Hanoi and HCMC are among eight most livable Southeast Asian destinations for expats thanks to their unique cultural appeal and robust economic potential, according to a recent ranking.
Hanoi was placed at the seventh place and considered an “underrated” gem in the region for nomads seeking a culturally rich experience, distinct from the more commercialized offerings of cities like Bangkok or Singapore, according to global tax and investment consultancy Nomad Capitalist.
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A coffee shop next to a train track in Hanoi. Photo by Pexels/Nguyen Ngoc Tien |
The capital’s authentic charm and old buildings appeal to those desiring cultural immersion, it added.
HCMC claimed the third position as a popular destination for digital nomads who only need a backpack and a laptop to settle in a city of over nine million citizens.
The city offers affordable products and services with developed shopping, high-rated restaurants and luxurious apartments.
“District 1 has everything a Westerner could want, from fresh Asian food to expat-run hamburger shacks and sky bar nightlife.”
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A bridge in HCMC. Photo by Pexels/Quang Nguyen Vinh |
Both Hanoi and HCMC are among the fast-growing cities in Southeast Asia which reflect the increasing interest in Vietnam as a regional economic powerhouse, it said.
The transition of companies from China to other countries to offset rising costs makes Vietnam an even more ideal place, it added.
“We believe that Vietnam will continue to be one of the most promising frontier markets to invest in.”
Kuala Lumpur topped the list as the best expat destination, praised for its English-speaking population, excellent connectivity, and high quality of life.
Other cities featured in the ranking include Singapore, Bangkok, Manila, Hong Kong, and Bali.
Nomad Capitalist compiled the list based on factors of foreign accessibility, efficiency, variety of available services, lifestyle options, and travel connectivity.
