Home > Salary > Vietnam > Vendor Risk Manager
A vendor risk manager is responsible for assessing and managing the risks associated with third-party vendors that an organization relies upon. They play a critical role in ensuring that vendors meet the necessary security, compliance, and operational requirements. The vendor risk manager conducts due diligence on potential vendors, evaluates their contracts and agreements, and monitors their performance to identify and mitigate any potential risks.
This occupation requires strong analytical skills, as well as knowledge of risk management principles and industry regulations. Effective communication and negotiation skills are crucial for building relationships with vendors and internal stakeholders. Attention to detail and the ability to prioritize tasks are essential for managing multiple vendor relationships simultaneously. The vendor risk manager must also stay updated on industry trends and best practices to continuously improve the vendor risk management program.
Estimated Yearly Salary: 184,711,088 VND
Estimated Monthly Salary: 15,392,591 VND
Estimated Weekly Salary: 3,552,136 VND per week
Estimated Hourly Salary: 88,803 VND per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,833,410 VND
Estimated Weekly Salary: 3,423,095 VND per week
Estimated Hourly Salary: 85,577 VND per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 7,274 USD
Estimated Monthly Salary: 606 USD
Estimated Weekly Salary: 140 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
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: 184,711,088 VND
Estimated Monthly Salary: 15,392,591 VND
Estimated Weekly Salary: 3,552,136 VND per week
Estimated Hourly Salary: 88,803 VND per hour
By working as Vendor Risk Manager a person can save up to 446 USD per month or 5,349 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 Vendor Risk Manager
Last revision of data: 2025-01-04
Data as of 2025
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Vendor Risk Manager salary in Vietnam
Average Yearly Salary of Vendor Risk Manager in Vietnam is approximately 184,711,088 VND (7,274 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 Vendor Risk Manager do?
A vendor risk manager is responsible for assessing and managing the risks associated with third-party vendors that an organization relies upon. They play a critical role in ensuring that vendors meet the necessary security, compliance, and operational requirements. The vendor risk manager conducts due diligence on potential vendors, evaluates their contracts and agreements, and monitors their performance to identify and mitigate any potential risks.
This occupation requires strong analytical skills, as well as knowledge of risk management principles and industry regulations. Effective communication and negotiation skills are crucial for building relationships with vendors and internal stakeholders. Attention to detail and the ability to prioritize tasks are essential for managing multiple vendor relationships simultaneously. The vendor risk manager must also stay updated on industry trends and best practices to continuously improve the vendor risk management program.
Skills: Vendor risk management, Third-party risk assessment, Compliance management, Contract evaluation, Risk mitigation, Relationship building.
Job industry: Finance
Job industry: Finance
How much does Vendor Risk Manager make?
Salary details
How much does Vendor Risk Manager make?Estimated Yearly Salary: 184,711,088 VND
Estimated Monthly Salary: 15,392,591 VND
Estimated Weekly Salary: 3,552,136 VND per week
Estimated Hourly Salary: 88,803 VND per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 178,000,915 VNDEstimated Monthly Salary: 14,833,410 VND
Estimated Weekly Salary: 3,423,095 VND per week
Estimated Hourly Salary: 85,577 VND per hour
Last revision of data: 2024-01-03Vendor Risk Manager estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 7,274 USD
Estimated Monthly Salary: 606 USD
Estimated Weekly Salary: 140 USD per week
Estimated Hourly Salary: 3 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %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 Vendor Risk Manager job salary compared to average salary in Vietnam.
Comparison shows that a person working as Vendor Risk Manager in Vietnam earns on average:
1.98 times the average salary (or 198% 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 Vendor Risk Manager job salary compared to average salary in Vietnam.
Comparison shows that a person working as Vendor Risk Manager in Vietnam earns on average:
1.98 times the average salary (or 198% of average salary).
Is Vendor Risk Manager a well paid job?
Yes, our data shows that Vendor Risk Manager is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Vendor Risk Manager?
High salary for Vendor Risk Manager would be somewhere between 203,182,197 VND and 267,831,078 VND. However this is an estimation based on Gaussian Distribution.How much can you save working as Vendor Risk 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: 184,711,088 VND
Estimated Monthly Salary: 15,392,591 VND
Estimated Weekly Salary: 3,552,136 VND per week
Estimated Hourly Salary: 88,803 VND per hour
By working as Vendor Risk Manager a person can save up to 446 USD per month or 5,349 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 Vendor Risk Manager
China is 23,422 USD
Cambodia is 3,095 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:
Bi program manager (244,477,133 VND per year, pre-tax.)
Assistant dean of students (university) (159,138,701 VND per year, pre-tax.)
Wealth management associate (78,157,808 VND per year, pre-tax.)
Interactive media buyer planner (102,102,622 VND per year, pre-tax.)
Deputy district attorney (126,617,273 VND per year, pre-tax.)
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optisalary.com aggregates salary information for educational purposes only. While we endeavor to deliver accurate estimates, we do not ensure their full reliability. Users are strongly encouraged to consult additional databases before finalizing career-related decisions. Salary amounts fluctuate based on several factors, such as industry trends, negotiation power, and regional demand. We do not offer any claims as to the validity of the provided data. Your use of this site acknowledges acceptance of this notice.