Average Chairman of The Board Salary in Vietnam for 2024

In this article, we will look at the average Chairman of The Board salary for 2024 in Vietnam and how that compares to other countries and professions. We'll also look at interesting salary data points like median salary, 25th and 75th percentile salaries, salary amounts based on experience, bonus ranges and more!

The data in this article has been compiled using official government salary data, salary surveys, and other sources such as job postings which contain salary information.

All salary information is in the local currency, which is the Vietnamese đồng. To keep things simple, we are using the VND currency code instead of the currency symbol ₫.

How Much Does a Chairman of The Board Make in Vietnam?

A Chairman of The Board working in Vietnam will typically earn around 435,599,200 VND per year, and this can range from the lowest average salary of about 200,401,500 VND to the highest average salary of 692,401,200 VND.

Average Annual Salary
435,599,200 VND
Average Monthly Salary
36,299,933 VND

Lowest Annual Salary
200,401,500 VND
Lowest Monthly Salary
16,700,125 VND

Highest Annual Salary
692,401,200 VND
Highest Monthly Salary
57,700,100 VND

These are average salaries for a Chairman of The Board in Vietnam and include benefits such as housing and transport. It's also possible for a Chairman of The Board to earn more or less than the average salaries shown above.

Chairman of The Board salaries will vary a lot based on your experience, location, skills, and gender. Keep reading below to research more data on each of these areas.

Distribution of Chairman of The Board Salaries in Vietnam

So we've looked at the average salaries a Chairman of The Board will earn in Vietnam. The next interesting data point is the distribution of salaries.

Salary ranges

We already know that a Chairman of The Board can earn between 200,401,500 VND and 692,401,200 VND on average in Vietnam. This is known as the range in statistics.

The difference between the maximum and minimum values is a good indicator of variability in salaries, and can be used by employers to figure out how much they can expect to pay, and for employees to know how much they can earn.

Median salary

The median salary for a Chairman of The Board in Vietnam is 470,399,100 VND. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 470,399,100 VND, and 50% of the population earn more than 470,399,100 VND.

If you are earning more than the median salary, that's a good indicator that you are being paid well.

If you're not earning more than the median salary, your objective should be to increase your earnings to be at least as high as the median salary (which you can do by asking for a pay rise, looking for a better paying job, etc).

Percentiles

Percentiles are similar to the median salary, but instead of looking at the middle value, they look at the values in the top and bottom half of the distribution.

For the average Chairman of The Board salary in Vietnam, 25% of the population are earning less than 302,399,700 VND while 75% of the population earn more than 302,399,700 VND.

75% of the population earn less than 627,600,400 VND, and 25% of the population earn more than 627,600,400 VND.

Like the median salary, the 25th and 75th percentile salaries can be used to determine which quartile you fall into so that you know whether you are being paid well enough compared to others in your profession and location.

The difference between a median and an average salary

The median and average salary are both indicators you can use to see if you are being paid fairly based on the overall population.

  • If your salary is higher than the average and the median salary, you are earning well compared to others.
  • If your salary is lower than the average and the median salary, it could indicate you are not being paid well enough.
  • If you are somewhere in between then it's tricky to determine if you are being paid well enough and you might need to research more closely.

Chairman of The Board Salary by Experience Level in Vietnam

The most important factor in determining your salary after the specific profession is the number of years experience you have. It stands to reason that more years of experience will result in a higher wage.

We have researched the average chairman of the board salary based on years of experience to give you an idea of how the average changes once you've worked for a certain amount of time.

  • 0 - 2 Years Experience. A Chairman of The Board in Vietnam that has less than two years of experience can expect to earn somewhere in the region of 227,999,700 VND.
  • 2 - 5 Years Experience. With two to five years of experience the average Chairman of The Board salary would increase to 303,600,800 VND.
  • 5 - 10 Years Experience. From five to ten years of experience as a Chairman of The Board, the average salary would be 448,801,900 VND.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 547,200,700 VND.
  • 15 - 20 Years Experience. A Chairman of The Board with 15 to 20 years of experience can earn an average of 596,401,800 VND.
  • 20+ Years Experience. For a Chairman of The Board with more than 20 years, the expected average salary increases to 645,598,900 VND.

Average Salary by Experience Chart

0-2 Years
227,999,700 VND
2-5 Years +34%
303,600,800 VND
5-10 Years +48%
448,801,900 VND
10-15 Years +22%
547,200,700 VND
15-20 Years +9%
596,401,800 VND
20+ Years +8%
645,598,900 VND

Chairman of The Board Salary by Education Level in Vietnam

As well as experience in a job, your education plays a big role in how much you can earn. A lot of higher paying positions require a high level of education, but how much can a degree increase your salary?

In our research we have compared the salaries of employees in the same job and career level with different levels of education to see how much more you can earn at each education level.

The salary you can earn based on your education is very specific to both your location and the career path you choose.

In our research, we looked at the average salary for a Chairman of The Board in Vietnam based on the education level of the employees in order to find out whether a better education level would increase your salary.

  • High School. A Chairman of The Board in Vietnam with a high school education can earn an average salary of 205,201,300 VND.

  • Certificate or Diploma. A Chairman of The Board in Vietnam with a certificate or diploma education can earn an average salary of 254,401,100 VND.

  • Bachelor's Degree. A Chairman of The Board in Vietnam with a bachelor's degree education can earn an average salary of 352,799,800 VND.

  • Master's Degree. A Chairman of The Board in Vietnam with a master's degree education can earn an average salary of 574,799,300 VND.

  • PhD. A Chairman of The Board in Vietnam with a phd education can earn an average salary of 687,601,700 VND.

Average Salary by Education Chart

High School
205,201,300 VND
Certificate or Diploma +24%
254,401,100 VND
Bachelor's Degree +39%
352,799,800 VND
Master's Degree +63%
574,799,300 VND
PhD +20%
687,601,700 VND

How Much is a Master's Degree or MBA Program?

The approximate cost of a master's degree or post-graduate program like an MBA in Vietnam is around 86,100,000 to 258,000,000 VND and takes two years to complete.

As you can see above, there are financial benefits from reaching master's degree level, but don't expect to see much of a salary increase until you have completed the degree.

It's common for people to pursue an MBA or other post-graduate program in order to switch to a a job that pays more. On average, you can expect to earn around 10% more when switching to a new company.

Whether you decide to pursue a master's degree depends on many factors. If you are able to afford it, the numbers suggest that the return on investment is worth it and you could recover the costs in a few years from the salary increase you would receive.

Chairman of The Board Salary Compared by Gender

In the modern age, we know that there should never be a pay gap between men and women. Unfortunately, in many professions, there is still a significant difference between the salaries earned by men when compared to the salary of women in the same job.

In Vietnam, a male chairman of the board will earn an average of 465,600,600 VND, while a female chairman of the board will earn around 405,600,100 VND.

This means that a male chairman of the board earns approximately 15% more than a female chairman of the board for performing the same job.

Average Salary by Gender Chart in Vietnam

Male
465,600,600 VND
Female -15%
405,600,100 VND

Chairman of The Board Average Pay Raise in Vietnam

In many countries, an annual pay raise is often given to employees to reward their service with a salary increase.

From our research, we can see that the average pay raise for a Chairman of The Board in Vietnam is around 15% every 17 months.

The national average pay raise across all professions and industries in Vietnam is around 9% every 17 months.

In this case, we can see that the number of months between the average pay raise is higher than the typical 12 months.

To make the data more meaningful, we can calculate what the approximate annual pay raise would be using a simple formula:

Annual Increase = ( Increase Rate ÷ Months ) × 12

So for this example, it would be:

Annual Increase = ( 15 ÷ 17 ) × 12  = 11%

What this means is that a Chairman of The Board in Vietnam can expect to receive an average pay raise of around 11% every 12 months.

Annual Pay Raise by Industry in Vietnam for 2024

In the chart below, you can see the average annual pay raise percentages for each of the major industries in Vietnam.

You will see that companies in bigger and more lucrative industries tend to have the higher annual pay raises.

Banking
2%
Energy
4%
Information Technology
6%
Healthcare
8%
Travel
1%
Construction
3%
Education
5%

Chairman of The Board Bonus and Incentive Rates in Vietnam

Another part of your overall compensation in a job is how much bonus you receive. Some job roles will be more likely to pay a bonus than others and also more likely to have higher bonus rates.

Generally speaking, jobs that are more involved with direct revenue generation will receive higher bonuses based on the performance towards revenue goals.

A Chairman of The Board is a high bonus based job, with 86% of employees reporting at least one bonus in the last 12 months.

14% reported that they had not received any bonuses in the previous 12 months.

For the employees that did receive a bonus in the previous 12 months, the reported bonuses ranged from 5% to 9%.

Received Bonus
86%
No Bonus
14%

What are the Types of Bonus?

There are a number of difference types of bonus you can receive in a job. Including:

  • Individual performance bonus - This is a bonus that is awarded to an individual employee for general performance in the job. It's the most common type of bonus.
  • Company performance bonus - This is a bonus that is awarded to a company employees to share profit with the staff.
  • Goal based bonus - This is a bonus that is awarded to an individual employee (or a team) for achieving specific goals, objectives, or milestones.
  • Holiday bonus - This type of bonus is usually paid around the holidays, often the end of the year, and is a token of appreciation for the hard work throughout the year.

Government vs Private Sector Salaries

Another commonly asked question is whether you get paid a higher salary working in the public (government) sector or the private sector.

Public sector employees in Vietnam earn approximately 9% more than private sector employees in the same role.

Public Sector
213,601,200 VND
Private Sector -9%
196,799,500 VND

Salaries for Jobs Similar to a Chairman of The Board

In the table below, we have salary information for jobs that are similar to a Chairman of The Board in Vietnam.

Job Title Category Salary
Account Coordinator Executive and Management 185,999,300 VND
Account Director Executive and Management 225,599,800 VND
Account Executive Executive and Management 230,401,100 VND
Account Manager Executive and Management 220,800,400 VND
Administration Manager Executive and Management 229,198,300 VND
Administration Officer Executive and Management 125,999,700 VND
Administration Supervisor Executive and Management 184,799,000 VND
Administrative Clerk Executive and Management 91,919,500 VND
Administrative Officer Executive and Management 92,280,500 VND
Area Director Executive and Management 217,198,400 VND
Area Manager Executive and Management 215,998,500 VND
Asset Protection Associate Executive and Management 256,799,900 VND
Assistant Director Executive and Management 246,000,200 VND
Assistant General Manager Executive and Management 242,398,700 VND
Assistant Manager Executive and Management 256,799,900 VND
Assistant Managing Director Executive and Management 291,598,200 VND
Assistant Operations Manager Executive and Management 264,000,100 VND
Assistant Project Manager Executive and Management 235,200,900 VND
Assistant Section Head Executive and Management 209,999,300 VND
Assistant to CEO Executive and Management 226,800,200 VND
Assistant Vice President Executive and Management 253,201,100 VND
Associate Account Director Executive and Management 234,000,600 VND
Associate Director Executive and Management 256,799,900 VND
Bid Manager Executive and Management 273,600,800 VND
Branch Manager Executive and Management 278,400,900 VND
Business Development Manager Executive and Management 293,999,200 VND
Business Operations Associate Executive and Management 252,000,400 VND
Business Operations Lead Executive and Management 243,598,200 VND
Campaign Manager Executive and Management 264,000,100 VND
Catering Coordinator Executive and Management 147,600,500 VND
Catering Manager Executive and Management 238,800,100 VND
CEO Executive and Management 453,600,600 VND
Chairman Office Manager Executive and Management 297,599,600 VND
Chief Commercial Officer Executive and Management 352,799,800 VND
Chief Corporate Officer Executive and Management 383,999,700 VND
Chief Executive Officer Executive and Management 456,001,900 VND
Chief Financial Officer Executive and Management 415,198,100 VND
Chief Investment Officer Executive and Management 347,998,900 VND
Chief of Staff Executive and Management 225,599,800 VND
Chief Operating Officer Executive and Management 353,999,500 VND
Chief Risk Officer Executive and Management 301,201,000 VND
Client Account Manager Executive and Management 277,199,700 VND
Client Accounts Officer Executive and Management 241,199,300 VND
Client Services Manager Executive and Management 289,201,100 VND
Commercial Director Executive and Management 321,599,700 VND
Commercial Manager Executive and Management 273,600,800 VND
Commercial Project Manager Executive and Management 256,799,900 VND
Commodity Broker Executive and Management 201,598,500 VND
COO Executive and Management 352,799,800 VND
Corporate Affairs Executive Executive and Management 282,000,500 VND
Corporate Compliance Director Executive and Management 318,000,500 VND
Corporate Director Executive and Management 314,399,500 VND
Corporate Officer Executive and Management 214,799,400 VND
Corporate Partnerships Officer Executive and Management 214,799,400 VND
Country Manager Executive and Management 347,998,900 VND
Department Head Executive and Management 292,800,300 VND
Department Manager Executive and Management 274,800,400 VND
Department Supervisor Executive and Management 246,000,200 VND
Deputy Director Executive and Management 336,001,500 VND
Deputy Manager Executive and Management 315,599,200 VND
Director Executive and Management 345,600,900 VND
Director of Accreditation Executive and Management 295,199,500 VND
Director of Catering Services Executive and Management 274,800,400 VND
Director of Client Services Executive and Management 310,799,300 VND
Director of Facilities Management Executive and Management 261,598,900 VND
Director of Operations Executive and Management 295,199,500 VND
Director of Process Simplification Executive and Management 241,199,300 VND
Director of Product Management Executive and Management 298,799,000 VND
Director of Project Management Executive and Management 313,198,900 VND
Director of Revenue Management Executive and Management 284,398,600 VND
Director of Training and Development Executive and Management 298,799,000 VND
Distribution Manager Executive and Management 330,000,500 VND
Division Manager Executive and Management 260,400,500 VND
Duty Manager Executive and Management 256,799,900 VND
Engagement Manager Executive and Management 336,001,500 VND
Executive Director Executive and Management 446,400,700 VND
Executive Manager Executive and Management 387,599,900 VND
Franchise Manager Executive and Management 392,399,500 VND
General Manager Executive and Management 366,001,300 VND
Global Master Data Manager Executive and Management 323,999,400 VND
Global Technical Lead Executive and Management 217,198,400 VND
Head of Investment Executive and Management 297,599,600 VND
Head of Middle Office Executive and Management 296,400,500 VND
Head of Projects Executive and Management 301,201,000 VND
Head of Strategy Executive and Management 363,598,800 VND
Head of Supply Chain Executive and Management 278,400,900 VND
Head of Sustainability Executive and Management 265,200,200 VND
Housing Manager Executive and Management 246,000,200 VND
HSE Manager Executive and Management 266,399,100 VND
Key Account Manager Executive and Management 271,201,600 VND
Knowledge Manager Executive and Management 308,401,000 VND
Location Manager Executive and Management 280,800,800 VND
Logistics Executive Executive and Management 243,598,200 VND
Logistics Manager Executive and Management 249,599,700 VND
Management Consultant Executive and Management 256,799,900 VND
Management Executive Executive and Management 330,000,500 VND
Manager Executive and Management 303,600,800 VND
Managing Director Executive and Management 366,001,300 VND
MIS Executive Executive and Management 305,999,400 VND
Ocean Services Manager Executive and Management 336,001,500 VND
Operational Manager Executive and Management 331,199,700 VND
Operations Analyst Executive and Management 267,601,100 VND
Operations Assistant Executive and Management 215,998,500 VND
Operations Director Executive and Management 361,201,700 VND
Operations Executive Executive and Management 334,798,200 VND
Operations Manager Executive and Management 351,599,600 VND
Operations Supervisor Executive and Management 293,999,200 VND
Planning Director Executive and Management 334,798,200 VND
PMO Manager Executive and Management 302,399,700 VND
Policy Administration Executive Executive and Management 267,601,100 VND
Private Sector Executive Executive and Management 266,399,100 VND
Product Development Manager Executive and Management 308,401,000 VND
Product Executive Executive and Management 274,800,400 VND
Production Executive Executive and Management 298,799,000 VND
Production Manager Executive and Management 315,599,200 VND
Production Supervisor Executive and Management 259,198,700 VND
Program Director Executive and Management 321,599,700 VND
Program Manager Executive and Management 316,799,800 VND
Programme Coordinator Executive and Management 224,398,200 VND
Project Control Manager Executive and Management 315,599,200 VND
Project Coordinator Executive and Management 201,598,500 VND
Project Management Officer Executive and Management 220,800,400 VND
Project Manager Executive and Management 230,401,100 VND
Project Portfolio Manager Executive and Management 259,198,700 VND
Quality Manager Executive and Management 257,999,600 VND
R/D Director Executive and Management 289,201,100 VND
Regional Director Executive and Management 410,399,000 VND
Regional Manager Executive and Management 328,800,600 VND
Relationship Manager Executive and Management 307,199,100 VND
Retail District Manager Executive and Management 211,199,300 VND
Revenue Manager Executive and Management 242,398,700 VND
Risk and Capital Manager Executive and Management 339,598,100 VND
Risk Officer Executive and Management 236,398,300 VND
Safety Manager Executive and Management 237,598,200 VND
Section Head Executive and Management 239,998,500 VND
Service Manager Executive and Management 255,600,300 VND
Shift Supervisor Executive and Management 196,799,500 VND
Solutions Manager Executive and Management 227,999,700 VND
Supervisor Executive and Management 197,998,100 VND
Supply Chain Manager Executive and Management 342,001,300 VND
Surveyor Executive and Management 209,999,300 VND
Technical Director Executive and Management 291,598,200 VND
Technical Manager Executive and Management 310,799,300 VND
Territory Manager Executive and Management 293,999,200 VND
Validation Manager Executive and Management 277,199,700 VND
Vice President Executive and Management 363,598,800 VND
Zone Manager Executive and Management 325,200,300 VND

Salary Comparison by City

If you want to compare salaries with different cities in Vietnam, you can use the links below to explore the data for each specific city we have researched.

City Average Salary
Da Nang 428,401,700 VND
Ha Noi 456,001,900 VND
Hai Phong 416,401,200 VND
Thanh Pho Ho Chi Minh 500,401,700 VND

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