A foreigner teaches at the ACG International School in Ho Chi Minh City
Vietnam is one of the best destinations for expats in the world, allowing foreigners to improve their financial health and living standards, according to an international survey released on Thursday.
The country ranks 10th in the latest HSBC's Expat Explorer survey, now in its fifth year.
Expats are generally in agreement that Vietnam is on the way up, with over half thinking that the country is getting better.
Two-thirds of expats in Vietnam think that the financial status of their households has improved and over half believe that they have better housing than in their home country.
The survey also found that 70 percent of expats expect to lead a more interesting life in Vietnam and describe the country as a "culturally interesting" place.
Over 5,000 expats from around the world ranked locations in a range of criteria from income, accommodations, healthcare and schooling for their children.
Singapore has topped this year's chart while Thailand, China and Hong Kong also appeared in the top 10.
"Over the past year we've witnessed many events that have affected the global expat population, and we're able to see both the impact of these different events and the subsequent reaction of expats across different regions of the world," said Dean Blackburn, head of HSBC Expat.
"Asia is increasingly coming to the fore as a top destination for both financial opportunity and life experiences," he said, noting that the dominance of Asian countries highlights the fact that the region is fast becoming an all-round top expat destination.
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