Last year, CEOs of publicly listed companies in Vietnam took home an average of approximately $100,700, with leaders in the property and financial services sectors topping the pay scale. According to a study conducted by financial data firms FiinGroup and FiinRatings, Nguyen Thi Thu Huong, CEO of industrial property developer Kinh Bac City, emerged as the highest-paid executive, earning an impressive $690,000.
The study highlighted that the 15 highest-earning CEOs made between $220,000 and $690,000. Executives in the real estate industry led the way with an average annual income of $200,000. They were closely followed by their counterparts in financial services — particularly those in stock brokerages — along with leaders in the insurance, healthcare, and consumer goods sectors.
The report also noted that CEOs of companies with a market capitalization of around $1009487,5 or more had an average income 52% higher than the overall average. Meanwhile, CEOs of privately-owned firms earned twice as much as those managing state-owned enterprises.
The analysis covered 200 publicly listed companies that collectively represented nearly 86% of the market capitalization across Vietnam’s three stock exchanges as of the end of 2023. It considered various forms of income, including salaries, bonuses, and allowances, but did not include stock options (ESOP), reward shares, or other additional benefits.
GDP (nominal) | Capital | Head of State | Head of Government | GDP (nominal) per capita | GDP (PPP) | GDP (PPP) | GDP (PPP) per capita |
---|---|---|---|---|---|---|---|
Vietnam | Hanoi | To Lam | Pham Minh Chinh | 433.356 | 4.316 | 1.434.211 | 14.285 |
Have you read?
World’s Best Countries To Invest In Or Do Business.
World’s Most Startup-Friendly Countries.
World’s Best Countries For Quality of Life.
Largest Economies Europe In 2024.
GDP of the BRICS countries (2000 to 2028).
Add CEOWORLD magazine to your Google News feed.
Follow CEOWORLD magazine headlines on: Google News, LinkedIn, Twitter, and Facebook.
Copyright 2024 The CEOWORLD magazine. All rights reserved. This material (and any extract from it) must not be copied, redistributed or placed on any website, without CEOWORLD magazine’ prior written consent. For media queries, please contact: info@ceoworld.biz