- Monitor & ensure overall HR strategy & execution of the 70 - 100 70 - 150
HR Director organization. million million
- Implement effective & suitable HR functions such as recruitment,
performance management, compensation & benefit, HR policies &
employee relations.
- Monitor & ensure overall HRM cover HR strategy & planning for 70 - 100 70 - 150
HR Manager staffing plan. million million
- Implement effective & suitable HR functions such as recruitment,
performance management, compensation & benefit, HR policies &
employee relations.
- Identify training needs, plan & organize internal & external training 50 - 70 50 - 60
Training programs. million million
Manager - Prepare the training plan & budget.
- Responsible for training activities, both soft & technical skills.
We also see the transfer of mid-level lawyers (2-5 PQE) between differ-
ent law firms and to corporates. New local law firms are established and
expanded, the Partners of which were from reputed international/foreign
firms. This movement has led to the emerging needs in Senior lawyer roles
to fulfil the vacancies.
- Advise clients, interpret laws, rules & regulations, analyze probable 70 - 150 80 - 180
Associate/ outcomes based on legal precedents, develop strategies & evaluate million million
Senior findings.
Associate
- Research & gather evidence, have a thorough knowledge of the
(Qualified
decisions, ordinances & statutes of the matter under review, prepare
Lawyer)
& draft documents, legal briefs & opinions.
- Act as an agent for their clients.
- Oversee the entire legal planning & operations of the corporation 140 - 250 140 - 250
Head of million million
in Vietnam & the regions.
Legal /
- Work closely with Regional & Group’s Legal team.
General
Counsel
- Manage & supervise team to responsible for regulatory affairs 50 - 100 50 - 100
Regulatory regarding product registration including preparing product million million
Affairs information and submitting registration documents to government
Manager
sector.
- Design & implement programs, policies, and practices to ensure all 50 - 60 60 -100
Compliance business units are in compliance with regulatory requirements. Track million million
Manager laws & regulations that might affect the organization’s policies.
Prepare compliance reports to present to management.
- Monitor & ensure all business units comply with Bank & BOT 20 - 30 35 - 45
Compliance regulations. million million
Officer
Fintech, blockchain and AI are the trends set to shape the market of tech-
nology recruitment in 2019 with the emerging demand for skilled talents
across platforms. As both product and outsourced companies increase
their workforce, Python, Net and Java skills are in high demand. In 2018,
an increasing number of enterprises are now applying blockchain with
applications, thus, the impact of blockchain will be even more popular
within the food, security and finance sectors. This will be the new era for
software engineers who master the tools for blockchain development.
In-house IT management remains an on-going demand as enterprises
often seek strategic yet hands-on system infrastructure managers to en-
hance the company’s competitive advantage in the market.
Chuong Nguyen, Manager
HR, Legal, Technology & Media
Information Technology
Business Transformation
- Setting objectives and strategies for the IT department. 200 - 300 200 - 300
CIO - Select & implement suitable technology to streamline all internal million million
operations and help optimize their strategic benefits.
- Design and customize technological systems and platforms to
improve customer experience.
- Manage & implement the company’s IT operational systems as well 80 - 150 80 - 150
IT Director as to formulate and run software and hardware strategy in order to million million
gain a competitive advantage for the company.
Development
- Set strategies and working plans for developing IT systems or 30 - 100 50 - 120
Software/ softwares that conform to business strategies, business needs & million million
Solution company IT architecture.
Architect
- Develop software & applications starting from analysis, designing, 42 - 100 42 - 120
Software
coding, testing & training users. million million
Engineer
- Manage installation, setting up, testing & commissioning of products. 42 - 110 42 - 115
Technical
Manage preventive, maintenance & calibration. million million
Service
Manager - Provide solutions to customers where appropriate.
- Responsible for planning, developing, implementing & managing the 80 - 100 80 - 120
Digital overall digital marketing strategy. million million
Director - Manage, guide & train digital marketers &
other marketing positions in the team.
- Lead the team of designers, copywriters, account managers, & sales 60 - 120 60 - 120
Creative representatives. Guide the marketing & promotional efforts, bring million million
Director client products & services to market.
In 2018, the market has seen a significant hiring demand for finance
business partners or commercial finance roles, especially at large
FMCG and MNC trading companies. Finance professionals with strong
business acumen and excellent interpersonal skills are in high demand.
- Prepare monthly & yearly VAT, Corporate Income Tax, provide Tax 30 - 50 40 - 75
Tax Manager advisor to business unit & deal with Revenue Department. million million
- Work as a tax professional, deals with authorities; preparing tax
advice report; research; preparing corporate income tax returns.
- Plan, develop & supervise all cost functions. Insure that all project 40 - 60 45 - 65
Cost cost activities such as data collection, field estimating, productivity million million
Controller/ analysis & budget forecasting comply with company and client
Manager
requirements.
- Develop & implement project cost standards & procedures.
- Provide support service to the project teams to assist & guide the
establishment of the project budgets and project control tools.
Account Receivables: 10 - 30 15 - 30
Account
- Post daily deposits. million million
Receivable/
Payable - Process incoming mail concerning billing & invoicing.
- Communicate with clients about billing discrepancies & questions.
- Engage management over any AR problems you encounter.
- Initiate collections on past-due accounts.
- Maintain accounting ledgers as required.
Account Payables: 10 - 30 15 - 30
Account - Perform any combination of routine calculating, posting business million million
Payable transactions, processing invoices, & verifying financial data for use in
maintaining accounts payable records.
- Obtain accurate information and/or data regarding invoice
payments.
Finance
- Leads operations, IT, Accounting & Finance, Legal, Marketing, Admin 150 - 320 180 - 380
CFO & business improvement in the delivery of business strategy, goals & million million
objectives.
- Leads the service delivery organisational infrastructure, ensuring
delivery of all operational services in line with service delivery,
compliance standards & budgets.
- Provide strategic advice, support & services to internal business
partners & external audiences and providers in the assigned areas.
- Develop appropriate & effective policies, procedures & controls
pertaining to financial management, accounting & processes &
procedures, cash management, financial and strategic planning, tax
compliance & corporate reporting functions.
- Drives ongoing efficiency and effectiveness of the business to ensure
year-on-year delivery of cost reduction & service delivery
improvements
- Leads a significant portfolio of change initiatives that focus on &
drive forward improvements to business performance and cost
effectiveness
- Oversee all financial operations & direct corporate financial 90 - 140 110 - 220
Finance planning & structure. million million
Director/ - Coordinate, analyze & report the financial performance to
Head of
Management & Board of Directors (financial performance, projections
Finance
& other special projects as required).
- Prepare short & long-term financial forecasts of financial
performance for use with internal management & external parties.
- Oversee audit & tax functions, coordinate activities with outside
audit firms & review firms performance.
- Financial planning: develop & maintain the P&L budget & forecast. 25 - 30 25 - 40
Finance - Produce robust forecasts that achieve business objectives. million million
Business - Reporting and analysis
Analyst
- Provide timely and accurate analysis of budgets, forecasts & actuals.
- Partner Finance Controllership team on P&L & B/S management.
- Track & control the budgets for CAPEX & overhead expenses for the
BU.
- Establish & monitor Key Performance Indicators (KPI) for the BU.
- Manage & direct the treasury activities of the total organization & 60 - 70 65 - 90
Treasury ensure that the financial transactions, policies, & procedures meet million million
Director/ organization objectives, needs, and regulatory body requirements.
Manager
The US’s withdrawal from TPP trade deal did not hinder Vietnam’s manu-
facturing growth and export orders in 2018. On the contrary, as manu-
facturers are transplanting out of China, many international companies
are looking to set up new factories or acquire local manufactures, opening
up new job opportunities for both junior and senior candidates. However,
the shortage of local technical specialists and operational leaders is still a
big concern, which makes MNCs find it a hindrance to localize the whole
organization. New challenges and attractive compensation packages are
the key drivers for companies to acquire the talents they need.
Phuc Dao, Manager
Industrial
Engineering
Position Job Description 2018 Salary 2019 Salary
The Chief Engineer is responsible for ensuring that all site equipment 180 - 220 200 - 250
Chief is properly serviced and functional, that the site grounds and facilities million million
Engineering are maintained, and the training is provided for each department as
to the proper operation, overall management of engineering
department to include scheduling, training, coaching, etc. and
maintenance of departmental equipment. Must be able to maintain
the physical operation of the site including building structure, fixtures,
refrigeration, heating, ventilation, and air conditioning, plumbing,
water treatment, electrical systems and grounds.
Construction managers are a part of the building process from the 40 - 130 40 - 80
Construction very beginning, working closely with architects and engineers to go million million
Manager over plans and blueprints, making timetables for the project,
determining material and labor costs, negotiating with and hiring
subcontractors and workers, scheduling workers on site.
Manufacturing
Overall responsibility for manufacturing operations management 90 - 120 150 - 320
Operation and daily operations. Hire, develop and lead Cross Functional Teams million million
Director/ to establish new factory and grow operation profitably. Achieve
Factory
successful, cost effective launch of new designs into production.
Manager
Provide leadership to ensure company objectives are met in all key
areas, including but not limited to: cost, materials, quality, working
capital, and logistics.
Production Responsible for leading the production planning team to effectively 40 - 80 50 - 100
Planning create and maintain an efficient production schedule that meets million million
Manager company objectives and customer requirements.
Plan, develop, optimize and organise the movement of products right 35 - 50 80 - 120
Supply the way through to customers. Direct management of purchasing, million million
Chain warehousing, distribution and delivery to limit costs and improve
Manager
accuracy, customer service. Examine existing procedures or
opportunities for streamlining activities to meet product distribution
needs.
This role manages the logistics process from the factory ‘back door’ 35 - 50 60 - 90
Logistic through to the final customer, optimizing efficiency and cost and million million
Manager ensuring an engaged and productive team.
Management
Be responsible for leading the organization to build up the business 150 - 220 250 - 400
General and driving profitability for company. Develop strategy , short and million million
Manager long-term goals, Annual budget. Set up and standardize the working
process, company policies, distribution system. Manage day-to-day
operation and assures a smoothly functioning, efficient organization.
Ensure the effectiveness of relevant functions in charge.
Drive commercialization of key consumer/shopper insights into 100 - 180 120 - 200
Commercial effective channel and customer plans. Maintain a close working million million
Director
relationship with sales, marketing and operations functions to
ensure delivery of monthly share and volume target. Ensure
effective and efficient execution of new product introductions
across all relevant channels.
Sales
Strategically categorize product portfolio and develop suitable 150 - 250 120 - 180
Sales Sales and Marketing strategy for each category into suitable million million
Director
channels. Build sales capability development to improve Sales
force capability. Develop Sales operation team to support
performance management & improve communication as well as
KPIs-tracking.
Set-up & execute sales target and sales growth. Establish, determine 110 - 150 60 - 80
Regional and administrate sales policies and procedures. Monitor daily / million million
Sales weekly / monthly key performance of Area Sales Managers/
Manager
Supervisors/ Salesman. Generate leads, conduct sales, prospect and
Planning. Regular market visit to monitor/check the sales team
execution and evaluate. Support & establish better relationship with
customers. Training and Coaching for Sales Team.
Marketing
Be responsible for develop and execute business strategy and brand 65 - 80 60 - 160
Marketing development of current as well as new products. Lead consumer/ million million
Director customer insights & understanding of market trends. Be in charge of
Brand building, CRM, Trade Performance, Integrated marketing
communication and people management.
Retail
Ensure operational effectiveness of stores by good inventory control, 30 - 50 40 - 70
Retails staff management, visual merchandising and store operations. Boost million million
Operations customer growth by planning and implementing suitable sales &
Manager
promotional activities. Ensure the compliance of store's activities with
company's standards, legal requirements, as well as improve
processes and systems to achieve excellent results.
Management
Be responsible for leading the organization to build up the business 250 - 380 250 - 400
General and driving profitability for company. Develop strategy , short and million million
Manager long-term goals, Annual budget. Set up and standardize the working
process, company policies, distribution system. Manage day-to-day
operation and assures a smoothly functioning, efficient organization.
Ensure the effectiveness of relevant functions in charge.
Drive the strategic planning and business development of the 140 - 220 150 - 250
Business business unit by aligning sales and marketing activities. Provide million million
Unit direction and develop strategies for marketing and sales team to
Manager
achieve operational objectives of the business unit. Work with
various internal and external stakeholders.
Sales
Build up sales strategy to be in line with marketing strategy, then 130 - 220 130 - 220
Head of convert the strategy to short-term and middle-term planning. million million
Sales
Establish annual sales objectives, forecast and develop annual
sales quotas for regions and territories. Manage operations of
the sales team to ensure effectiveness of planning and execution
of the plan. Facilitate the collaboration of sales team cross-
functionally. Coach, lead and provide leadership training to sales
team.
Develop and lead a team of district sales managers and key accounts 60 - 90 60 - 100
Regional to achieve business objectives at assigned region. Develop million million
Sales professional relationship with key accounts and KOLs. Leading field
Manager
force to work with marketing to implement promotional activities.
Marketing
Manage portfolio to drive business and meet marketing objectives. 80 - 120 90 - 120
Marketing Develop comprehensive marketing strategies and integrated plans million million
Manager and ensure proper implementation. Manage day-to-day activtities
of marketing team. Drive marketing excellence and innovation. Build
business cases for new launches.
Technical Healthcare
Develop a medical cross-functional strategies to support the business 120 - 150 120 - 150
Medical to meet its strategic business goals while ensuring compliance with million million
Director applicable legal and regulatory requirements. Develop strong
professional relationships with key opinion leaders, based on science
and mutual scientific, educational, and philanthropic interests.
Provide scientific supports for the development and approval of
promotional materials, company's policies, procedures, and practices.
Interact other internal department to provide inputs, support and
strategic direction to corporate initiatives, social responsibilities, and
access to medicines.
Develop and deliver regulatory plan in both short term and long 120 - 140 120 - 150
Regulatory term to support business. Timely update the trend in regulation million million
Affairs movement and forecast the impact to the business. Interpretation of
Director
local regulations into clear and understandable information for other
departments to follow. Ensure compliance to local regulations,
including timely submission and getting license of products, labeling,
business, importation, etc. Develop relationship to Health Authorities
and act as bridge to connect company with MoH.
Management
- Set and deploy policy/strategy for operations. 180 - 220 200 - 400
General - Manage and supervise overall operations to achieve the company’s million million
Manager/ objectives.
Managing
- Coordinate with other functions in any related areas.
Director
- Assume responsibility for the growth, management, retention, and
satisfaction of a portfolio of key accounts.
- Demonstrate marketing ability to lead clients strategically and
tactically.
- Provide engagement leadership and develop strong relationships
with key client contacts.
- Motivate, lead, and manage internal teams to develop and manage
interactive marketing programs that meet clients’ business objectives.
- Manage overall sales channels and marketing functions and ensure 70 - 80 120 - 220
Sales & the achievement of the defined sales targets and revenue. million million
Marketing - Analyze sales strategy and conduct marketing opportunity analysis
Director
to determine business growth.
- Create brand equity and ensure effective brand positioning, brand
awareness and product launching.
- Engage with product teams on the launch and lifecycle
management of products including development of key deliverables.
- Work closely with top management.
Sales
- Manage overall sales channels and ensure the achievement of the 150 - 250 120 - 250
Sales defined sales targets and revenue. million million
Director - Analyze sales strategy and conduct marketing opportunity analysis
to determine business growth.
Key Account - In charge of specific account or industry related to each sales team 60 - 80 70 - 110
million million
Manager and business functions.
2018 marks some significant shifts in labor movement within the financial
services sector. While weak management of banking credit operations in
2017 pushed highly-skilled talents to explore other opportunities in life
insurance and education services, stricter policies enforced in 2018 have
helped attracted these candidates back to the banking industry. Foreign
banks opt to focus their investment in commercial and wholesale banking,
thus, generating hiring demands for retail relationship managers.
2018 also sees firms in capital management and securities sector expand-
ing and diversifying their investment portfolio, in which fintech, retail and
hospitality are the top choices. As a result of the stock market fluctuations,
there is high demand for talents in research and institutional sales depart-
ment in securities sector.
Vinh Phan, Principal Consultant
Financial & Professional Services
Financial Services
Position Job Description 2018 Salary 2019 Salary
- Lead & monitor a strong Credit Evaluation team covering Credit 100 - 150 120 - 180
Head of Risk Management, Collection & Fraud Risk Management with the million million
Credit main focuses on credit risk oversight, verification & approval for
corporate & retail banking divisions; design, implement &d updat risk
strategy & credit underwriting guidelines; build up risk-based CRM
dashboard & internal MIS; improving risk-based turnaround time &
productivity; improve collection activities, processes and outcome;
establishing framework & training programs for fraud risk prevention
& detection.
- Responsible for the operation, strategic direction & leadership of 85 - 155 100 - 200
Head of Sales the Bank's retail branch networks. million million
- Retail - Take responsibility for building the business and engaging a strong
Banking /
team of Sales & Distribution, Product Development & Profit & Loss of
Consumer
Unsecured and Secured Products.
Lending
- Support the CEO in defining & implementing business development 150 - 220 165 - 240
Chief
strategy; managing & operating all distribution channels of the million million
Distribution
Officer Company.
- Ensure & fully be responsible for the overall target, budget,
profitability, future development and growth of the business.
- Lead the pricing team on actuarial pricing, product development & 55 - 78 65 - 100
Actuarial
experience studies accurately. million million
Manager
- Lead & motivate the corporate actuarial team to do corporate
valuation & risk assessment services properly.
- Identify potential growth & external opportunities of growth to 115 - 220 130 - 250
Head of
complement the current portfolio, Mergers & Acquisition activities to million million
Investment,
New Business identify & acquire new business opportunities.
Development - Capable of closing prospective deals & pending deals, managing
brokers, dealing with vendors and stakeholders;
- Develop strong networks with the government authorities & play a
crucial communicator role to drive the Board of Directors’ strategic
direction.
- Develop & lead a strong team of research analysts covering 100 - 180 115 - 250
Head of Vietnamese stocks as well as macroeconomics. million million
Equity - Ensure regular & in-depth coverage of stocks & sectors as well as
Research
providing daily commentary on the stock market & corporate
developments.
- Author market strategy reports on a regular basis & develops
trading strategies for clients.
- Proactively push trading ideas & strategies to Institutional Sales &
Trading team and Brokers.
- Regularly interact with clients to communicate trading ideas &
market outlook.
- Develop & maintain a connection with a key & potential accounts. 80 - 100 100 - 130
Sales & - Develop & implement strategic marketing & sales plans, & forecast million million
Marketing to achieve corporate objectives for products & services and align with
Director
operating budgets.
- Market research to well understand competitors & ensure effective
control & takes corrective actions.
- Recruit, train & set individual target collectively, as well as monitor &
review their performance accordingly.
- Develop & implement sales strategy & programs by generating field 70 - 100 90 - 120
Sales
sales action plans. Analyse market trends & results as well as establish million million
Director
sales objectives by forecasting units’ annual sales quotas.
- Project expected sales volume & profit for existing & new products/
services.
- Complete national sales operational requirements by scheduling &
assigning employees; following up on work results.
- Develop & execute growth strategies & plans. Manage & retain 40 - 55 50 - 70
Business
relationships with existing and potential clients. million million
Development
Manager - Identify & map business strengths & customer needs to research
business opportunities & viable income streams. Draft & review
contracts & negotiate with stakeholders for deal closing.