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Vietnam in Top 10 destinations for expats
Viet Nam was placed at 10th position in the world for luring
foreign workers, according to the HSBC Expat Explorer Economic league table.
The bank surveyed over 5,000 respondents in four continents based on a number of
factors such as earning levels, disposable income and ability to purchase luxury
goods.
The survey shows that as much as 50% of expats in Viet Nam agree that they can
earn more since moving to the country.
Two third of them (63%) think that the financial status of their household has
been improved. Meanwhile, a third of them relate the country with higher
salaries in comparison with other Asian counterparts.
A third of expats found that they have better living opportunities than in their
own countries.
In terms of expat experience, Viet Nam falls into the fourth quartile of the
Expat Experience league tables at 27th.
A third (30%) expected a better quality of life but upon relocation, two in five
(40%) actually found that to be the case.
Almost three quarters (73%) have found that they have developed and been
stretched as individuals, and nearly the same proportion (70%) expected to lead
a more interesting life and associate the country with being a culturally
interesting place (63%).
Despite the difficulty of the local language with three quarters (70%) described
learning it as difficult – expats in Viet Nam still make an effort to learn and
use the language (70%).
Nearly two thirds (63%) associate Viet Nam with friendly locals.
Latest statistics published by the Ministry of Labor, Invalids and Social
Affairs show that as of July, Viet Nam was home to 77,087 expats of whom 49,983
were granted working licenses.
Expats in Viet Nam came from over 60 countries and territories. Around 58% of
them come from Asia including China, Japan and the Republic of Korea; 28.5%
other from the Europe including the UK and France.
Male expats accounted for 89.9% of the total number. Expats over 30 years old
made up 86%.
Source: VietNamNet/VGP |
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