Salary Calculator
Enter a gross monthly salary, customize the settings, and generate an instant cost breakdown. Calculation applies to local employees in Vietnam. (Updated for regulations effective July 1, 2026.)
Monthly Pay (Gross Salary):
Check the Frequently Asked Questions section below for more information.
Customized Exchange Rate:
Zone:
Currency:
Disclaimer: This table uses a fixed exchange rate for illustrative purposes (as of July 2025), in which:
- 1 SGD = 20,000 VND
- 1 USD = 26,000 VND
Frequently Asked Questions
Gross Salary is the total earnings before deductions and withholdings.
How is the gross salary calculated?Gross Salary = Net Salary + Personal Income Tax (PIT) +Employee Mandatory Insurance (SI/HI/UI)Net Salary is the actual amount an employee receives after all mandatory deductions.
How is the net salary calculated?Net Salary = Gross Salary - (Personal Income Tax (PIT) + Employee Mandatory Insurance (SI/HI/UI))Vietnamese employers and employees are required by law to contribute to the country's mandatory insurance system. These contributions are calculated based on the contracted salary used for Social Insurance (SI), Health Insurance (HI), and Unemployment Insurance (UI), subject to the statutory salary cap.
They include contributions to:
_Social Insurance (SI):
- Employee pays: 8% of contracted salary (capped at SHI cap)
- Employer pays: 17.5% of contracted salary (capped at SHI cap)
_
Health Insurance (HI):
- Employee pays: 1.5% of contracted salary (capped at SHI cap)
- Employer pays: 3% of contracted salary (capped at SHI cap)
_
Unemployment Insurance (UI):
- Employee pays: 1% of contracted salary (capped at UI cap)
- Employer pays: 1% of contracted salary (capped at UI cap)
_
Trade Union (TU) Fund is used to support trade union activities, employee welfare, and protect workers’ rights under Vietnamese labor laws.
- Employee pays: 0.5% TU fee of contracted salary capped at 10% of the statutory base — optional, only if employee joins the trade union
- Employer pays: 2% TU fund of contracted salary (capped at SHI cap)
The dependant deduction is a personal income tax (PIT) benefit that reduces an employee's taxable income for each eligible dependant they support.
Effective July 1, 2026, the monthly dependant deduction is 6,200,000 VND per eligible dependant.
Employees must register their dependants with the tax authorities and provide the required supporting documents to claim the deduction.
*This deduction does not increase the employer's hiring costs.
What are the minimum wage zones?
Vietnam divides minimum wages into four zones (I, II, III, IV). Employers are obligated to pay salaries, or at minimum insurance bases, that comply with these statutory requirements- Zone I: 5,310,000 VND/month ≈ 266 SGD/month
- Zone II: 4,730,000 VND/month ≈ 237 SGD/month
- Zone III: 4,140,000 VND/month ≈ 207 SGD/month
- Zone IV: 3,700,000 VND/month ≈ 185 SGD/month
What are zones?
Zones are designated by the Government to calculate minimum wage. Zone 1 covers areas including urban areas of Hanoi, Ho Chi Minh City, Hai Phong, along with certain industrial areas in Binh Duong, Dong Nai, etc.
Yes. In addition to gross salary and statutory contributions, employers often incur other costs such as:
- Recruitment fees or onboarding expenses
- Office space, equipment, and software licenses
- Additional employee benefits (e.g. private insurance, team activities, or wellness programs)
- Performance bonuses or annual incentives (if provided by company policy)
These are not mandated by law but are common business practices to attract and retain talent, and should be considered in your overall hiring budget.
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