Banking Average Salaries in Thanh Pho Ho Chi Minh 2026
How much money does a person working in Banking make in Thanh Pho Ho Chi Minh?
LOW
6.7M
VND AVERAGE
21M
VND HIGH
44M
VND
A person working in Banking in Thanh Pho Ho Chi Minh typically earns around 21M VND. Salaries range from 6.7M VND (lowest average) to 44M 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 Banking domain in Thanh Pho Ho Chi Minh 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
| Job Title | Average Salary |
| Banking | |
| AML Analyst | 31M VND |
| Assistant Bank Branch Manager | 26M VND |
| Assistant Bank Manager | 34M VND |
| ATM Manager | 28M VND |
| ATM Service Technician | 8.1M VND |
| Bank Accounts Analyst | 11M VND |
| Bank Accounts Collector | 7M VND |
| Bank Accounts Controller | 15M VND |
| Bank Accounts Executive | 21M VND |
| Bank Accounts Manager | 26M VND |
| Bank Auditing Manager | 25M VND |
| Bank Branch Manager | 36M VND |
| Bank Branch Operations Coordinator | 15M VND |
| Bank Clerk | 6.7M VND |
| Bank Client Service Associate | 9.7M VND |
| Bank Collector | 6.7M VND |
| Bank Compliance Specialist | 18M VND |
| Bank Manager | 39M VND |
| Bank Operational Risk Manager | 41M VND |
| Bank Operations Head | 43M VND |
| Bank Operations Officer | 16M VND |
| Bank Operations Specialist | 26M VND |
| Bank Process Manager | 23M VND |
| Bank Product Manager | 26M VND |
| Bank Programme Manager | 28M VND |
| Bank Project Manager | 33M VND |
| Bank Propositions Manager | 29M VND |
| Bank Quantitative Analyst | 21M VND |
| Bank Regional Manager | 40M VND |
| Bank Regional Risk Officer | 20M VND |
| Bank Relationship Manager | 31M VND |
| Bank Relationship Officer | 14M VND |
| Bank Sustainability Analyst | 23M VND |
| Bank Teller | 7M VND |
| Banker | 14M VND |
| Banking Business Analyst | 21M VND |
| Banking Business Development Officer | 13M VND |
| Banking Business Planning Executive | 31M VND |
| Banking Data Analyst | 25M VND |
| Banking Product Manager | 27M VND |
| Banking Reference Data Manager | 22M VND |
| Banking Regulatory Compliance Officer | 25M VND |
| Banking Risk Analyst | 20M VND |
| Banking Technical Analyst | 11M VND |
| Bankruptcy Coordinator | 15M VND |
| Bill and Account Collector | 7.1M VND |
| Blockchain Analyst | 17M VND |
| Blockchain Architect | 21M VND |
| Blockchain Auditor | 18M VND |
| Blockchain Compliance Analyst | 18M VND |
| Blockchain Consultant | 21M VND |
| Blockchain Trade Facilitator | 17M VND |
| Budget Analyst | 20M VND |
| Capital Risk Manager | 41M VND |
| Cards Marketing Manager | 27M VND |
| Cash Management Manager | 36M VND |
| Check Processing Manager | 26M VND |
| Chief Blockchain Officer | 23M VND |
| Commercial Vault Associate | 20M VND |
| Corporate Banker | 15M VND |
| Corporate Dealer | 22M VND |
| Credit Analyst | 16M VND |
| Credit and Collections Manager | 29M VND |
| Credit Card Fraud Investigator | 21M VND |
| Credit Portfolio Manager | 41M VND |
| Credit Risk Analyst | 23M VND |
| Credit Risk Associate | 22M VND |
| Cryptocurrency Accountant | 14M VND |
| Cryptocurrency Adviser | 26M VND |
| Cryptocurrency Analyst | 19M VND |
| Cryptocurrency Compliance Manager | 25M VND |
| Cryptocurrency Trader | 22M VND |
| Digital Banking Manager | 27M VND |
| Digital Currency Analyst | 20M VND |
| Direct Bank Sales Representative | 14M VND |
| Exchange Control Consultant | 23M VND |
| Executive Account Analyst | 20M VND |
| Financial Bank Planning Consultant | 26M VND |
| Financial Banking Analysis Manager | 31M VND |
| Financial Banking Assistant | 9.5M VND |
| Financial Banking Systems Manager | 29M VND |
| Foreign Exchange Manager | 30M VND |
| Fraud Analyst | 22M VND |
| Fraud Detection Associate | 15M VND |
| Fraud Detection Manager | 32M VND |
| Fraud Detection Supervisor | 19M VND |
| Internal Bank Audit Manager | 37M VND |
| Internal Bank Auditor | 21M VND |
| Internal Private Banker | 16M VND |
| International Banking Manager | 42M VND |
| Investment Banking Analyst | 29M VND |
| Loan Analyst | 22M VND |
| Loan Area Manager | 25M VND |
| Loan Audit Team Leader | 23M VND |
| Loan Branch Manager | 24M VND |
| Loan Business Development Officer | 13M VND |
| Loan Clerk | 7.2M VND |
| Loan Collection and Recovery Manager | 25M VND |
| Loan Collection Manager | 26M VND |
| Loan Collector | 6.7M VND |
| Loan Examiner | 9.5M VND |
| Loan Officer | 8.2M VND |
| Loan Processing Manager | 23M VND |
| Loan Processor | 9.2M VND |
| Loan Quality Assurance Auditor | 22M VND |
| Loan Quality Assurance Manager | 24M VND |
| Loan Quality Assurance Representative | 15M VND |
| Loan Review Manager | 25M VND |
| Loan Team Leader | 21M VND |
| Loans Manager | 29M VND |
| Mortgage Advisor | 14M VND |
| Mortgage Collection Manager | 26M VND |
| Mortgage Collector | 6.9M VND |
| Mortgage Credit Analyst | 11M VND |
| Mortgage Credit Manager | 24M VND |
| Mortgage Development Manager | 27M VND |
| Mortgage Document Reviewer | 8.9M VND |
| Mortgage Funding Manager | 28M VND |
| Mortgage Operations Manager | 36M VND |
| Mortgage Payment Processing Clerk | 8.4M VND |
| Mortgage Processing Manager | 24M VND |
| Mortgage Processor | 9.2M VND |
| Mortgage Quality Assurance Auditor | 21M VND |
| Mortgage Quality Assurance Manager | 23M VND |
| Mortgage Servicing Clerk | 7.6M VND |
| Mortgage Servicing Manager | 23M VND |
| Mortgage Underwriter | 9.3M VND |
| Online Banking Manager | 35M VND |
| Open Banking Strategist | 22M VND |
| Payment Processing Clerk | 7.6M VND |
| Personal Banker | 15M VND |
| Personal Banking Advisor | 15M VND |
| Phone Banker | 9.6M VND |
| Private Banker | 15M VND |
| Reconciliation and Investigation Specialist | 18M VND |
| Tax Officer | 13M VND |
| Teller | 7.1M VND |
| Trade Officer | 9M VND |
| Trade Product Manager | 25M VND |
| Trader | 10M VND |
| Treasury Operations Officer | 19M VND |
| Wealth Management Advisor | 31M VND |
Banking Jobs Pay Scale and Salaries in Thanh Pho Ho Chi Minh
Median Salary, maximum and minimum salary, minimum wage, starting salary, and the salary range
Salary Range, Minimum Wage, and Starting Salary
Salaries in Banking in Thanh Pho Ho Chi Minh range from 6.7M VND (starting average salary) to 44M 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 Banking is 19M VND, implying that half of the workforce in Thanh Pho Ho Chi Minh 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 Banking in Thanh Pho Ho Chi Minh earn less than 14M VND, while 75% of them earn more. Additionally, the diagram reveals that 75% of individuals earn less than 23M 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 Banking in Thanh Pho Ho Chi Minh. The analysis revealed that roughly 65% of all reported salaries fell within the range of 9.5M VND to 18M VND. Approximately 20% of salaries were below the 9.5M VND mark, while 10% ranged from 18M VND to 21M VND. Only 5% of individuals earned a gross salary of 21M VND or higher.
Salary Comparison by Years of Experience
How does a person's salary progress over time?
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 Banking in Thanh Pho Ho Chi Minh 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.
Salary Comparison By Education
How does the education level affect your salary?
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 Banking in Thanh Pho Ho Chi Minh, 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 86M VND to 259M 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 / Banking / Thanh Pho Ho Chi Minh
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 Banking in Vietnam, the average difference between the salary of male and female employees is 11%.
| Male | 20M VND | |
| Female | -10% | 18M VND |
Average Annual Salary Increment Percentage / Banking / Thanh Pho Ho Chi Minh
How much are annual salary increments in Thanh Pho Ho Chi Minh for individuals working in Banking? How often do employees get salary raises?
Professionals working in Banking in Vietnam are likely to observe a salary increase of approximately 11% every 15 months. The national average annual increment for all professions combined is 9% granted to employees every 17 months.
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 / Banking / Vietnam
How much and how often are bonuses being awarded?
20% of surveyed staff in Banking reported that they haven't received any bonuses or incentives in the previous year while 80% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 5% to 9% of their annual salary.
| Received Bonus | 80% | |
| No Bonus | 20% |
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.
Hourly Average Wage / Banking / Thanh Pho Ho Chi Minh
The average hourly wage (pay per hour) in Banking in Thanh Pho Ho Chi Minh is 123,000 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 in Banking in Thanh Pho Ho Chi Minh is 38,600 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
| City | Average Salary |
| Da Nang | 19M VND |
| Ha Noi | 20M VND |
| Hai Phong | 18M VND |
| Thanh Pho Ho Chi Minh | 21M 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 in Banking in Thanh Pho Ho Chi Minh?
A good and competitive compensation would range anywhere between 19M VND and 23M 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 Banking in Thanh Pho Ho Chi Minh ranges from 6.7M VND to 14M 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.