{"id":22133,"date":"2024-11-28T10:32:19","date_gmt":"2024-11-28T03:32:19","guid":{"rendered":"https:\/\/www.cimigo.com\/?p=22133"},"modified":"2025-10-17T10:59:06","modified_gmt":"2025-10-17T03:59:06","slug":"vietnam-economic-class","status":"publish","type":"post","link":"https:\/\/www.cimigo.com\/en\/trends\/vietnam-economic-class\/","title":{"rendered":"Vietnam economic class and rising affluence"},"content":{"rendered":"

Vietnam economic class<\/strong><\/h2>\n

Vietnam economic class structure continues to change dramatically.\u00a0 \u00a0 Middle-class acceleration coupled with urban migration and lower birth rates means that households are smaller and wealthier. In 2024 there were 15.8 million households have an income above US$ 592 (VND 15,000,000) per month. These households are classified as ABCD economic class. 56% of households in 2024 are ABCD class.\u00a0 This equates to 56.2 million people.<\/p>\n

2024 household distribution in Vietnam<\/h2>\n

\"Cimigo<\/p>\n

Economic class is provided by grades ABCDEF and is based on claimed monthly household income. Data is taken from over 145,000 Cimigo<\/a> household sample surveys.<\/p>\n

Year 2024: US$1 = VND25,322<\/p>\n

2024 economic class household distribution in Vietnam<\/h2>\n

\"Cimigo<\/p>\n

Economic class is provided by grades ABCDEF and is based on claimed monthly household income. Data is taken from over 145,000 Cimigo<\/a> household sample surveys.<\/p>\n

Year 2024: US$1 = VND25,322<\/p>\n

Rising affluence in Vietnam<\/h2>\n

The figures below demonstrate\u00a0 affluence in 20024. Variance over 2023 are shown, there was a small incremental change over 2023.<\/p>\n

    \n
  • 5 billionaires. Down 17%.<\/li>\n
  • 1,470 Ultra high net worth (>30 US$ million). Up 2.0%.<\/li>\n
  • 66,901 millionaires. Up 2.2%.<\/li>\n
  • 6,183,408 households =>USD1,000 monthly income. Up 1.5%.<\/li>\n
  • 13,518,160 households US$500-US$999 monthly income. Up 0.5%.<\/li>\n
  • Diaspora remittances (2023) US$18.2 billion. Down 4.2%.<\/li>\n<\/ul>\n
    \n