On August 27th, at the Fourth Session (specialized session), the Ho Chi Minh City People's Council passed a resolution regulating the regime of salaries, benefits and bonuses for personnel working at the International Financial Center Management Agency in Ho Chi Minh City.
The CEO of the International Financial Center in Ho Chi Minh City will receive a salary of 450 - 850 million VND/month. The Chief Operating Officer (COO) will receive a salary of 200 - 400 million VND/month.
The Deputy Director in charge of Communications and Market Development (CCO) has a salary of 100 - 180 million VND/month.
Chairmen of operating agencies have salaries from 140 - 200 million VND/month; Vice Chairmen from 100 - 170 million VND; Heads of departments, divisions and equivalents from 70 - 140 million VND; Deputy Heads of departments, divisions and equivalents from 50 - 90 million VND/month.
The group of specialists, civil servants, public employees and employees doing professional and nghiệp vụ work but not holding leadership and management positions has a salary of 30 - 60 million VND/month.
Support and service positions such as receptionists, drivers, and security guards have salaries from 15 - 20 million VND/month.
Ho Chi Minh City will increase nearly 100 billion VND/year to implement salary, preferential and bonus policies.
According to the Ho Chi Minh City People's Committee, the Operation Agency of the International Financial Center has the task of managing, licensing and directly operating financial investment and business activities within the Center; and at the same time building an electronic one-stop-shop administrative system and deploying the Sandbox mechanism for new financial models.
This is a new field, complex in nature, related to many industries such as finance, banking, securities, insurance, trade, labor, immigration, land and environment. Therefore, attracting high-quality human resources and ensuring operational capacity is important for the Center's operations.
The operating agency of the International Financial Center officially operates from December 18, 2025. Although it is allowed to apply a specific salary and preferential mechanism according to the market, there are still no specific regulations on salary levels and spending norms.
While waiting for new policies, the unit temporarily applies the salary coefficient of civil servant type A1, with the highest level of about 11.65 million VND/person/month. According to the Ho Chi Minh City People's Committee, this level is much lower than the income level in the international financial sector, causing difficulties in recruiting and retaining human resources.
Notably, more than 88% of personnel at the Management Agency are not civil servants, so they have not been allocated from the allocated salary fund. From February 2026, the unit must temporarily advance operating expenses to pay salaries to this group.
The funding source of about 5.8 billion VND is only enough to maintain for more than 2 months. If the specific incentive policy is not issued in time, from August 2026, the source of money may no longer be enough to pay salaries and maintain operations.
Ho Chi Minh City People's Committee warns that this situation may cause more than 88% of personnel to quit their jobs, causing brain drain, stagnation of operations and affecting the development goals of the International Financial Center, as well as the city's double-digit economic growth target.
