A foreign teacher teaches English in Vietnam.-VNA/VNS Photo The Expat Explorer overall league table ranks each country and territory using a score that summarises expats’ views on economics, experience and family life aspects in their host country. Singapore is rated the best destination for a fourth year in a row followed closely by New Zealand, Germany, Canada and Bahrain. Vietnam stays relatively competitive in the eyes of expats in terms of economic elements. Expats in Vietnam reveal that annually they earn on average US$90,408 with 31 per cent of them seeing an income rise of 25 per cent or above. Vietnam ranks first with nearly three quarters (72 per cent) saying moving to Vietnam helps them save more while 72 per cent also agree they have more disposable income than they did in their home country. Both are higher than the global average (52 per cent for savings and 56 per cent for disposable income). The most common goals of saving are retirement (43 per cent) followed … [Read more...] about Vietnam climbs list of attractive countries for expats: survey
Vietnam expat health insurance
Expats vote Vietnam among best countries to live and work
HSBC’s 11th annual Expat Explorer survey reveals that expats in Vietnam annually earn $90,408 on average, with 31 per cent seeing an income rise of 25 per cent and above. Vietnam, accordingly, ranks in the first place in the world with nearly three quarters (72 per cent) saying moving to Vietnam helped them save more, while 72 per cent also agree that they have more disposable income than they did in their home country. Both proportions are higher than the global average (52 per cent for savings and 56 per cent for disposable income). The survey was conducted in the form of an online questionnaire, with the participation of 22,318 expats from 163 countries and territories. The most popular purpose of their saving or investment is still retirement (43 per cent), followed by buying the first/next property (30 per cent). Nevertheless, when it comes to property ownership, one-fourth (26 per cent) of expats own property in Vietnam, while the global average is 36 per cent. Expats … [Read more...] about Expats vote Vietnam among best countries to live and work
Vietnam 19th best country in the world for expats: HSBC survey
With an average annual income of $90,408, nine out of 10 expats said in Vietnam they are as happy as or happier than at home, according to the 11th annual Expat Explorer issued by HSBC on Wednesday. Foreigners enjoy working in Vietnam for many benefits: 55 percent of respondents said they take more holidays, 41 percent live in a better home and 39 percent have more household staff compared to their home country. Fifty-seven percent said their employment contracts include an annual allowance to fly home or to another place, higher than the global average of 17 percent. Forty-two percent get an accommodation allowance while the global average is 18 percent, and 73 percent receive health and medical allowances compared to 43 percent elsewhere. Vietnam ranks first in the world with 72 percent saying moving to Vietnam helps them save more and 72 percent also saying they have more disposable income than they did in their home country. Both are higher than the global average: 52 percent … [Read more...] about Vietnam 19th best country in the world for expats: HSBC survey
Vietnam considered promising host country for expats: HSBC survey
Vietnam considered promising host country for expats: HSBC surveyBy Minh Tam A foreign director of a manpower company, which opened its representative office in HCMC in May 2018, speaks at an event held by the company – PHOTO: TUONG VI HCMC – Vietnam ranks second among six surveyed ASEAN countries and 19th globally as a country where expats are eager to live and work in the 11th annual Expat Explorer survey by Hongkong and Shanghai Banking Corporation (HSBC). Expats in Vietnam revealed that they earn on average US$90,408 annually, with 31% of them seeing an income rise of 25% or more, according to the survey released today, November 7. Vietnam ranks first globally with nearly three quarters (72%) of respondents stating that moving to Vietnam helped them save more, while 72% also agreed that they now have more disposable income than they did in their home countries. The most popular purpose for their savings or investments is still retirement (43%), followed by … [Read more...] about Vietnam considered promising host country for expats: HSBC survey
Government News 27/7
NA Vice Chairman wraps up US visit NA Vice Chairman Do Ba Ty (R) meets US friends who have supported Vietnam in its past struggle for national liberation and current nation building cause The Vietnamese National Assembly (NA) will continue providing support for Vietnam’s overseas representative offices, affirmed NA Vice Chairman Do Ba Ty while talking to Vietnamese officials who are working in New York. Ty asked Vietnamese representative offices to update and study the host country’s commercial policies to submit appropriate response to the legislature. He met officials of the Vietnamese permanent mission to the United Nations and Vietnam’s representative offices, as well as correspondents of Vietnam News Agency and Vietnam Television in New York during his working visit to the city from July 26-27. Meeting several US friends, Ty recalled important milestones in the relations between Vietnam and the US. US friends, in turn, made proposals helping Vietnam carry … [Read more...] about Government News 27/7