The survey, carried out among 84 companies in Vietnam and hundreds of candidates across various industries, positions and levels, found that salary and benefits remain the top factors contributing to employee satisfaction, with 46% of employees emphasizing the importance of competitive compensation packages, while 77% highlighting the role of bonuses in determining job satisfaction.

Workers seen in a factory in Ho Chi Minh City in 2019.

In addition to salary hikes, employers are also focusing on enhancing talent acquisition programs through competitive bonus schemes (76%) and comprehensive training and development initiatives (67%).

The survey also shows employees’ strong preference for foreign companies, with up to 99% of respondents expressing a desire to work at international firms. Key reasons include more attractive salaries, clear and structured career development paths, and the opportunity to experience a professional working environment aligned with international standards.

The survey shows that in 2025, businesses are expected to ramp up recruitment in areas such as human resources, legal, and finance to support business expansion and growth strategies.

In addition, positions in development orientation departments such as sales, marketing, and capital development still draw much attention. Salary increases are expected to range between 15%-25% across most industries.

Hanoi's highest monthly salary tops $5,000

The highest salary paid out in Hanoi last year was VND125 million ($5,129), according to statistics from the Hanoi labor department.

Salary hiked for state workers

The base salary for state workers increases to VND1.8 million (US$76.32) from this month.

Base salary to rise to 1.8 million VND per month on July 1, 2023

The base salary for civil servants and public employees will be raised from 1.49 million VND to 1.8 million VND per month starting from July 1, 2023, following a recently issued Government decree.

Vietnam raises minimum wage by 6%

Vietnam's workers' minimum monthly salaries are increased by 6%, or up to VND280,000 ($11), starting Monday.

Vietnam set for 6% minimum wage hike next year

Vietnam is set to raise minimum wage in the business sector by 6% from July 2024, as agreed between labor and business representatives at a meeting Wednesday.

Factories boost wages despite declining orders

In anticipation of a future recovery in demand, several factories are raising wages for their employees next year, despite current challenges with reduced orders and revenues.