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  • Yen Bai

Viet Nam named among top ten best locations for expats

VGP – Viet Nam has ranked 10th among the best locations worldwide for expats, according to the Expat Insider 2021 survey.

May 19, 2021 3:57 PM GMT+7

Viet Nam comes in first in the Personal Finance Index among the Asian Tiger Cubs, including Indonesia, Malaysia, the Philippines, Thailand and Viet Nam.

With more than 12,000 respondents, it is one of the most extensive surveys about living and working abroad, sharing insight into expat life in 59 destinations.

This is the seventh successive year Viet Nam appears in the top 10 of the ranking. 

Viet Nam comes in first in the Personal Finance Index, with 90 percent of expats that feel that their disposable household income is enough or more than enough to cover daily life expenses, according to the survey. 

The Asian Tiger Cubs, including Indonesia, Malaysia, the Philippines, Thailand and Viet Nam, also perform very well in the Cost of Living Index, with Viet Nam (first) and Malaysia (second) ranking in the top three. 

More than 80 percent of expats in both destinations are satisfied with the cost of living compared to the other three destinations, where this factor was regarded favorably by still above-average shares of 64-70 percent of expats.

Viet Nam ranks first in both the Personal Finance and Cost of Living Indices. When asked what they like most about their life abroad, multiple expats in Viet Nam answer with “the cost of living”. 

Viet Nam also does well in the Working Abroad Index (ninth), with the vast majority of expats (86 percent) expressing overall job satisfaction. The nation places first worldwide for this factor and fourth in the Career Prospects & Satisfaction subcategory. 

Placing 25th in the Ease of Settling In Index, Viet Nam does especially well in the Finding Friends subcategory (ninth). According to 63 percent of expats, making local friends is easy and 67 percent find it easy to make new friends in general. 

Despite its great performance in the overall ranking, Viet Nam ends up among the bottom 10 in the Quality of Life Index (53rd). Meanwhile, the majority of expats in Viet Nam (85 percent) is still generally happy with their life. 

By Thuy Dung