Business Analyst Average Salary in Hai Phong 2026
How much money does a person working as Business Analyst make in Hai Phong?
LOW
9.5M
VND AVERAGE
19M
VND HIGH
30M
VND
A person working as Business Analyst in Hai Phong typically earns around 19M VND. Salaries range from 9.5M VND (lowest) to 30M VND (highest).
Salary Variance
This is the average salary including housing, transport, and other benefits. Business Analyst salaries in Hai Phong vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Business Analyst Pay Scale and Salaries in Hai Phong
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 Business Analyst in Hai Phong range from 9.5M VND (starting salary) to 30M 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 18M VND, half of the professionals who work as Business Analyst in Hai Phong 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 Business Analyst in Hai Phong earn less than 15M VND, while 75% earn more. Similarly, the chart shows that 75% earn less than 21M 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 Business Analyst in Hai Phong compared to simply calculating the average. The majority of reported salaries, approximately 65%, fall within the range of 11M VND to 16M VND. About 20% of salaries are below the 11M VND mark, while 10% fall within the range of 16M VND to 18M VND. Only 5% of individuals have salaries exceeding 18M VND.
Salary Comparison by Years of Experience / Business Analyst / Hai Phong
How do experience and age affect pay?
| 0 - 2 Years | 11M VND | |
| 2 - 5 Years | +29% | 15M VND |
| 5 - 10 Years | +38% | 20M VND |
| 10 - 15 Years | +24% | 25M VND |
| 15 - 20 Years | +7% | 27M VND |
| 20+ Years | +7% | 28M 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 Business Analyst and this is what we found.
Employees with less than two years of experience earn approximately 11M VND.
While someone with an experience level between two and five years is expected to earn 15M VND, 29% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 20M VND, 38% 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 25M VND, 24% 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 27M VND, 7% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 28M VND, 7% more than people with fifteen to twenty years of experience.
Typical Salary Progress for Most Careers
Salary Comparison By Education / Business Analyst / Hai Phong
How do education levels affect salaries?
Displayed below is the average salary variance between different education levels of professionals working as Business Analyst.
| High School | 14M VND | |
| Certificate or Diploma | +15% | 16M VND |
| Bachelor's Degree | +35% | 22M VND |
| Master's Degree | +26% | 27M 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 Business Analyst in order to make a comparison.
Level 1: High School
Employees at this education level have an average salary of 14M VND.
Level 2: Certificate or Diploma
At this level, the average salary becomes 16M VND, 15% more than the previous level.
Level 3: Bachelor's Degree
At this level, the average salary becomes 22M VND, 35% more than the previous level.
Level 4: Master's Degree
At this level, the average salary becomes 27M VND, 26% 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 86M VND to 259M 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 / Business Analyst / Hai Phong
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 Business Analyst in Vietnam, the average difference between the salary of male and female employees is 8%.
| Male | 22M VND | |
| Female | -7% | 20M VND |
Average Annual Salary Increment Percentage / Business Analyst / Hai Phong
How much are annual salary increments in Hai Phong for individuals working as Business Analyst? How often do employees get salary raises?
Individuals working as Business Analyst in Vietnam are likely to observe a salary increase of approximately 14% every 16 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 / Business Analyst / Vietnam
How much and how often are bonuses being awarded?
24% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 76% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 6% to 7% of their annual salary.
| Received Bonus | 76% | |
| No Bonus | 24% |
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 / Business Analyst / Hai Phong
The average hourly wage (pay per hour) for individuals working as Business Analyst in Hai Phong is 112,000 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 Business Analyst in Hai Phong is 54,900 VND. This is the minimum as per the gathered data in the salary survey not the minimum hourly rate mandated by law.
Salary comparison with similar jobs
| Job Title | Average Salary |
| Business Planning | ||
| Agile Coach | 19M VND |  +100% |
| Assistant Business Development Manager | 21M VND | +100% |
| Assistant Merchandise Planner | 13M VND |  -100% |
| Business Advisor | 20M VND | +100% |
| Business Analyst | 19M VND | +100% |
| Business Consultant | 18M VND | -100% |
| Business Continuity Associate | 12M VND | -100% |
| Business Developer | 12M VND | -100% |
| Business Development Analyst | 15M VND | -100% |
| Business Development Associate | 9.8M VND | +100% |
| Business Development Coordinator | 11M VND | -100% |
| Business Development Director | 27M VND | +100% |
| Business Development Engineer | 15M VND | -100% |
| Business Development Executive | 21M VND | +100% |
| Business Development Manager | 26M VND | +100% |
| Business Development Specialist | 19M VND | +100% |
| Business Manager | 23M VND | +100% |
| Business Operations Specialist | 18M VND | -100% |
| Business Process Writer | 11M VND | -100% |
| Business Systems Analyst | 19M VND | +100% |
| Capacity Planner | 14M VND | -100% |
| Capacity Planning Supervisor | 18M VND | -100% |
| Change Communications Analyst | 18M VND | -100% |
| Change Control Analyst | 18M VND | -100% |
| Change Impact Analyst | 19M VND | +100% |
| Chief Automation Officer | 23M VND | +100% |
| Chief Innovation Officer | 27M VND | +100% |
| Contracts Executive | 19M VND | +100% |
| Corporate Strategy Analyst | 21M VND | +100% |
| Cost Control Engineer | 13M VND | -100% |
| Cost Controller | 14M VND | -100% |
| Cost Estimator | 12M VND | -100% |
| Crisis Management Specialist | 20M VND | +100% |
| Data Executive | 11M VND | -100% |
| Data Manager | 15M VND | -100% |
| Data Processing Manager | 18M VND | -100% |
| Development Researcher | 14M VND | -100% |
| Digital Strategist | 20M VND | +100% |
| Digital Transformation Manager | 20M VND | +100% |
| Director of Business Development | 29M VND | +100% |
| Director of Production Planning | 25M VND | +100% |
| Drop Shipping Consultant | 18M VND | -100% |
| Due Diligence Analyst | 21M VND | +100% |
| Estimating Manager | 22M VND | +100% |
| General Manager | 24M VND | +100% |
| Growth Hacker | 15M VND | -100% |
| Impact Assessment Specialist | 17M VND | -100% |
| Impact Investing Analyst | 17M VND | -100% |
| Incident Handler | 13M VND | -100% |
| Incident Specialist | 17M VND | -100% |
| Lean Consultant | 15M VND | -100% |
| Manager | 26M VND | +100% |
| Marketing and Business Development Manager | 23M VND | +100% |
| Materials Planner | 8.5M VND | +100% |
| Merchandise Assistant | 8.2M VND | +100% |
| Merchandise Controller | 7.9M VND | +100% |
| Merchandise Planner | 8.3M VND | +100% |
| Online Consultant | 16M VND | -100% |
| Online Reputation Manager | 16M VND | -100% |
| Operations Analyst | 18M VND | -100% |
| Operations Manager | 19M VND | +100% |
| Operations Research Analyst | 12M VND | -100% |
| Planning and Reporting Manager | 21M VND | +100% |
| Planning Director | 27M VND | +100% |
| Product Designer | 14M VND | -100% |
| Product Manager | 16M VND | -100% |
| Project Administrator | 13M VND | -100% |
| Project Manager | 20M VND | +100% |
| Project Planner | 12M VND | -100% |
| Research Assistant | 11M VND | -100% |
| Research Engineer | 13M VND | -100% |
| Research Officer | 9.4M VND | +100% |
| Risk Management Specialist | 19M VND | +100% |
| Scholarship Coordinator | 9.8M VND | +100% |
| Store Planner | 9.4M VND | +100% |
| Strategy Director | 27M VND | +100% |
| Top Research and Development Executive | 28M VND | +100% |
Salary Comparison By City
| City | Average Salary |
| Da Nang | 22M VND |
| Ha Noi | 22M VND |
| Hai Phong | 19M VND |
| Thanh Pho Ho Chi Minh | 24M 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 | 17M VND | |
| Public Sector | +8% | 18M VND |
Salary Statistics and Calculation Guide
What is considered to be a good and competitive salary for the job title Business Analyst in Hai Phong?
A good and competitive compensation would range anywhere between 18M VND and 21M 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 Business Analyst in Hai Phong ranges from 9.5M VND to 15M 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.