Average Project Development Manager Salary in Vietnam for 2024

In this article, we will look at the average Project Development Manager 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 Project Development Manager Make in Vietnam?

A Project Development Manager working in Vietnam will typically earn around 255,600,300 VND per year, and this can range from the lowest average salary of about 133,198,700 VND to the highest average salary of 391,200,800 VND.

Average Annual Salary
255,600,300 VND
Average Monthly Salary
21,300,025 VND

Lowest Annual Salary
133,198,700 VND
Lowest Monthly Salary
11,099,891 VND

Highest Annual Salary
391,200,800 VND
Highest Monthly Salary
32,600,066 VND

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

Project Development Manager 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 Project Development Manager Salaries in Vietnam

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

Salary ranges

We already know that a Project Development Manager can earn between 133,198,700 VND and 391,200,800 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 Project Development Manager in Vietnam is 244,798,100 VND. This is the middle value in the distribution of salaries.

What this means is that approximately 50% of the population earn less than 244,798,100 VND, and 50% of the population earn more than 244,798,100 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 Project Development Manager salary in Vietnam, 25% of the population are earning less than 170,399,900 VND while 75% of the population earn more than 170,399,900 VND.

75% of the population earn less than 304,798,100 VND, and 25% of the population earn more than 304,798,100 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.

Project Development Manager 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 project development manager 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 Project Development Manager in Vietnam that has less than two years of experience can expect to earn somewhere in the region of 151,201,000 VND.
  • 2 - 5 Years Experience. With two to five years of experience the average Project Development Manager salary would increase to 202,799,300 VND.
  • 5 - 10 Years Experience. From five to ten years of experience as a Project Development Manager, the average salary would be 262,800,400 VND.
  • 10 - 15 Years Experience. Once you have more than ten years of experience the average salary reaches around 318,000,500 VND.
  • 15 - 20 Years Experience. A Project Development Manager with 15 to 20 years of experience can earn an average of 347,998,900 VND.
  • 20+ Years Experience. For a Project Development Manager with more than 20 years, the expected average salary increases to 366,001,300 VND.

Average Salary by Experience Chart

0-2 Years
151,201,000 VND
2-5 Years +34%
202,799,300 VND
5-10 Years +30%
262,800,400 VND
10-15 Years +21%
318,000,500 VND
15-20 Years +9%
347,998,900 VND
20+ Years +5%
366,001,300 VND

Project Development Manager 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 Project Development Manager 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 Project Development Manager in Vietnam with a high school education can earn an average salary of 181,199,700 VND.

  • Certificate or Diploma. A Project Development Manager in Vietnam with a certificate or diploma education can earn an average salary of 207,600,200 VND.

  • Bachelor's Degree. A Project Development Manager in Vietnam with a bachelor's degree education can earn an average salary of 292,800,300 VND.

  • Master's Degree. A Project Development Manager in Vietnam with a master's degree education can earn an average salary of 353,999,500 VND.

Average Salary by Education Chart

High School
181,199,700 VND
Certificate or Diploma +14%
207,600,200 VND
Bachelor's Degree +41%
292,800,300 VND
Master's Degree +21%
353,999,500 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.

Project Development Manager 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 project development manager will earn an average of 268,801,500 VND, while a female project development manager will earn around 246,000,200 VND.

This means that a male project development manager earns approximately 9% more than a female project development manager for performing the same job.

Average Salary by Gender Chart in Vietnam

Male
268,801,500 VND
Female -9%
246,000,200 VND

Project Development Manager 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 Project Development Manager in Vietnam is around 12% 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 = ( 12 ÷ 17 ) × 12  = 8%

What this means is that a Project Development Manager in Vietnam can expect to receive an average pay raise of around 8% 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%

Project Development Manager 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 Project Development Manager is a high bonus based job, with 78% of employees reporting at least one bonus in the last 12 months.

22% 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 6% to 8%.

Received Bonus
78%
No Bonus
22%

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 Project Development Manager

In the table below, we have salary information for jobs that are similar to a Project Development Manager in Vietnam.

Job Title Category Salary
Account Manager Sales Retail and Wholesale 231,599,000 VND
Account Officer Sales Retail and Wholesale 127,201,600 VND
Area Manager Sales Retail and Wholesale 262,800,400 VND
Area Sales Director Sales Retail and Wholesale 422,399,100 VND
Area Sales Manager Sales Retail and Wholesale 338,398,500 VND
Assisstant Store Supervisor Sales Retail and Wholesale 145,200,100 VND
Assistant Department Manager Sales Retail and Wholesale 160,800,900 VND
Assistant Retail Store Manager Sales Retail and Wholesale 182,401,400 VND
Branch Manager Sales Retail and Wholesale 259,198,700 VND
Branch Supervisor Sales Retail and Wholesale 218,400,400 VND
Cashier Sales Retail and Wholesale 80,640,500 VND
Cashier Manager Sales Retail and Wholesale 174,000,900 VND
Commercial Sales Manager Sales Retail and Wholesale 344,398,900 VND
Corporate Sales Manager Sales Retail and Wholesale 302,399,700 VND
Depot Manager Sales Retail and Wholesale 244,798,100 VND
Depot Supervisor Sales Retail and Wholesale 211,199,300 VND
Deputy Sales Manager Sales Retail and Wholesale 238,800,100 VND
Director of Sales Sales Retail and Wholesale 417,600,100 VND
Distribution Director Sales Retail and Wholesale 293,999,200 VND
District Leader Sales Retail and Wholesale 214,799,400 VND
District Manager Sales Retail and Wholesale 261,598,900 VND
District Sales Manager Sales Retail and Wholesale 257,999,600 VND
External Sales Account Manager Sales Retail and Wholesale 235,200,900 VND
Field Sales Representative Sales Retail and Wholesale 166,799,600 VND
Furniture Sales Associate Sales Retail and Wholesale 117,001,300 VND
Global Wholesale Manager Sales Retail and Wholesale 460,799,100 VND
Head Cashier Sales Retail and Wholesale 163,201,300 VND
Head of Direct Sales Sales Retail and Wholesale 319,201,400 VND
Head of Retail Sales Retail and Wholesale 314,399,500 VND
Head Teller Sales Retail and Wholesale 169,198,600 VND
Inside Sales Sales Retail and Wholesale 130,799,600 VND
Inside Sales Account Manager Sales Retail and Wholesale 194,398,100 VND
Inside Sales Engineer Sales Retail and Wholesale 144,001,700 VND
Inside Sales Executive Sales Retail and Wholesale 220,800,400 VND
Inside Sales Representative Sales Retail and Wholesale 139,199,500 VND
Internal Sales Manager Sales Retail and Wholesale 250,801,100 VND
Inventory Manager Sales Retail and Wholesale 230,401,100 VND
Key Account Manager Sales Retail and Wholesale 244,798,100 VND
Medical Device Sales Sales Retail and Wholesale 194,398,100 VND
Medical Device Sales Representative Sales Retail and Wholesale 182,401,400 VND
Merchandiser Sales Retail and Wholesale 164,398,100 VND
National Account Manager Sales Retail and Wholesale 332,398,200 VND
National Customer Solution Specialist Sales Retail and Wholesale 284,398,600 VND
National Sales Manager Sales Retail and Wholesale 435,599,200 VND
Outside Sales Representative Sales Retail and Wholesale 159,601,400 VND
Parts Salesperson Sales Retail and Wholesale 129,601,700 VND
Project Manager Sales Retail and Wholesale 268,801,500 VND
Project Sales Executive Sales Retail and Wholesale 257,999,600 VND
Purchasing and Sales Executive Sales Retail and Wholesale 364,799,900 VND
Quotation Engineer Sales Retail and Wholesale 134,400,400 VND
Regional Sales Director Sales Retail and Wholesale 453,600,600 VND
Regional Sales Manager Sales Retail and Wholesale 421,201,200 VND
Relationship Manager Sales Retail and Wholesale 277,199,700 VND
Retail Merchandiser Sales Retail and Wholesale 100,321,300 VND
Retail Operations Manager Sales Retail and Wholesale 250,801,100 VND
Retail Sales Associate Sales Retail and Wholesale 194,398,100 VND
Retail Sales Representative Sales Retail and Wholesale 146,401,200 VND
Retail Salesperson Sales Retail and Wholesale 139,199,500 VND
Retail Store Manager Sales Retail and Wholesale 254,401,100 VND
Retail Store Sales Person Sales Retail and Wholesale 135,600,300 VND
Revenue Manager Sales Retail and Wholesale 250,801,100 VND
Sales Account Manager Sales Retail and Wholesale 296,400,500 VND
Sales Admin Executive Sales Retail and Wholesale 336,001,500 VND
Sales Administration Manager Sales Retail and Wholesale 319,201,400 VND
Sales Analyst Sales Retail and Wholesale 234,000,600 VND
Sales Assistant Sales Retail and Wholesale 103,920,800 VND
Sales Associate Sales Retail and Wholesale 128,400,500 VND
Sales Consultant Sales Retail and Wholesale 189,600,800 VND
Sales Coordinator Sales Retail and Wholesale 148,800,300 VND
Sales Development Representative Sales Retail and Wholesale 164,398,100 VND
Sales Director Sales Retail and Wholesale 423,599,700 VND
Sales Engineer Sales Retail and Wholesale 152,398,600 VND
Sales Executive Sales Retail and Wholesale 257,999,600 VND
Sales Manager Sales Retail and Wholesale 363,598,800 VND
Sales Officer Sales Retail and Wholesale 141,598,200 VND
Sales Planner Sales Retail and Wholesale 225,599,800 VND
Sales Planning Analyst Sales Retail and Wholesale 221,999,600 VND
Sales Representative Sales Retail and Wholesale 128,400,500 VND
Sales Service Associate Sales Retail and Wholesale 128,400,500 VND
Sales Specialist Sales Retail and Wholesale 201,598,500 VND
Sales Supervisor Sales Retail and Wholesale 219,601,200 VND
Sales Support Sales Retail and Wholesale 96,838,800 VND
Sales Support Manager Sales Retail and Wholesale 214,799,400 VND
Sales Team Leader Sales Retail and Wholesale 214,799,400 VND
Sales Trainer Sales Retail and Wholesale 234,000,600 VND
Securities Sales Agent Sales Retail and Wholesale 224,398,200 VND
Shipper / Receiver Sales Retail and Wholesale 103,561,000 VND
Shop Manager Sales Retail and Wholesale 234,000,600 VND
Store Development Administrator Sales Retail and Wholesale 165,599,600 VND
Store Manager Sales Retail and Wholesale 265,200,200 VND
Territory Sales Manager Sales Retail and Wholesale 338,398,500 VND
Territory Sales Representative Sales Retail and Wholesale 196,799,500 VND
Trade Marketing Officer Sales Retail and Wholesale 225,599,800 VND
Treasury Officer Sales Retail and Wholesale 220,800,400 VND
Vice President Sales Sales Retail and Wholesale 314,399,500 VND
Visual Merchandiser Sales Retail and Wholesale 119,998,200 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 269,998,100 VND
Ha Noi 282,000,500 VND
Hai Phong 247,201,400 VND
Thanh Pho Ho Chi Minh 290,400,900 VND

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