Vietnam’s IT engineers are earning higher than Malaysian 2.19 times, in which companies in Da Nang are paying the highest

The Association of IT Communication Malaysia reported the market of 2014.

Based on the method of purchasing power parity, Vietnam is the country with the IT industry income the highest in ASEAN, even above IT developed like America, Canada, UK, India, China.

Specifically, in 2013, if taking labor income in advanced information technology industry in Malaysia as the base, income level in Vietnam is 2.19 times, while China 1.9 times, American 1.93 times, Singapore 1.7 times and Thailand only about 1.5 times. Compared with a year earlier, wages in Asian countries are rising, while European countries such as Britain, America, USA, Canada reduced.

A survey by the Vietnam human resources market Job Street conducted recently also shows a information technology sector will increase in the future, especially for the experienced personnel due to the foreign companies are expanding the market to Vietnam.

However, the difference in remuneration between the Nations, the city also cause risk for the brain drain. In Malaysia, Cheah he warned the gap more and far earnings with the countries in the region could affect the aim of increasing the proportion of skilled workers up to 33% by 2015 and 50% by 2020, which aims to turn the country into a high income economy.

Even, the situation worsened when the amount of graduates in information technology is increasingly reduced. Statistics from the Ministry of education of Malaysia said the amount of students taking courses in information technology has fallen from 119,000 inhabitants in 2002 to 80,000 in 2012, the number of graduates also dropped from 53,000 to 19,500.