CEO of Vietnam International Financial Center in HCMC could get $32,000 monthly salary

The People's Committee in Hanoi has proposed new salaries, benefits, and bonuses for personnel working at the Vietnam International Financial Center (VIFC-HCMC). The proposal, submitted to the People's Council, aims to attract top talent in international finance.

Other high-ranking executives and specialists could earn salaries ranging from tens to hundreds of millions of dong per month. The center, launched in February 2026, seeks to develop a financial services ecosystem, attract foreign investment, and connect Vietnam's financial market with global markets.

The proposed salary for the CEO is between VND100-180 million per month, which is higher than the existing range for marketing and communications directors and department heads (VND86-141 million). However, it falls within the range for experienced specialists in finance and accounting (VND18-61 million).

The People's Committee believes the market-based salary regime is necessary to draw professionals with expertise, language skills, international experience, and knowledge of global finance. The agency, classified as a special administrative body, currently operates under the existing salary system. However, the highest salary of VND11.6 million per month is deemed insufficient to attract international finance talent.

Salaries for the chairperson and vice chairperson, who serve in multiple roles, would receive an additional 50% on top of their base salary. Government employees assigned to the agency will also receive an extra allowance equal to 50% of their salary. The total estimated annual cost for the proposed salaries, benefits, and bonuses is VND99.648 billion. Initially funded by the city, once the financial center generates revenue, it will share the cost with the city.