Robert walters global salary survey 2015

1. VIETNAM
2014 was a challenging year
for the Vietnamese recruitment
market. Job opportunities opened
up in a number of areas, but a
general shortage of specialist skills
made it difficult for hiring managers
to secure their ideal candidates.
New businesses continued to
arrive in Vietnam, attracted by
the comparatively low costs
associated with setting up
operations in the country –
particularly in the manufacturing
sector. As foreign companies seek
a viable outsourcing alternative to
China, Vietnam is becoming an
increasingly popular destination for
those looking to secure a foothold
in Southeast Asia.
Following Singapore’s example of
prioritising domestic and overseas
talent, the emphasis was on
hiring Vietnamese professionals
based at home and abroad, with
strong demand for candidates
with experience in established
overseas markets. However, given
the limited local talent pool, foreign
professionals were still recruited at
the mid-to-senior levels.
These trends look set to continue
in the year ahead, particularly as
the FMCG sector is expected to
recover. Demand for specialist
skills is also likely to outstrip supply
in the year ahead. However, with
international businesses looking to
keep costs low, there was often a
gap between salary expectations
and actual offers. In 2015, hiring
managers are advised to promote
development opportunities and
wider company benefits in order to
secure their ideal candidates.
SUMMARY

2. Growth in the
manufacturing and
pharmaceutical sectors
stimulated hiring
activity in accounting
and finance. Finance
professionals who understood the business-
partnering potential of their role were
sought-after. In addition, specialists skilled in
cost-related issues and financial control saw
increased demand.
Internationally-recognised certifications such
as ACCA, CIMA or CPA continued to be
highly valued. With a limited talent pool, hiring
managers will need to pay competitive salary
raises of 15-25% for job movers.
BANKING & FINANCIAL SERVICES
As banks competed for business within
the market, we did see some requests for
front office staff during the year. Overseas
experience was a major hiring requirement,
coupled with Vietnamese language skills.
However, professionals in this sector
showed little inclination to move jobs, which
significantly restricted mobility and hiring
levels. Salaries increased by 10-20% for job
movers and 7-10% for non-movers in 2014.
HUMAN RESOURCES
Companies across the board looked
to strengthen their HR teams in 2014.
Candidates with regional experience who
could add value through business partnering
as well as compensation and benefits experts
were key hiring priorities. HR professionals
who could help retain key talent and develop
business capabilities internally were also
valued.
Salaries increased by 15-25% for job movers
in 2014. Hiring managers may need to
meet these rates in 2015, while also offering
broader development packages to secure the
best candidates.
INFORMATION TECHNOLOGY
IT specialists with strong technical skills were
required across the board in 2014. Requests
for cloud computing, mobility engineering, big
data, business intelligence and information
security specialists increased.
Vietnam will continue to be a preferred
destination for software outsourcing
companies due to the country’s competitive
labour costs. Across commerce, employers
are likely to seek senior-level sales and
marketing professionals with strong technical
knowledge and business leadership potential.
Overseas Vietnamese professionals will be a
much sought-after resource.
SALES & MARKETING
Industrial
We saw demand for sales and marketing
professionals in a range of industrial areas,
including oil and gas, technical, automation,
and raw materials. Candidates were keen to
explore new opportunities and employers were
happy to hire professionals with transferrable
skills from other sectors. Salary increases
were around 20% for job movers and 15% for
non-movers in 2014, these trends are likely to
continue in 2015.
FMCG
In 2014, Vietnam’s FMCG sector saw negative
growth for the first time in approximately 10
years. Consumers took a cautious approach
to the purchase of luxury goods, which
affected certain multinationals. As a result, we
saw changes at the senior level among some
FMCG companies, with demand for heads
of business who could implement strategic
change. Replacement hiring rather than
recruitment for new roles was common.
Pharmaceutical
With double-digit growth in the pharmaceutical
sector in 2014, we saw an upturn in demand
for sales and marketing professionals.
Pharmaceutical professionals with compliance
expertise were also sought-after as the
government introduced new regulatory
measures. Salary increases were around
15-25% for job movers and 10-15% for
non-movers in 2014, these trends are likely to
continue in 2015.
SUPPLY CHAIN & ENGINEERING
As new businesses continued to invest
in Vietnam, we saw an ongoing need for
companies to build robust supply chains,
which had a positive knock-on effect for
recruitment. Companies also continued
to expand their factory operations, which
generated demand for supply chain and
engineering professionals alike – particularly
those with experience in sourcing and quality
control.
VIETNAM
COUNTRY OVERVIEW
ACCOUNTING
& FINANCE

3. HO CHI MINH CITY
SALARIES
Robert Walters Global Salary Survey 2015475
ACCOUNTING & FINANCE
ROLE PERMANENT SALARY PER ANNUM USD ($)
2014 2015
Accounting
Internal Auditor Manager 26 - 52k 26 - 52k
Senior Auditor 20 - 24k+ 20 - 24k
Chief Accountant 16 - 32k 18 - 33k
Management Accountant 11 - 24k 11 - 20k
Financial Accountant 11 - 20k 11 - 20k
Finance
Chief Financial Officer 86 - 122k 90 - 130k
Finance Director - MNC 57 - 88k 60 - 90k
Legal Director 46 - 78k+ 48 - 42k
Finance Director - SME 46 - 59k 48 - 72k
Financial Controller - MNC 42 - 49k 42 - 58k
Finance Manager 26 - 50k 26 - 50k
Compliance & Risk Mananger 37 - 52k+ 37 - 54k
Financial Controller - SME 33 - 46k 30 - 48k
Tax Manager 26 - 52k 27 - 52k
Legal Manager 22 - 46k 24 - 48k
Finance/Business Analyst 16 - 33k+ 18 - 33k
Cost Controller 13 - 26k+ 13 - 30k
NB: Figures are basic salaries exclusive of benefits/bonuses unless otherwise specified.

4. HO CHI MINH CITY
SALARIES
Robert Walters Global Salary Survey 2015 476
BANKING & FINANCIAL SERVICES
ROLE PERMANENT SALARY PER ANNUM USD ($)
2014 2015
Front Office
Private Equity 36 - 48k 36 - 48k
Investment Manager 18 - 48k 18 - 48k
Investment Analyst 18 - 36k 18 - 36k
Corporate Banking
Head of Corporate Banking 120 - 180k 120 - 180k
Relationship Manager 18 - 60k 18 - 60k
Consumer Banking
Head of Consumer Banking 120 - 180k 120 - 180k
Relationship Manager 18 - 36k 18 - 36k
Middle & Back Office
Risk Manager 36 - 72k 36 - 72k
Operations Manager 24 - 48k 24 - 48k
Product Manager 24 - 44k 24 - 44k
Compliance Manager 18 - 40k 18 - 40k
Internal Audit 18 - 36k 18 - 36k
NB: Figures are basic salaries exclusive of benefits/bonuses unless otherwise specified.

5. HO CHI MINH CITY
SALARIES
Robert Walters Global Salary Survey 2015477
HUMAN RESOURCES
ROLE PERMANENT SALARY PER ANNUM USD ($)
2014 2015
Human Resources
HR Director 72 - 120k+ 60 - 120k
HR Shared Services Manager 36 - 54k 40 - 60k
HR Manager 28 - 60k+ 28 - 60k
Organisation & Development Manager 25 - 48k 25 - 48k
HR Business Partner 25 - 48k 25 - 48k
Talent Acquisition Manager 20 - 30k 20 - 36k
Compensation & Benefits Manager 20 - 24k 24 - 26k
Training & Development Manager 19 - 26k 19 - 26k
HR Executive 9 - 15k 9 - 15k
Business Support
Office Manager 13 - 19k 13 - 19k
Personal Assistant 6 - 13k 6 - 13k
NB: Figures are basic salaries exclusive of benefits/bonuses unless otherwise specified.

6. HO CHI MINH CITY
SALARIES
Robert Walters Global Salary Survey 2015 478
INFORMATION TECHNOLOGY
ROLE PERMANENT SALARY PER ANNUM USD ($)
2014 2015
Business Transformation
IT Head 50 - 65k 55 - 80k
CTO 28 - 45k 33 - 54k
Senior Project Manager 26 - 40k 28 - 40k
IT Manager 20 - 35k 20 - 35k
Senior Business Analyst 20 - 30k 22 - 33k
Development
Senior Android/iOS Developer 23 - 26k 23 - 26k
Technical Architect - .NET 20 - 25k 24 - 30k
C#/ASP .NET Engineer 20 - 26k 20 - 26k
ERP Technical Consultant 16 - 24k 18 - 25k
Embedded Software Engineer 15 - 20k 15 - 20k
SharePoint Developer 15 - 20k 16 - 21k
Java Engineer 15 - 19k 18 - 22k
ERP Functional Consultant 14 - 19k 16 - 22k
Senior QC Engineer 9 - 15k 9 - 15kk
Infrastructure
IT Infrastructure Head 32 - 40k 35 - 44k
IT Security Manager 25 - 42k 30 - 50k
Senior System Engineer 25 - 40k 27 - 40k
Senior Database Engineer 14 - 22k 16 - 26k
NB: Figures are basic salaries exclusive of benefits/bonuses unless otherwise specified.

7. HO CHI MINH CITY
SALARIES
Robert Walters Global Salary Survey 2015479
SALES & MARKETING
ROLE PERMANENT SALARY PER ANNUM USD ($)
2014 2015
Management
GM/MD 135 - 225k 150 - 240k
Sales & Marketing Director 80 - 110k 83 - 115k
Sales & Marketing Manager 67 - 90k 68 - 95k
Sales
Sales Director 70 - 100k 73 - 110k
National Account Manager 60 - 75k 62 - 75k
Regional Account Manager 30 - 45k 32 - 45k
Key Account Manager 30 - 45k 32 - 45k
Business Development Manager 30 - 37k 38 - 45k
Area Sales Manager 23 - 30k 25 - 33k
District Sales Manager 15 - 22k 17 - 24k
Sales Engineer 9 - 15k 9 - 15k
Marketing
Corporate Affairs Director 90 - 105k 90 - 105k
Marketing Research Director 80 - 110k 90 - 105k
Marketing Director 80 - 110k 83 - 115k
Business Unit Manager 75 - 105k 77 - 105k
Marketing Manager 67 - 90k 68 - 95k
Marketing Research Manager 67 - 90k 45 - 60k
MarComms Director 60 - 75k 65 - 75k
Direct Marketing Manager 60 - 90k 63 - 90k
Public Relations Director 48 - 70k 51 - 75k
Trade Marketing Manager 45 - 60k 48 - 62k
MarComms Manager 45 - 60k 47 - 60k
Channel Manager 37 - 45k 39 - 47k
Public Relations Manager 35 - 45k 37 - 47k
Corporate Affairs Manager 30 - 45k 33 - 48k
Product Manager 26 - 37k 27 - 38k
Visual Merchandising Manager 23 - 30k 23 - 30k
Brand Manager 23 - 30k 25 - 33k
Technical Healthcare
Medical Director 67 - 90k 71 - 100k
Clinical Research Manager 38 - 53k 40 - 55k
Medical Affairs Manager 30 - 52k 35 - 41k
Regulatory Affairs Manager 30 - 45k 32 - 48k
Medical Science Liaison 23 - 33k 22 - 33k
Regulatory Affairs Specialist 18 - 27k 18 - 27k
Clinical Research Specialist 18 - 26k 18 - 26k
Medical Specialist 15 - 23k 15 - 22k
NB: Figures are basic salaries exclusive of benefits & bonuses unless otherwise specified.

8. HO CHI MINH CITY
SALARIES
Robert Walters Global Salary Survey 2015 480
SUPPLY CHAIN & PROCUREMENT
ROLE PERMANENT SALARY PER ANNUM USD ($)
2014 2015
Supply Chain & Procurement
Supply Chain Director 66 - 93k 75 -135k
Operations Manager 53 - 66k 56 - 70k
Plant Manager 53 - 60k 56 - 70k
Supply Chain Manager 33 - 53k 42 - 56k
Continuous Improvement Manager 33 - 46k 35 - 49k
Logistics Manager 33 - 39.5k 33 - 45k
Maintenance Manager 33 - 39.5k 30 - 45k
Planning Manager 27 - 53k 30 - 45k
Customer Service Manager 27 - 40k 28 - 42k
Production Manager 27 - 40k 28 - 42k
Procurement Manager 27 - 33k 30 - 45k
Warehouse Manager 27 - 33k 28 - 35k
Sourcing Manager 27 - 33k 36 - 52k
Service Manager 27 - 33k 30 - 45k
HSE Manager 27 - 33k 28 - 42k
Facility Manager 24 - 29k 25 - 30k
Third Party Logistics
Operations/Logistics Manager 33 - 44k 33 - 44k
Sales Manager 27 - 33k 27 - 33k
Key Account Manager 20 - 33k 20 - 33k
Engineering
Engineering Manager 33 - 46k 35 - 49k
QA/QC Manager 33 - 40k 35 - 42k
Project Manager 29 - 40k 30 - 45k
R&D Manager 20 - 33k 21 - 35k
NB: Figures are basic salaries exclusive of benefits/bonuses unless otherwise specified.