Top 9 High-Paying Companies in Vietnam

1. Vietnam National Airline - Vietnam Airlines

Vietnam Airlines is recognized as the national airline of Vietnam. Established in 1956 and later corporatized in April 1989, it became a state-owned enterprise. Joining the SkyTeam alliance in June 2010, Vietnam Airlines topped the list of highest-paying companies in Vietnam in 2022. The average salary for flight attendants is 40 million VND/month.

For the B787 and A350 aircraft, Vietnam Airlines captains receive a monthly salary ranging from 205-246 million VND (9,318-11,181 USD), while first officers earn 124-124 million VND per month. A321 captains in Vietnam receive a monthly salary of 176-236 million VND, and first officers earn 100-135 million VND. For the ATR, Vietnamese captains receive a salary of 156-186 million VND, and first officers receive 75-91 million VND. Designated check pilot instructors earn between 210 and 297 million VND, while rated instructor pilots are paid 198-284 million VND.

2. State Capital Investment and Business Corporation SCIC

State Capital Investment and Business Corporation is a state-owned joint-stock company regarded as the National Investment Fund of Vietnam. Established on June 20, 2005, under the authorization of Prime Minister Phan Van Khai, it is part of a series of reforms aimed at enhancing the efficiency of state capital utilization. SCIC was established to reduce investments in domestic companies and government agencies within the Vietnamese government, simultaneously diversifying its shareholding. SCIC commenced operations in August 2006 and, as of May 30, 2012, has approximately 416 affiliated companies in its investment portfolio.

With robust potential and a solid position, the revenue of State Capital Investment and Business Corporation (SCIC) continues to soar, reflecting in the high-ranking salaries of its employees in Vietnam. Specifically, each employee of the company receives a salary of about 30 million VND/month. For management and above, the average monthly income increases to around 43 million VND.

3. Viettel Military Telecommunications Group

Viettel Group is a multinational telecommunications company based in Hanoi, Vietnam. Viettel is currently the largest telecommunications service provider in Vietnam. This is a state-owned enterprise and operated by the Ministry of Defense. Viettel Telecom is currently the network with the largest market share in the Vietnamese telecommunications market. Viettel is rated as one of the largest and most efficient state-owned enterprises in Vietnam, thanks to the highest revenue, the largest contribution to the state budget, and the highest brand value. As of 2018, Viettel Military Telecommunications Group has 50,000 employees domestically and internationally, serving 110 million mobile subscribers.

As one of the major telecommunications groups in Vietnam, Viettel Military Telecommunications Group is also one of the highest-paying companies in Vietnam in 2022. Specifically, an employee of the Group can receive a salary of up to 30 million VND/month

Vinafood Food Company, established in 2008, is a leading entity in the import, processing, supply, and distribution of food products for companies operating in Vietnam. Since 2019, the company has directly engaged in distributing food to restaurants, hotels, and food processing companies. The company's products include frozen beef, chicken, imported pork, imported buffalo meat, sourced directly from reputable suppliers worldwide such as the USA, Australia, Canada, Germany, South Korea, and more.

Since its inception, Vinafood Food Company has built a strong brand, with an experienced workforce, meeting the development needs of Vietnam's food brand. Thanks to its growth and as one of the methods to attract employees, Vinafood has offered highly attractive salaries, ranking among the highest in the labor market in Vietnam today. Specifically, for human resources roles, employees can receive salaries of up to 28 million VND/month, and for leadership positions, the income can go up to 56 million VND/month.

Vietinbank (Vietnam Bank for Industry and Trade) is a Vietnamese state-owned bank. Vietnam Trade and Industry Bank (Incombank) was established by the State Bank of Vietnam in 1991 as one of the first four commercial banks after the two-tier banking system was introduced. Vietinbank had a market capitalization of 53.22 trillion VND (approximately 2.5 billion USD) at the end of 2012, making it one of the largest listed companies in Vietnam. According to the VNR500 (Top 500) ranking, Vietinbank is the 13th largest company in Vietnam.

VietinBank has developed its operational network, including 01 Trading Department, 150 branches, and over 1000 savings transaction offices. It has established agency relationships with 900 banks, financial institutions in 90 countries and territories worldwide. Vietinbank is known as a reputable credit institution in Vietnam. Therefore, the salary of Vietinbank employees is among the highest at present. Statistically, the salary of a Vietinbank employee is over 20 million VND/month without considering allowances. In addition, depending on different positions such as management and leadership, employees will receive higher salaries.

Vietnam Oil and Gas Group (PVN) has experienced rapid development since its establishment in 1977, and its activities, through various subsidiaries and wholly-owned companies, now encompass all aspects from oil and gas exploration and production to storage, processing, transportation, distribution, and related services. Wholly owned by the Vietnamese government, it is responsible for all domestic oil and gas resources and has become the country's largest oil producer and the second-largest power producer after EVN, in the current period.

The oil and gas industry is considered one of the highest-paying sectors. Employees of Vietnam Oil and Gas Group (PVN) receive the third-highest salary in Vietnam, specifically 20 million VND. However, the oil and gas industry in Vietnam is divided into various hierarchical levels, so the salary at each position also has certain differences. The actual discrepancy may range from 500-1000 USD/month, and the actual salary received by each PVN employee depends on their individual working level.

Vinamilk, a well-known Vietnamese dairy processing company, is the largest food processing company in Vietnam, dealing in various dairy products, including its main products: milk and yogurt. It is believed to hold about 50% of the Vietnamese milk market. Established in 1976, it was listed on the Ho Chi Minh Stock Exchange in 2006. The government owns 45% of the company. Its high potential is also recognized internationally, with foreign investors holding 49% of the company's shares. Its market capitalization is the second-largest in Vietnam, around 5.5 billion USD.

Thanks to the efforts of Vinamilk's management and staff over the years, Vinamilk has not only become a high-quality milk brand but is also known for its excellent working environment. The average salary for Vinamilk employees ranges from 10 million VND/month. Specifically, the basic salary for sales staff is 4 to 5 million VND/month, customer care employees have a basic salary of 4.3 million VND/month, and all these salaries do not include commissions or sales bonuses.

Samsung Electronics is one of the world's largest electronic device manufacturers with a revenue of 177 billion USD and a post-tax profit of 16.8 billion USD in 2015. Facing fierce competition with Apple and electronic manufacturing conglomerates from Taiwan, China, and Japan, Samsung Electronics and its subsidiaries have invested tens of billions of USD to develop large-scale manufacturing complexes in northern provinces such as Bac Ninh, Thai Nguyen, and Ho Chi Minh City. Samsung Electronics has established at least five legal entities in Vietnam, namely Samsung Electronics Vietnam (SEV), Samsung Electronics Vietnam Thai Nguyen (SEVT), Samsung Display Vietnam (SDV), Samsung CE Complex, and Samsung Vina Electronics, specializing in Samsung products in Vietnam.

Samsung is always on the list of companies with attractive employee benefits. The average salary for an employee working at Samsung is 15 million VND/month. Specifically, Samsung employees also have the opportunity to increase their income by registering for overtime work each day, with the right to work a maximum of 3 hours per shift and receive a salary 150% higher than the official basic salary. Engineers working at Samsung can receive a salary ranging from 18 to 25 million VND/month with experience and high technical qualifications. Technicians will receive an initial salary of 15 to 19 million VND/month.