Labor of Vietnam IT Industry in 2024 and Predictions

As Vietnam continues to position itself as a hub for global technology development and outsourcing, the IT industry is seeing rapid growth, driven by demand for software development, cloud computing, cybersecurity, FinTech, PropTech, and artificial intelligence (AI). With its highly skilled workforce, competitive salaries, and increasing government support, Vietnam has become a prime location for businesses looking to expand their technology operations.

In this blog, we provide an in-depth look at the current state of Vietnam’s IT labor market in 2024, salary trends, emerging job roles, and future predictions for the coming years.

Overview of Vietnam IT Labor

Vietnam’s IT industry has witnessed exponential growth over the last decade, with the country’s labor force becoming increasingly well-educated and highly skilled. As of 2024, Vietnam is considered one of the top outsourcing destinations in Southeast Asia, especially in the software development, FinTech, and cloud computing sectors.

A key factor contributing to the success of Vietnam’s IT industry is its rapidly improving education system in technology and engineering fields, which has produced a highly competent talent pool. As per the Vietnam IT & Tech Talent Landscape Report, a part of Vietnam IT Market Report 2024, the number of tech/ digital labor force working in computer science & it-related sectors, with over 560,000 workers in the sector by 2024, and the annual students enrollment is more than 55,000.

Vietnam’s IT labor force is predominantly young, with the average age of an IT worker being 29 years old, which is below the global average. This younger demographic, combined with Vietnam’s competitive wages and government initiatives to support digital transformation, makes the country an attractive destination for IT outsourcing and technology-related startups.

Salary of the Vietnam IT Industry

As Vietnam continues to mature as an IT outsourcing destination, salaries in the tech sector are seeing significant growth, though they remain competitive compared to other regions. The salary range varies greatly depending on the role, experience level, and location.

Average Salaries in Vietnam IT Industry (2024):

• Fresher Developers (<1 year of experience): Around $415- $510 per month 
• Junior Developers (1-2 years of experience): Around $586 – $950 per month
• Mid-Level Developers (3-5 years of experience): Around $1,005 – $1,427 per month
• Senior Developers (5+ years of experience): Around $1,521 – $1,927 per month
• IT Managers and Team Leads: Approximately $1,651 – $2,019 per month
• Director/Architect: Around $1,995 – $2,590 per month

The average salaries in Vietnam’s IT industry for 2024 reflect steady growth, with clear pay progression from junior developers ($586 – $950) to senior roles like Directors and Architects ($1,995 – $2,590). While these figures are competitive in the local market, they are still lower than regional counterparts, making Vietnam an attractive destination for IT talent due to its combination of affordability and growing tech sector. The demand for skilled developers and IT leaders will continue to rise, presenting opportunities for both career growth and higher earnings in the future.

Emerging Trend Jobs in Vietnam IT Industry

As new technologies emerge and industries evolve, new job roles are emerging in the Vietnam IT labor market. These positions are fueled by the rapid growth of cloud computing, FinTech, cybersecurity, and artificial intelligence.

Emerging IT Roles in Vietnam:

1. AI Engineers: With the increasing demand for AI-based solutions across various sectors, AI Engineers are becoming some of the most sought-after professionals in Vietnam. Salaries for AI Engineers in 2024 range from $1,480 to $2,380, depending on experience.
   At Madison, we also collaborate with an expert AI partner to provide tailored AI solutions, ensuring your business stays ahead in this fast-evolving field.
2. Cloud Architects: Cloud adoption continues to grow across industries in Vietnam. Cloud Architects are now responsible for designing scalable, secure, and efficient cloud infrastructure. Salaries for Cloud Architects range from $1,460 to $2,370 per month.
3. Cybersecurity Specialists: As cyber threats become more sophisticated, the demand for Cybersecurity Specialists continues to rise. Professionals in this field are expected to see salaries ranging from $940 to $1,700 per month.
4. DevOps Engineers: The push towards agile development and automation is increasing demand for DevOps Engineers. This role combines software development and IT operations expertise, with salaries ranging from $1,300 to $2,260 monthly.
5. Blockchain Developers: As blockchain technology expands beyond cryptocurrency into sectors like supply chain, logistics, and finance, Blockchain Developers are increasingly in demand. Salaries for these positions are estimated to range from $1,250 to $2,240 per month.
6. Product Managers for Super Apps: The rise of super apps in the region, which integrate services from ride-hailing to food delivery, has created demand for experienced Product Managers who can handle these complex, multi-functional platforms.

Predictions for Vietnam’s IT Labor Market in 2025 and Beyond

As Vietnam’s IT sector continues to grow and adapt to emerging technologies, the labor market is expected to see significant shifts in the coming years. Here are key predictions for Vietnam’s IT labor market in 2025 and beyond:

1. Growth in AI and Automation Roles

As industries across the globe increasingly adopt AI-driven technologies for automation, AI engineers in Vietnam will experience a surge in demand. Companies in sectors like banking, healthcare, and retail are leveraging artificial intelligence for predictive analytics, customer service automation, and fraud detection. The rise in AI applications will make AI Engineers one of the most sought-after roles, with salaries ranging from $1,500 to $3,000 per month by 2025. AI Engineers will play a pivotal role in shaping the future of automation, making them critical assets to businesses adopting AI solutions.

2. Expansion of Cloud Computing and Cloud Architecture Roles

The move toward cloud-based solutions in Vietnam will continue to gain momentum, especially as businesses scale their operations digitally. Cloud Architects will be essential for designing, implementing, and managing cloud infrastructure. By 2025, cloud architect salaries are expected to rise to between $1,500 to $2,400 per month, reflecting the growing importance of cloud technologies in sectors such as e-commerce, finance, and telecommunications. As cloud adoption accelerates, there will be a substantial demand for professionals with expertise in cloud architecture and cloud management.

3. Increased Focus on Cybersecurity

With the growing reliance on digital platforms and the rise in cyber threats, Cybersecurity Specialists will remain in high demand. By 2025, the need for professionals who can protect critical infrastructure from hacking attempts, data breaches, and ransomware attacks will be greater than ever. Cybersecurity salaries are expected to range from $1,000 to $1,700 per month, reflecting the rising importance of this field. Cybersecurity Specialists will play a crucial role in safeguarding both businesses and consumers, especially with the increase in remote work and digital transactions.

4. Emergence of Product Managers for Super Apps

As Southeast Asia continues to see the rise of super apps—multi-functional platforms that combine services like ride-hailing, food delivery, and digital payments—the demand for Product Managers who can oversee these complex, all-in-one platforms will increase. By 2025, Product Managers for super apps will see salaries between $1,640 and $2,500 per month, driven by the need to manage the development, integration, and scaling of these digital ecosystems. As super apps become a dominant force in the region, Product Management expertise will become essential to navigate the challenges of combining multiple services into a seamless experience.

Conclusion

Vietnam’s IT labor market in 2024 is on a positive trajectory, with increasing demand for specialized talent in AI, cloud computing, cybersecurity, and other emerging technologies. As salaries grow and new roles emerge, Vietnam will continue to solidify its position as a top IT outsourcing hub in Southeast Asia. By 2025, the country is expected to see even more robust growth in its IT sector, driven by both local and international demand for skilled professionals.

Data Resources: TopDev – Vietnam IT Market Report 2024 

Madison Technologies: Your Trusted Partner in Dedicated Team 

While hiring in-house teams may seem like an ideal solution, it comes with hidden costs—recruitment, training, employee benefits, and other overheads. With our dedicated team of experts, we take care of everything for you. You won’t have to deal with the complexities of employee management. Simply provide the tasks and requirements, and we’ll ensure the quality and efficiency of the work. All you need to focus on is the monthly billing for the entire team. At Madison Technologies, we specialize in cloud computing, cybersecurity, and super app development, helping businesses scale and innovate in the digital era.

Ready to take the next step?

#VietnamIT #LaborMarketVietnam #SuperApps #PropTech #Fintech #CyberSecurity #CloudComputing #SoutheastAsia #number1_superapp #security_for_malaysia #cloud_computing_for_malaysia #fintech_development_for_malaysia #outsourcing4malaysia #proptech_development_for_malaysia #dedicated_team_for_malaysia