Vietnam's Expats - Highest Disposable Income

Vietnam is the most affordable place for expats to live and save money, but the quality of life is lower than in their home country, says new survey by global bank, HSBC.
Vietnam's Expats - Highest Disposable Income
By Carli Allan
Do your children attend a Vietnam school? Take our survey and help other parents.
WhichSchoolAdvisor's annual school survey.
LET'S GO

Vietnam is one of the top 20 places to live and work as an expat, according to HSBC’s annual Expat Explorer Survey. But, while it’s rated first in terms of disposable income and savings, Vietnam ranks low for quality of expat life.

The survey, which was completed by more than 22,000 expats worldwide, looks at topics including personal finance, work-life balance, and the overall cost of raising children. As well as being listed in three league tables – Economics, Experience and Family – countries are given an overall global ranking.

Vietnam is ranked 19th in the world, which is a rise of four places from 2017. It is 10th in the league table for economics, 17th for experience, and 26th for family.

According to the report, expats are drawn to Vietnam by the culture and the low cost of living. The country is ranked first in terms of disposable income and savings, and it is placed 10th worldwide in terms of economic confidence. However, 25% of expats said organising their finances in Vietnam was difficult during their early experience as an expat. This figure rose to 29% for expats earning more than USD 200,000 a year.

Expat families give Vietnam a low score for quality of life, childcare and healthcare – and it is ranked 29th for the quality of education. There is a growing number of international schools in Vietnam, all of which are less than 30 years old; global school groups such as Nord Anglia and Cognita have opened campuses in Hanoi and Ho Chi Minh City as more expats move to the country.

Looking for more information about how to get a place at an international school in Vietnam? Click here.

Singapore was named the best place in the world for expats to live and work for the fourth year running; New Zealand, Germany, Canada and Bahrain were named as the next best expat destinations in the league’s top five. In other parts of Asia, Malaysia jumped 10 places from 2017 to be ranked 15th, Hong Kong was 17th, and Thailand was 21st.

Comments
Latest Vietnam articles
Best School

Cool School Libraries from Around the World

International school libraries look very different today. The rows of long tables, antiqu…

Courses & Curricula

International Schools in the UAE

Many parents will know that private school choices in the UAE are dominated by Indian, Br…

Choosing A School

Which UK Schools Do Royals Attend?

News that the future queen of Spain will be attending a remote Welsh school known as the …

Courses & Curricula

IB Exams "Cancelled For All UK Students"

The International Baccalaureate Organisation (IBO) has cancelled all IB exams in the UK. …

Courses & Curricula

To be Scrapped? Future Of GCSEs Reviewed

A major consultation has been launched by the exam board Pearson today (February 15)…

Courses & Curricula

Cambridge IGCSEs Go Ahead In Some Countries

International exams will still go ahead this summer for some IGCSE and A Level students.…

Admissions

How to Apply to a UK School Internationally?

Looking for a UK school for your child from 2021 or beyond? Choosing a school in an unfam…

Courses & Curricula

IBO 'Dual Route Model' for May 2021 exams

A day after the UK's Pearson organisation announced that its Edexcel Board examinations …

0 Schools Selected
keyboard_arrow_down keyboard_arrow_up
Your selection Clear All