Vietnam at 18th for expat careers

22,000 expats involved in survey by HSBC to identify the best destinations for expat careers in 2019.

Vietnam has climbed eight places to 18th in the world as the best place for a career for expatriates, the Vietnam News Agency quoted HSBC’s Expat Explorer survey as reporting on January 18.

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The survey polled more than 22,000 expats to identify the best destinations in 2019, and many said moving to Vietnam fetches a higher income and helps them save more than they would in their home country.
In Vietnam, 83.6 per cent received benefits as part of their employment package, such as health and medical allowances, an annual trip home or airfare allowance, and an accommodation allowance.
More than half (55 per cent) of expats in Vietnam said their work-life balance is better than at home and 40.3 per cent said the work culture is better. Vietnam is a good place for expats to progress in their career, 47 per cent believe.
Renowned for its efficiency and productivity, Germany topped the rankings in 2018, going one better than in the previous two years.
It has the second-best working culture in the world, while almost three quarters (73 per cent) highlighted job security as a major perk of working there.
It was also rated the most productive workplace in the world. But, interestingly, this productivity was well balanced, with a good proportion of expats saying they had seen a positive impact on their work-life balance and it was better than at home (71 per cent).
Bahrain’s potential for sky-high earnings was central to its storming up the rankings by 10 places to second.
Another country with a strong surge up the rankings was the UK, which rose six places to third, with expats lauding the country as a great place to learn new skills (66 per cent).
Working abroad anywhere can make you more adaptable (61 per cent) and more confident (58 per cent), the survey found.

Source: Vietnam Economic Times