Home > Salary > Vietnam > Value Engineering Manager
A Value Engineering Manager is responsible for maximizing the value of a product or service by identifying and implementing cost-saving measures without compromising quality or functionality. They analyze the design, production, and operational processes to identify areas of improvement and develop strategies to reduce costs, increase efficiency, and enhance overall value. This involves collaborating with cross-functional teams, such as engineers, designers, and procurement, to identify cost drivers and implement value engineering techniques. The Value Engineering Manager conducts cost analysis, feasibility studies, and risk assessments to evaluate proposed changes and ensure they align with organizational goals and objectives. They also monitor and track the performance of value engineering initiatives, provide recommendations for continuous improvement, and communicate findings and results to stakeholders.
Estimated Yearly Salary: 213,183,282 VND
Estimated Monthly Salary: 17,765,274 VND
Estimated Weekly Salary: 4,099,679 VND per week
Estimated Hourly Salary: 102,492 VND per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 17,230,111 VND
Estimated Weekly Salary: 3,976,179 VND per week
Estimated Hourly Salary: 99,404 VND per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 8,471 USD
Estimated Monthly Salary: 706 USD
Estimated Weekly Salary: 163 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 213,183,282 VND
Estimated Monthly Salary: 17,765,274 VND
Estimated Weekly Salary: 4,099,679 VND per week
Estimated Hourly Salary: 102,492 VND per hour
By working as Value Engineering Manager a person can save up to 546 USD per month or 6,546 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Vietnam, see costs of living in Vietnam.
Estimated Yearly Salary for Value Engineering Manager
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Value Engineering Manager salary in Vietnam
Average Yearly Salary of Value Engineering Manager in Vietnam is approximately 213,183,282 VND (8,471 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Value Engineering Manager do?
A Value Engineering Manager is responsible for maximizing the value of a product or service by identifying and implementing cost-saving measures without compromising quality or functionality. They analyze the design, production, and operational processes to identify areas of improvement and develop strategies to reduce costs, increase efficiency, and enhance overall value. This involves collaborating with cross-functional teams, such as engineers, designers, and procurement, to identify cost drivers and implement value engineering techniques. The Value Engineering Manager conducts cost analysis, feasibility studies, and risk assessments to evaluate proposed changes and ensure they align with organizational goals and objectives. They also monitor and track the performance of value engineering initiatives, provide recommendations for continuous improvement, and communicate findings and results to stakeholders.
Skills: Value Engineering, Cost Reduction, Process Improvement, Cross-functional Collaboration, Cost Analysis, Continuous Improvement
Job industry: Construction
Job industry: Construction
How much does Value Engineering Manager make?
Salary details
How much does Value Engineering Manager make?Estimated Yearly Salary: 213,183,282 VND
Estimated Monthly Salary: 17,765,274 VND
Estimated Weekly Salary: 4,099,679 VND per week
Estimated Hourly Salary: 102,492 VND per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 206,761,330 VNDEstimated Monthly Salary: 17,230,111 VND
Estimated Weekly Salary: 3,976,179 VND per week
Estimated Hourly Salary: 99,404 VND per hour
Last revision of data: 2024-01-05Value Engineering Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 8,471 USD
Estimated Monthly Salary: 706 USD
Estimated Weekly Salary: 163 USD per week
Estimated Hourly Salary: 4 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Vietnam, located in Southeast Asia, is a vibrant and culturally rich country. With a population of approximately 97 million people, it is the 15th most populous country in the world. Covering an area of around 331,212 square kilometers, Vietnam is roughly the size of Germany.
Estimated national average yearly salary is 93,056,060 VND (4,010 USD). Value indicated is pre-tax. Below graph shows estimated Value Engineering Manager job salary compared to average salary in Vietnam.
Comparison shows that a person working as Value Engineering Manager in Vietnam earns on average:
2.29 times the average salary (or 229% of average salary).
Estimated national average yearly salary is 93,056,060 VND (4,010 USD). Value indicated is pre-tax. Below graph shows estimated Value Engineering Manager job salary compared to average salary in Vietnam.
Comparison shows that a person working as Value Engineering Manager in Vietnam earns on average:
2.29 times the average salary (or 229% of average salary).
Is Value Engineering Manager a well paid job?
Yes, our data show that Value Engineering Manager is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Value Engineering Manager?
High salary for Value Engineering Manager would be somewhere between 234,501,610 VND and 309,115,759 VND. However this is an estimation based on Gaussian Distribution.How much can you save working as Value Engineering Manager in Vietnam?
Living in Vietnam the approximate monthly expenses are: 160 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 213,183,282 VND
Estimated Monthly Salary: 17,765,274 VND
Estimated Weekly Salary: 4,099,679 VND per week
Estimated Hourly Salary: 102,492 VND per hour
By working as Value Engineering Manager a person can save up to 546 USD per month or 6,546 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Vietnam, see costs of living in Vietnam.
Salary comparison to region and neighbouring coutries
Country's neighbours are: China, Laos, Cambodia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Value Engineering Manager
China is 27,006 USD
Cambodia is 3,576 USD
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Vietnam
(1,060,162,317 VND per year, pre-tax.)
2. Cardiologist
(882,505,502 VND per year, pre-tax.)
(848,402,543 VND per year, pre-tax.)
4. Neurosurgeon
(826,108,653 VND per year, pre-tax.)
(824,710,642 VND per year, pre-tax.)
6. Urologist
(807,448,368 VND per year, pre-tax.)
(806,831,947 VND per year, pre-tax.)
(806,462,612 VND per year, pre-tax.)
9. Oncologist
(802,962,540 VND per year, pre-tax.)
10. Plastic surgeon
(802,935,962 VND per year, pre-tax.)
Data as of 2025Random salary:
Nursing director (171,373,625 VND per year, pre-tax.)
Director of program management telecommunications (286,534,320 VND per year, pre-tax.)
Diagnostic medical sonographer (96,208,623 VND per year, pre-tax.)
Meat manager (83,422,154 VND per year, pre-tax.)
Mechanical drafter (67,923,962 VND per year, pre-tax.)
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