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 10/10
Belarus, Vietnam expect US$500 million bilateral trade Vietnam and Belarus will hold a Vietnam-Belarus Business Forum to boost trade exchange towards the US$500 two-way trade target in the future, has said Vladimir Andreichenko, Chairman of the House of Representatives of the National Assembly of Belarus. On October 9, National Assembly (NA) Nguyen Thi Kim Ngan met with Vladimir Andreichenko, Chairman of the House of Representatives of the National Assembly of Belarus on the sidelines of the third Meeting of Speakers of Eurasian Countries’ Parliaments (MSEAP 3) in Antalya, Turkey. At the meeting, the Vietnamese NA leader assured Vietnam’s high regard for the development of traditional friendship and all-around cooperation with Belarus, noting that regular meetings between parliamentarians of Vietnam and Belarus indicate the sound and traditional friendship between the two nations as well as two legislatures. She also thanked Belarusian leaders for dispatching a … [Read more...] about Government News 10/10