What is the average income per person in Vietnam?

Vietnam Annual Household Income per Capita reached 2,235.955 USD in Dec 2019, compared with the previous value of 2,056.802 USD in Dec 2018. Vietnam Annual Household Income per Capita data is updated yearly, available from Dec 1994 to Dec 2019, with an averaged value of 605.240 USD.

Is 2000 dollars a good salary in Vietnam?

The average wage in 2017 in Hồ Chí Minh city was 456$/month, or 5472$/year, 38% higher than the national average. There’s so official data that I know of, but a newly graduate usually earns roughly 4-8 million VND/month, or about 2000-4000 USD/year. This is basically the minimum wage.

How much is the average monthly wage in Vietnam?

Average Local Salary: The average monthly salary of a worker in Vietnam is about $148 per month; those in high paying jobs bring home around $500 per month.

What is a middle class income in Vietnam?

Vietnam’s middle class population – currently at 10% – is believed to be the fastest growing in Southeast Asia. The middle class earning USD 714 a month or more in Vietnam will double to 33 million people, about a third of the population, between 2014 and 2020, according to Boston Consulting Group.

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How much money is considered rich in Vietnam?

You’re usually considered well-off (upper middle class) if your wage is around 30 million VND/month, or about 15 500 USD/year. If your wage is around 50 million VND/month, or about 25 788 USD/year, then you’re firmly in the rich zone.

Is it rude to tip in Vietnam?

Vietnam is not a tipping culture, and you’ll rarely find a service-provider with their hand out waiting for a gratuity like you do in some other countries. However, the service culture in Vietnam is exceptional. People will bend over backwards to give you the best possible experience at their business.

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 should I avoid in Vietnam?

11 Things You Shouldn’t Eat or Drink in Vietnam

  • Tap water. Might as well start with the obvious one. …
  • Strange meat. We don’t mean street meat, as street food in Vietnam is amazing. …
  • Roadside coffee. …
  • Uncooked vegetables. …
  • Raw blood pudding. …
  • Cold soups. …
  • Dog meat. …
  • Milk.

How can I live permanently in Vietnam?

In order to reside permanently in Vietnam and be eligible for naturalization in Vietnam, you have to apply for a permanent residence card, which has the same validity duration as a visa.

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How much does a house cost in Vietnam?

Home prices in Vietnam are considered very affordable compared to other property hotspots favoured by Chinese such as Bangkok. A high-end property in central Ho Chi Minh City costs USD3,000 to USD 6,000 per square meter while its equivalent in Bangkok costs around USD7,000 to USD9,000 per square meter.

What is the hourly rate in Vietnam?

The average hourly wage (pay per hour) in Vietnam is 99,300 VND. This means that the average person in Vietnam earns approximately 99,300 VND for every worked hour.

How much money do I need to retire in Vietnam?

How much does it cost to retire in Vietnam? $960 per month to live comfortably in Vietnam. For less than $12,000 per year, you can hit gym, eat out frequently, and enjoy beers on the beach. To ensure you have money for visa runs and incidental expenses, let’s round the total to $1,000 per month.

Ordinary Traveler