Procurement Engineer Average Salary in Vietnam 2024
How much money does a person working as Procurement Engineer make in Vietnam?
LOW
7,970,000
VND AVERAGE
14,800,000
VND HIGH
22,300,000
VND
A person working as Procurement Engineer in Vietnam typically earns around 14,800,000 VND. Salaries range from 7,970,000 VND (lowest) to 22,300,000 VND (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Procurement Engineer salaries in Vietnam vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Procurement Engineer Pay Scale and Salaries in Vietnam
Salary Structure and Pay Scale Comparison
13,200,000 VND or more
11,800,000 to 13,200,000 VND
8,750,000 VND or less
8,750,000 to 11,800,000 VND
 7,970,000 VND |
13,200,000 VND |
22,300,000 VND |
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries for the position Procurement Engineer in Vietnam range from 7,970,000 VND (starting salary) to 22,300,000 VND (maximum salary). It should be noted that the given figure is not the legally mandated minimum wage; rather, it represents the lowest figure reported in a salary survey that included thousands of participants and professionals from all regions of the country.
Median Salary
With a median salary of 13,200,000 VND, half of the professionals who work as Procurement Engineer in Vietnam earn less than this amount, and the other half earn more. The median salary denotes the middle value of salaries. Ideally, you would want to belong to the group earning more than the median salary, located on the right side of the salary distribution graph.
Percentiles and Salary Scale
The median is closely associated with two other values known as the 25th and 75th percentiles. By examining the salary distribution chart, it can be determined that 25% of professionals employed as Procurement Engineer in Vietnam earn less than 11,000,000 VND, while 75% earn more. Similarly, the chart shows that 75% earn less than 14,900,000 VND while 25% earn more.
Pay Scale Structure
To provide a better understanding of expected salaries, we categorized the frequently occurring salaries into different ranges. This approach provides a more precise representation of salary distribution for the job title Procurement Engineer in Vietnam compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 8,750,000 VND to 11,800,000 VND. About 20% of salaries are below the 8,750,000 VND mark, while 10% fall within the range of 11,800,000 VND to 13,200,000 VND. Only 5% of individuals have salaries exceeding 13,200,000 VND.
Salary Comparison by Years of Experience / Procurement Engineer / Vietnam
How do experience and age affect pay?
| 0 - 2 Years | 9,260,000 VND | |
| 2 - 5 Years | +26% | 11,700,000 VND |
| 5 - 10 Years | +32% | 15,400,000 VND |
| 10 - 15 Years | +18% | 18,100,000 VND |
| 15 - 20 Years | +11% | 20,100,000 VND |
| 20+ Years | +6% | 21,400,000 VND |
The experience level is the most important factor in determining the salary. Naturally, the more years of experience the higher the wage. We broke down salaries by experience level for people working as Procurement Engineer and this is what we found.
Employees with less than two years of experience earn approximately 9,260,000 VND.
While someone with an experience level between two and five years is expected to earn 11,700,000 VND, 26% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 15,400,000 VND, 32% more than someone with two to five years of experience.
Additionally, professionals whose expertise span anywhere between ten and fifteen years get a salary equivalent to 18,100,000 VND, 18% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 20,100,000 VND, 11% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 21,400,000 VND, 6% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Procurement Engineer / Vietnam
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Procurement Engineer.
| High School | 11,300,000 VND | |
| Certificate or Diploma | +13% | 12,700,000 VND |
| Bachelor's Degree | +32% | 16,700,000 VND |
| Master's Degree | +24% | 20,700,000 VND |
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down salaries by education level for the position Procurement Engineer in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 11,300,000 VND.
Level 2: Certificate or Diploma
At this level, the average salary becomes 12,700,000 VND, 13% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 16,700,000 VND, 32% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 20,700,000 VND, 24% more than the previous level.
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.
You can't really expect any salary increases during the study period, assuming you 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 the theory. The average increase in compensation while changing jobs is approximately 10% more than the customary salary increment.
If you can afford the costs of higher education, the return on investment is definitely worth it. You should be able to recover the costs in roughly a year or so.
Typical Salary Difference by Education for Most Careers
Salary and Compensation Comparison By Gender / Procurement Engineer / Vietnam
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? For the people who work as Procurement Engineer in Vietnam, the average difference between the salary of male and female employees is 8%.
| Male | 15,200,000 VND | |
| Female | -7% | 14,100,000 VND |
Salary Comparison By Gender in Vietnam for all Careers
Average Annual Salary Increment Percentage / Procurement Engineer / Vietnam
How much are annual salary increments in Vietnam for individuals working as Procurement Engineer? How often do employees get salary raises?
Individuals working as Procurement Engineer in Vietnam are likely to observe a salary increase of approximately 10% every 18 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
Vietnam / All Professions
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
Worldwide Salary Raises: All Countries and All Jobs
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 / Procurement Engineer / Vietnam
How much and how often are bonuses being awarded?
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50% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 50% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 4% to 5% of their annual salary.
| Received Bonus | 50% | |
| No Bonus | 50% |
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: | Example: |
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.
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.
Average Hourly Wage / Procurement Engineer / Vietnam
85,200 VND per hourThe average hourly wage (pay per hour) for individuals working as Procurement Engineer in Vietnam is 85,200 VND.This is the rate they get paid for every worked hour.
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 as Procurement Engineer in Vietnam is 46,000 VND. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Purchasing and Inventory |  -100% | |
| Asset Management Associate | 15,400,000 VND |  +4% |
| Asset Protection Associate | 14,600,000 VND | -1% |
| Asset Protection Specialist | 16,000,000 VND | +8% |
| Assistant Buyer | 14,100,000 VND | -4% |
| Buyer | 23,400,000 VND | +58% |
| Capacity Planner | 17,500,000 VND | +19% |
| Category Leader | 16,100,000 VND | +9% |
| Category Management Specialist | 15,500,000 VND | +5% |
| Category Manager | 18,100,000 VND | +23% |
| Channel Services Representative | 16,300,000 VND | +10% |
| Contracts Manager | 19,900,000 VND | +35% |
| Contracts Specialist | 15,200,000 VND | +3% |
| Demand Planner | 17,200,000 VND | +17% |
| Demand Planning Manager | 19,300,000 VND | +31% |
| Digital Procurement Manager | 17,600,000 VND | +19% |
| Distribution Assistant | 13,100,000 VND | -11% |
| Distribution Associate | 13,800,000 VND | -7% |
| Distribution Manager | 30,200,000 VND | +100% |
| E-Commerce Buyer | 15,300,000 VND | +4% |
| E-procurement Specialist | 19,200,000 VND | +30% |
| Freight and Customs Compliance Manager | 20,000,000 VND | +35% |
| Green Procurement Specialist | 15,600,000 VND | +6% |
| Inventory Analyst | 14,900,000 VND | +1% |
| Inventory Analytics Manager | 14,400,000 VND | -2% |
| Inventory Control Clerk | 8,560,000 VND | -42% |
| Inventory Control Manager | 20,400,000 VND | +38% |
| Inventory Management Associate | 16,300,000 VND | +10% |
| Inventory Optimization Manager | 18,300,000 VND | +24% |
| Inventory Specialist | 15,800,000 VND | +7% |
| Logistics Automation Engineer | 16,900,000 VND | +14% |
| Logistics Engineer | 14,700,000 VND | -0% |
| Master Planner | 14,800,000 VND | +0% |
| Material Handler | 9,450,000 VND | -36% |
| Material Planning Specialist | 13,800,000 VND | -7% |
| Merchandise Manager | 17,300,000 VND | +17% |
| Procurement Administrator | 18,800,000 VND | +27% |
| Procurement Agent | 12,000,000 VND | -19% |
| Procurement Analyst | 19,800,000 VND | +34% |
| Procurement Assistant | 12,400,000 VND | -16% |
| Procurement Associate | 16,900,000 VND | +14% |
| Procurement Clerk | 7,720,000 VND | -48% |
| Procurement Engineer | 14,800,000 VND | +0% |
| Procurement Manager | 31,500,000 VND | +110% |
| Procurement Officer | 7,750,000 VND | -48% |
| Procurement Process Analyst | 17,900,000 VND | +21% |
| Procurement Risk Manager | 18,700,000 VND | +27% |
| Procurement Specialist | 14,400,000 VND | -2% |
| Procurement Technology Consultant | 17,800,000 VND | +21% |
| Production Planner | 16,900,000 VND | +14% |
| Project Buyer | 20,000,000 VND | +35% |
| Purchaser | 22,900,000 VND | +55% |
| Purchasing Agent | 12,800,000 VND | -13% |
| Purchasing Assistant | 7,930,000 VND | -46% |
| Purchasing Manager | 31,700,000 VND | +110% |
| Purchasing Officer | 14,400,000 VND | -2% |
| Purchasing Supervisor | 20,700,000 VND | +40% |
| Shipping and Receiving Clerk | 7,520,000 VND | -49% |
| Shipping Coordinator | 14,100,000 VND | -4% |
| Stock Clerk | 8,560,000 VND | -42% |
| Stock Regulator | 9,150,000 VND | -38% |
| Storage Manager | 20,400,000 VND | +38% |
| Store Keeper | 8,000,000 VND | -46% |
| Stores and Logistics Coordinator | 16,400,000 VND | +11% |
| Strategic Sourcing Analyst | 22,000,000 VND | +49% |
| Supplier Diversity Program Manager | 20,200,000 VND | +37% |
| Supplier Relationship Manager | 22,300,000 VND | +51% |
| Supply Chain Analyst | 21,300,000 VND | +44% |
| Supply Chain Coordinator | 16,800,000 VND | +14% |
| Supply Chain Development Manager | 28,400,000 VND | +92% |
| Supply Chain Director | 33,500,000 VND | +130% |
| Supply Chain Manager | 30,000,000 VND | +100% |
| Supply Planner | 15,900,000 VND | +8% |
| Sustainability Procurement Specialist | 21,700,000 VND | +47% |
| Sustainable Sourcing Specialist | 16,100,000 VND | +9% |
| Sustainable Supply Chain Manager | 22,400,000 VND | +52% |
| Third Party Logistics Manager | 24,300,000 VND | +65% |
| Vendor Management Specialist | 21,400,000 VND | +45% |
| Warehouse Assistant | 6,500,000 VND | -56% |
| Warehouse Automation Engineer | 16,100,000 VND | +9% |
| Warehouse Clerk | 6,670,000 VND | -55% |
| Warehouse Executive | 25,400,000 VND | +72% |
| Warehouse Lead | 18,100,000 VND | +23% |
| Warehouse Manager | 26,200,000 VND | +77% |
| Warehouse Supervisor | 19,600,000 VND | +33% |
| Wholesale Buyer | 22,400,000 VND | +52% |
Salary Comparison By City
| City | Average Salary |
| Da Nang | 14,600,000 VND |
| Ha Noi | 15,300,000 VND |
| Hai Phong | 14,100,000 VND |
| Thanh Pho Ho Chi Minh | 16,700,000 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 |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Procurement Engineer in Vietnam?
A good and competitive compensation would range anywhere between 13,200,000 VND and 14,900,000 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 a careers like Procurement Engineer in Vietnam ranges from 7,970,000 VND to 11,000,000 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
