How much money can you make in Vietnam?

What is a good salary in Vietnam?

The average wage per person in Vietnam is around 3.45 million VND ($150) a month and differentiated by many factors. Like many other economies in the world, the type of jobs firstly divides the salary level in Vietnam.

How much income is considered rich in Vietnam?

According to Knight Frank’s report, in order to be included in the 1% richest people in Vietnam, one needs to have assets worth at least US$160,000. For Monaco, which has the world’s densest population of super-rich, the entry point for the principality’s branch of the 1% club is US$7.9 million.

What is the average income for Vietnam?

Per capita monthly income of Vietnamese people was averaged at 4.2 million VND (182.7 USD) in 2020, down 1 percent year-on-year, according to a survey conducted by the General Statistics Office (GSO).

Is 3000 USD a good salary in Vietnam?

3,000 USD per month is plenty of money that will give you a comfortable life in Saigon so no worries. A nice 1-bedroom apartment will be around 600 usd and 2-bedromm will be around 1000 to 1200 usd depends. The rest is for food, dating and other small expenses.

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Is $100 a lot in Vietnam?

What USD $100 buys you in Vietnam. Travelers to Vietnam turn into instant millionaires overnight, as 100 US dollars gets you 2,340,000 Vietnamese Dong (VND). While you won’t exactly be rich by Vietnamese standards, you’ll be set for a comfortable week’s worth of travel.

What is the hourly rate of pay in Vietnam?

Minimum wage increase

In 2018, minimum wages were increased by 6.5 percent and ranged from VND 2.76 million (US$118) to VND 3.98 million (US$171). In 2019, the new minimum wages will range from VND 2.92 million (US$126) to VND 4.18 million (US$180).

Is it rude to tip in Vietnam?

Tipping is not customary in Vietnam despite it is highly appreciated. … On the other hand, tipping is generally accepted (and expected) in more high-end restaurants, bars and spas. In big cities and tourist cities such as Ho Chi Minh City, Hanoi and Da Nang, tipping seems more common.

How much money do you need to live comfortably in Vietnam?

Even in these two places, a couple can enjoy a comfortable, middle-class lifestyle for less than $1,300 per month. Many Westerners who live in Hanoi and Ho Chi Minh City get by spending around $500 per month, but it’s a no-frills lifestyle.

Cost of Living in Vietnam.

Expense U.S. $
Monthly Total: $899 to $1,469

What are the disadvantages of living in Vietnam?

It’s worth noting that the cons of living in Vietnam listed above are not enough to stop you from having a great living experience in the country.

Pros and Cons of Living in Vietnam.

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Pros Cons
Great money saving opportunity Whilst everything seems affordable, there are so many temptations and it all adds up.