How much money does a person working in Accounting and Finance make in Ha Noi?
Average Monthly Salary
19,400,000 VND
( 233,000,000 VND yearly)
LOW
7,780,000
VND
AVERAGE
19,400,000
VND
HIGH
38,600,000
VND
All salary figures displayed here are per month except when noted otherwise.
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
A person working in Accounting and Finance in Ha Noi typically earns around 19,400,000 VND. Salaries range from 7,780,000 VND (lowest average) to 38,600,000 VND (highest average, actual maximum salary is higher).
Salary Variance
The provided figure represents the median compensation that encompasses housing, transportation, and other perks. The salaries within the Accounting and Finance domain in Ha Noi exhibit significant discrepancies across various professions. In case you seek information about the remuneration of a specific position, please refer to the salaries listed below for respective job titles.
Salaries for specific jobs
Accounting and Finance | |
Account Examiner | 9,800,000 VND |
Account Executive | 16,500,000 VND |
Accountant | 12,700,000 VND |
Accounting Analyst | 16,200,000 VND |
|
Accounting Assistant | 9,650,000 VND |
Accounting Associate | 9,440,000 VND |
Accounting Clerk | 7,780,000 VND |
Accounting Coordinator | 11,800,000 VND |
Accounting Head | 26,100,000 VND |
Accounting Manager | 27,800,000 VND |
Accounting Officer | 9,490,000 VND |
Accounting Specialist | 16,800,000 VND |
Accounting Supervisor | 16,900,000 VND |
Accounting Technician | 8,810,000 VND |
Accounting Unit Controller | 21,400,000 VND |
Accounts Executive | 15,700,000 VND |
Accounts Officer | 10,400,000 VND |
Accounts Payable and Receivable Specialist | 13,200,000 VND |
Accounts Payable Assistant | 10,100,000 VND |
Accounts Payable Associate | 11,600,000 VND |
Accounts Payable Clerk | 9,420,000 VND |
Accounts Payable Manager | 24,200,000 VND |
Accounts Receivable Administrator | 19,200,000 VND |
Accounts Receivable Clerk | 9,760,000 VND |
Accounts Receivable Financial Analyst | 17,200,000 VND |
Accounts Receivable Manager | 24,700,000 VND |
Accounts Receivable Team Leader | 19,200,000 VND |
Algorithmic Trading Specialist | 22,900,000 VND |
Assistant Accountant | 9,370,000 VND |
Assistant Accounting Manager | 24,200,000 VND |
Assistant Auditor | 12,700,000 VND |
Assistant Corporate Controller | 18,200,000 VND |
Assistant Finance Manager | 27,100,000 VND |
Assistant Financial Controller | 17,000,000 VND |
Audit Director | 28,300,000 VND |
Audit Supervisor | 24,200,000 VND |
Auditing Clerk | 10,400,000 VND |
Auditing Manager | 26,800,000 VND |
Billing Clerk | 10,000,000 VND |
Billing Coordinator | 11,600,000 VND |
Billing Specialist | 13,200,000 VND |
Billing Supervisor | 19,800,000 VND |
Bookkeeper | 8,240,000 VND |
Bookkeeping Specialist | 12,000,000 VND |
Budget Analyst | 23,000,000 VND |
Budget Manager | 26,700,000 VND |
Business Support Analyst | 14,400,000 VND |
Capital Markets Associate | 18,700,000 VND |
Cash Flow Analyst | 18,900,000 VND |
Cash Management Manager | 26,500,000 VND |
Cash Management Officer | 14,900,000 VND |
Cashbook Clerk | 8,710,000 VND |
Chartered Accountant | 16,100,000 VND |
Chief Accountant | 19,100,000 VND |
Chief Financial Technology Officer | 25,900,000 VND |
Collections Clerk | 7,960,000 VND |
Collections Representative | 11,300,000 VND |
Collections Specialist | 13,400,000 VND |
Corporate Controller | 21,100,000 VND |
Corporate Treasurer | 25,100,000 VND |
Cost Accountant | 12,600,000 VND |
Cost Accounting Manager | 25,300,000 VND |
Cost Accounting Supervisor | 20,500,000 VND |
Cost Analyst | 19,600,000 VND |
Credit and Collection Manager | 25,900,000 VND |
Credit and Collection Staff | 10,000,000 VND |
Credit and Loans Officer | 9,520,000 VND |
Credit Controller | 18,300,000 VND |
Credit Manager | 26,600,000 VND |
Debt Adviser | 20,400,000 VND |
Debt Collector | 10,600,000 VND |
Debtors Clerk | 8,530,000 VND |
Debtors Controller | 9,490,000 VND |
Deputy CFO | 36,800,000 VND |
Deputy Head of Finance | 34,600,000 VND |
Derivative Trader | 21,100,000 VND |
Director of Finance | 36,200,000 VND |
E-commerce Accountant | 13,100,000 VND |
Economist | 30,000,000 VND |
Equity Analyst | 23,600,000 VND |
Escrow Assistant | 11,000,000 VND |
Executive Accountant | 14,300,000 VND |
External Auditor | 17,500,000 VND |
Finance Administrator | 14,400,000 VND |
Finance Analyst | 22,500,000 VND |
Finance Associate | 11,500,000 VND |
Finance Data Analyst | 21,200,000 VND |
Finance Director | 37,700,000 VND |
Finance Executive | 26,500,000 VND |
Finance Licensing Clerk | 9,330,000 VND |
Finance Licensing Manager | 23,900,000 VND |
Finance Licensing Specialist | 14,500,000 VND |
Finance Manager | 34,600,000 VND |
Finance Officer | 12,000,000 VND |
Finance President | 38,500,000 VND |
Finance Relationship Manager | 28,500,000 VND |
Finance Release Analyst | 14,400,000 VND |
Finance Specialist | 21,900,000 VND |
Finance Team Leader | 29,400,000 VND |
Financial Accountant | 12,700,000 VND |
Financial Actuary | 19,700,000 VND |
Financial Administrator | 20,800,000 VND |
Financial Advisor | 23,300,000 VND |
Financial Analyst | 24,000,000 VND |
Financial Applications Specialist | 15,500,000 VND |
Financial Assistant | 10,700,000 VND |
Financial Associate | 10,800,000 VND |
Financial Associate | 11,900,000 VND |
Financial Claims Analyst | 16,500,000 VND |
Financial Claims Manager | 23,300,000 VND |
Financial Claims Supervisor | 21,000,000 VND |
Financial Clerk | 10,300,000 VND |
Financial Commercial Analyst | 18,800,000 VND |
Financial Compliance Analyst | 21,400,000 VND |
Financial Compliance Officer | 20,100,000 VND |
Financial Consultant | 16,900,000 VND |
Financial Controller | 20,400,000 VND |
Financial Controller | 20,100,000 VND |
Financial Coordinator | 12,000,000 VND |
Financial Customer Service Manager | 22,600,000 VND |
Financial Data Scientist | 22,900,000 VND |
Financial Dealer and Broker | 13,400,000 VND |
Financial Director | 38,300,000 VND |
Financial Encoder | 10,800,000 VND |
Financial Manager | 34,200,000 VND |
Financial Manager | 37,000,000 VND |
Financial Modelling Analyst | 23,700,000 VND |
Financial Operations Manager | 31,900,000 VND |
Financial Policy Analyst | 19,600,000 VND |
Financial Project Manager | 26,200,000 VND |
Financial Quantitative Analyst | 22,400,000 VND |
Financial Reporting Consultant | 17,700,000 VND |
Financial Reporting Manager | 24,100,000 VND |
Financial Section Head | 24,600,000 VND |
Financial Services Manager | 32,500,000 VND |
Financial Services Sales Agent | 13,500,000 VND |
Financial Technology Consultant | 20,100,000 VND |
Financial Wellness Coach | 25,300,000 VND |
FinTech Analyst | 22,800,000 VND |
Fixed Assets Administrator | 13,000,000 VND |
Forensic Accountant | 14,400,000 VND |
Fraud Detection Supervisor | 16,300,000 VND |
Fraud Prevention Manager | 26,100,000 VND |
Fund Accountant | 11,900,000 VND |
Grants Coordinator | 9,720,000 VND |
Green Finance Analyst | 19,500,000 VND |
Group Financial Manager | 36,600,000 VND |
Internal Auditor | 17,800,000 VND |
Internal Control Adviser | 20,800,000 VND |
Internal Control Officer | 11,200,000 VND |
International Tax Director | 30,200,000 VND |
Inventory Accountant | 13,000,000 VND |
Investment Advisor | 35,500,000 VND |
Investment Analyst | 25,400,000 VND |
Investment Associate | 21,600,000 VND |
Investment Broker | 20,900,000 VND |
Investment Fund Manager | 27,800,000 VND |
Investment Operations Manager | 29,700,000 VND |
Investment Underwriter | 11,300,000 VND |
Investor | 16,300,000 VND |
Investor Relations Manager | 24,600,000 VND |
KYC Team Leader | 24,400,000 VND |
Loan Processor | 10,500,000 VND |
Management Accountant | 14,500,000 VND |
Management Economist | 28,500,000 VND |
Paymaster | 10,500,000 VND |
Payroll Administrator | 17,100,000 VND |
Payroll Benefits Coordinator | 14,400,000 VND |
Payroll Billing Manager | 23,100,000 VND |
Payroll Clerk | 10,900,000 VND |
Payroll Manager | 24,500,000 VND |
Payroll Officer | 10,700,000 VND |
Payroll Specialist | 13,700,000 VND |
Payroll Supervisor | 16,600,000 VND |
Pensions Administrator | 13,000,000 VND |
Personal Financial Advisor | 19,600,000 VND |
Pricing Analyst | 22,300,000 VND |
Private Equity Analyst | 22,200,000 VND |
Project Accountant | 13,400,000 VND |
Proposal Development Coordinator | 10,900,000 VND |
Quantitative Trader | 18,800,000 VND |
Receivables Accountant | 11,900,000 VND |
Regulatory Accountant | 14,500,000 VND |
Retirement Plan Analyst | 21,100,000 VND |
Revenue Management Specialist | 21,200,000 VND |
Revenue Recognition Analyst | 23,600,000 VND |
Risk Management Director | 30,400,000 VND |
Risk Management Supervisor | 24,200,000 VND |
Staff Accountant | 12,300,000 VND |
Tax Accountant | 12,200,000 VND |
Tax Administrator | 14,100,000 VND |
Tax Advisor | 19,300,000 VND |
Tax Analyst | 18,700,000 VND |
Tax Associate | 10,600,000 VND |
Tax Consultant | 20,800,000 VND |
Tax Director | 29,300,000 VND |
Tax Examiner | 13,300,000 VND |
Tax Manager | 26,800,000 VND |
Tax Research Manager | 25,900,000 VND |
Teller | 7,320,000 VND |
Treasury Accountant | 13,400,000 VND |
Treasury Analyst | 21,100,000 VND |
Underwriter | 8,910,000 VND |
Underwriting Assistant | 8,100,000 VND |
Vice President of Finance | 36,300,000 VND |
Accounting and Finance Jobs Pay Scale and Salaries in Ha Noi
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/vietnam/ha-noi/accounting-and-finance/median-and-salary-distribution-monthly-ha-noi-accounting-and-finance.jpg Salary Structure and Pay Scale Comparison
5% of people earn
20,700,000 VND or more
10% of people earn
17,500,000 to 20,700,000 VND
20% of people earn
10,600,000 VND or less
65% of people earn
10,600,000 to 17,500,000 VND
Minimum Salary 7,780,000 VND |
Median 18,200,000 VND |
Maximum 38,600,000 VND |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
All salary figures displayed here are per month except when noted otherwise.
Salary Range, Minimum Wage, and Starting Salary
Salaries in Accounting and Finance in Ha Noi range from 7,780,000 VND (starting average salary) to 38,600,000 VND (maximum average salary, actual maximum is higher). To clarify, the number presented is not the legally mandated minimum wage. Rather, it represents the lowest figure reported in a salary survey that involved thousands of participants and professionals from across the entire country.
Median Salary
The median income in the field of Accounting and Finance is 18,200,000 VND, implying that half of the workforce in Ha Noi earns less than this figure, and the other half earns more. It represents the central value of salaries. As a rule of thumb, you would prefer to be part of the group earning above the median wage, situated on the right-hand side of the salary distribution chart.
Percentiles and Salary Scale
Two values that are highly correlated with the median are the 25th and 75th percentiles. By examining the salary distribution diagram, it is possible to determine that 25% of individuals employed in Accounting and Finance in Ha Noi earn less than 14,200,000 VND, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 21,900,000 VND, while 25% earn more than that.
Pay Scale Structure
Data was regrouped into brackets to provide a better understanding of what salaries can be expected. This approach was deemed more accurate than relying solely on the average salary, as it offers greater insights into the distribution of salaries in the field of Accounting and Finance in Ha Noi. The analysis revealed that roughly 65% of all reported salaries fell within the range of 10,600,000 VND to 17,500,000 VND. Approximately 20% of salaries were below the 10,600,000 VND mark, while 10% ranged from 17,500,000 VND to 20,700,000 VND. Only 5% of individuals earned a gross salary of 20,700,000 VND or higher.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-by-experience.jpg The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage.
Generally speaking, employees in Accounting and Finance in Ha Noi having experience from two to five years earn on average 32% more than freshers and juniors across all industries and disciplines.
Professionals with experience of more than five years tend to earn on average 36% more than those with five years or less of work experience.
As you hit the ten years mark, the salary increases by 21% and an additional 14% for those who have crossed the 15 years mark.
Those figures are presented as guidelines only. The numbers become more significant if you consider one job title at a time.
Change in salary based on experience varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of many different jobs. To view accurate figures, choose a specific job title.
“ On average, a person's salary doubles their starting salary by the time they cross the 10 years* experience mark. ”
Salary Comparison By Education
How does the education level affect your salary?
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-comparison-by-education.jpg Change in salary based on education varies drastically from one location to another and depends hugely on the career field as well. The data displayed here is the combined average of multiple jobs. To view accurate figures, choose a specific job title.
It is well known that higher education equals a bigger salary, but how much more money can a degree add to your income?
We compared the salaries of professionals at the same level but with different college degree levels across many jobs in Accounting and Finance in Ha Noi, below are our findings.
Workers with a certificate or diploma earn on average 17% more than their peers who only reached the high school level.
Employees who earned a Bachelor's Degree earn 24% more than those who only managed to attain a certificate or diploma.
Professionals who attained a Master's Degree are awarded salaries that are 29% more than those with a Bachelor's Degree.
Finally, PhD holders earn 23% more than Master's Degree holders on average while doing the same job.
Is a Master's degree or an MBA worth it? Should you pursue higher education?
A Master's degree program or any post-graduate program in Vietnam costs anywhere from 86,400,000 VND to 259,000,000 VND and lasts approximately two years. That is quite an investment.
Employees can't expect any salary increases during the study period, assuming they already have a job. In most cases, a salary review is conducted once education is completed and the degree has been attained.
Many people pursue higher education as a tactic to switch to a higher-paying job. The numbers seem to support this tactic. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
The decision really depends on the situation and experience among many other factors. Putting all variables aside, if a person can afford the costs of higher education then the return on investment is definitely worth it. Degree costs can be recovered roughly in a year or so.
Salary and Compensation Comparison By Gender / Accounting and Finance / Ha Noi
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/vietnam/accounting-and-finance/salary-comparison-by-gender-monthly-vietnam-accounting-and-finance.jpg Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? In the field of Accounting and Finance in Vietnam, the average difference between the salary of male and female employees is 11%.
Male | | 18,900,000 VND |
Female | -10% | 17,000,000 VND |
Percentage increase and decrease are relative to the previous value
Salary Comparison By Gender in Vietnam for all Careers
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/vietnam/salary-comparison-by-gender-monthly-vietnam.jpg
Average Annual Salary Increment Percentage / Accounting and Finance / Ha Noi
How much are annual salary increments in Ha Noi for individuals working in Accounting and Finance? How often do employees get salary raises?
Professionals working in Accounting and Finance in Vietnam are likely to observe a salary increase of approximately % every months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/vietnam/accounting-and-finance/annual-salary-increment-rate-vietnam-accounting-and-finance.jpg The figures provided here are averages of numbers. Those figures should be taken as general guidelines. Salary increments will vary from person to person and depend on many factors, but your performance and contribution to the success of the organization remain the most important factors in determining how much and how often you will be granted a raise.
Vietnam / All Professions
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/vietnam/annual-salary-increment-rate-vietnam.jpg The term Annual Salary Increase usually refers to the increase in 12 calendar month period, but because it is rare that people get their salaries reviewed exactly on the one-year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
How to calculate the salary increment percentage?
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 / Increase Frequency
“The average salary increase in one year (12 months) in Vietnam is 6%.”
Worldwide Salary Raises: All Countries and All Jobs
Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/images/salary-increment-world.jpg Salary Packages and Schemes
Not all compensation increases are reflected directly in the salary. Some companies offer upgraded packages to their staff instead of cash money. The figures displayed here account only for direct increments to the base salary.
Bonus and Incentive Rates / Accounting and Finance / Vietnam
How much and how often are bonuses being awarded?Share This Chart Get Chart Linkhttp://www.salaryexplorer.com/charts/vietnam/accounting-and-finance/annual-salary-bonus-rate-vietnam-accounting-and-finance.jpg
100% of surveyed staff in Accounting and Finance reported that they haven't received any bonuses or incentives in the previous year while % said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from % to % of their annual salary.
Received Bonus | | % |
No Bonus | | 100% |
Types of Bonuses Considered
Individual Performance-Based BonusesThe most standard form of bonus, where the employee is awarded based on their exceptional performance.
Company Performance BonusesOccasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.
Goal-Based BonusesGranted upon achieving an important goal or milestone.
Holiday / End of Year BonusesThese types of bonuses are given without a reason and usually resemble an appreciation token.
Bonuses Are Not Commissions!
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
What makes a position worthy of good bonuses and a high salary?
The main two types of jobs |
Revenue Generators | Supporting Cast |
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business. | Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations. |
Example: A graphics designer working for a graphics designing company. | Example: A graphic designer in the marketing department of a hospital. |
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
“Try to work for companies where your skills can generate revenue. We can't all generate revenue and that's perfectly fine.”
Bonus Comparison by Seniority Level
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
Hourly Average Wage / Accounting and Finance / Ha Noi
112,000 VND
per hour The average hourly wage (pay per hour) in Accounting and Finance in Ha Noi is 112,000 VND.This is the rate they get paid for every worked hour.
Hourly Wage = Annual Salary / ( 52 x 5 x 8 )
About The Hourly Pay Rate
The hourly wage is the salary paid in one worked hour. Usually, jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fixed amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
What is the minimum hourly rate of pay?
The minimum pay rate per hour for people working in Accounting and Finance in Ha Noi is 44,900 VND. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary Comparison By City
Da Nang | 18,100,000 VND |
Ha Noi | 19,400,000 VND |
Hai Phong | 16,800,000 VND |
Thanh Pho Ho Chi Minh | 20,300,000 VND |
Government vs Private Sector Salary Comparison
Where can you get paid more, working in a private company or the government? The difference between the public or government sector salaries and the private sector salaries in Vietnam is 8% on average across all career fields.
Private Sector | | 16,500,000 VND |
Public Sector | +8% | 17,800,000 VND |
Percentage increase and decrease are relative to the previous value
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary in Accounting and Finance in Ha Noi?
A good and competitive compensation would range anywhere between 18,200,000 VND and 21,900,000 VND. This is a very rough estimate. Experience and education play a very huge part in the final earnings.
Gross Salary (before tax) and Net Salary (after tax)
All salary and compensation figures displayed here are gross salary figures, that is the salary before tax deductions. Because taxes may differ across sectors and locations, it is difficult to accurately calculate the net salary after tax for every career.
Base / Basic Salary
The base salary for jobs in Accounting and Finance in Ha Noi ranges from 7,780,000 VND to 14,200,000 VND. The base salary depends on many factors including experience and education. It is not easy to provide a figure with very little information, so take this range with a grain of salt.
What is the difference between the median and the average salary?
Both are indicators. If your salary is higher than both the average and the median then you are doing very well. If your salary is lower than both, then many people earn more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary