Via non-stop efforts, Vietnam has been improving its international stature, with the latest ranking from InterNations expat network as the second best country in the world to work, make friends, and raise a family in 2019.
|Vietnam ranked second in the top 30 countries and territories in the world to work |
As introduced in its website, the InterNations survey asked more than 20,000 expats from 182 nationalities and living in countries and territories all over the world to collect information on various aspects of expat life, using the responses to rank 64 countries and territories for expat living. Participants were asked to rate up to 48 different factors of living in a new country, including quality of life, ease of settling in, working abroad, family life, personal finance, and cost of living.
For a country to be featured in the ranking, a sample size of at least 75 survey participants per destination was necessary, except in the family life index, where a sample size of at least 40 respondents raising children abroad was required, according to InterNations.
Last year, Vietnam ranked 14th out of 68 destinations. And just a year later, the country improved its position to be the second-best country for expats. Expats expressed happiness with career prospects, with 65 per cent satisfied versus 55 per cent globally, and 74 per cent were happy with their jobs in general (64 per cent globally).
In addition to the high-ranking when it comes to working abroad, Vietnam is also voted as the best destination for personal finance out of the 64, with 81 per cent of expats happy with their financial situation versus 64 per cent worldwide.
75 per cent interviewed expats stated that their disposable household income is more than they need to cover daily costs versus 49 per cent globally.
Another highlight is that living in Vietnam is considered affordable as 86 per cent rated the cost of living here positively. An Australian expat claimed that, “It is a very inexpensive country, and the people are nice and simple,” according to InterNations.
On the other hand, Vietnam lags behind at the 51st position in terms of digital life as for example, just about half the expats find it easy to pay without cash. Another dissatisfying factor is the quality of the environment, which is rated negatively by 57 per cent.
Previously, two months ago, HSBC asked 18,059 expats from 163 regions to pick their favourite places around the world based on living standards, career opportunities, and the ability to raise a family. HSBC also rated Vietnam number tenth in the list.
Along with the positive signs, Vietnam still keeps trying to improve transportation options and available activities around the country.
The top 10 economies on InterNations' list are:
|However, 52 per cent of InterNations' respondents say they have trouble learning the local language, Chinese |