83% of foreigners optimistic about life in Vietnam

HSBC research shows that 83% of foreigners in Vietnam feel optimistic about life in the country in the next 12 months.

HSBC has just released the "14th Expat Explorer Study" - a global survey of more than 20,000 people living and working abroad - showing that nearly two-thirds (65%) of foreign experts feel optimistic about the future within the next year despite the unpredictable fluctuations in the past 18 months.

Particularly in Vietnam, the percentage of optimistic foreign experts accounted for 83%, equivalent to New Zealand and Australia, just behind Taiwan (China) (85%). In addition, 51% of foreign experts in Vietnam said that the local community has been more supportive of each other since the outbreak of the pandemic. This rate is also higher than the world average of 46%.

Overall, Vietnam ranks 5th in the Asia-Pacific region for the best places to live and work in 2021 for foreign experts. Globally, Vietnam rises 3 places, to 19th.

Mr. Tim Evans, General Director of HSBC Vietnam, assessed that optimism is spreading more and more because of the faster progress of vaccination, which means that life will soon return to normal. In Vietnam, that also means strong economic growth again. "As a foreign professional living and working in Vietnam, I don't want to move anywhere else in the current special period," he said.

In the context that the world is constantly experiencing changes because of the pandemic, HSBC's research shows that countries that maintain stability are ranked high. The pandemic has not dampened the desire of professionals to continue living and working abroad, most of whom intend to stay where they are in the near future. 80% plan to continue living in the current country for at least another year, only about 7% plan to move.