How is quality of life in Vietnam compared to other Southeast Asian countries? (2024)
According to the report on the quality of life index of the world’s leading business and trade magazine CEOWORLD (USA), the quality of life of Vietnam reached 78.49 points, this number is higher than many countries in the world.
The country’s quality of life index was analyzed by CEOWORLD and compared 165 countries with 10 main categories. Some of those items are the cost of living, political-economic stability, working environment, income equality, education system, health system, etc. The quality of life index is calculated on a scale of 100 points.
CEOWORLD selected 165 countries that contribute the most to the world’s GDP to rank the quality of life index.
According to the latest data of CEOWORLD, Finland is the country with the best quality of life in the world with a quality of life index of 99.06 points. Meanwhile, Denmark (98.13 points), Norway (96.75 points) ranked 2nd and 3rd.
The remaining countries in the top 10 countries with the highest quality of life index in the world are Belgium (96.53 points), Sweden (96.15 points), Switzerland (94.4 points), the Netherlands. (93.69 points), France (92.08 points), Germany (91.26 points) and Japan (91.23 points).
Besides, ranked in the last position of the ranking are Comoros (33.19 points), North Korea (32.41 points), Montserrat (32.06 points), Sudan (31.67 points) and Syria (31.55 points).
Among the countries in Southeast Asia, only Singapore is in the top 20 countries with the best quality of life in the world.
Quality of life index of Southeast Asian countries in 2021. Source: CEOWORD.
Vietnam’s quality of life index in 2021 is 78.49 points, holding the position of 62/165 countries on the ranking of the world’s best quality of life index of CEOWORD. Compared to 2021, Vietnam ranks 101/171 countries in the world, so Vietnam’s rank has increased by 39 places after 1 year.
Meanwhile, when comparing the quality of life index of countries in Southeast Asia, leading the countries with the highest quality of life index is Singapore with 87.64 points, followed by Thailand with 82.69 points. Countries with a higher quality of life index than Vietnam are Singapore, Thailand, Philippines, Malaysia, Brunei and Indonesia.
Some of the countries with the quality of life index after Vietnam are Myanmar, Cambodia and East Timor.
In terms of world rankings, Singapore, Thailand, Philippines, Malaysia, Brunei, Indonesia, Myanmar, Cambodia and East Timor are ranked 19, 38, 39, 41, 49, 58, 101, 111,149/165, respectively.
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As an expert in global quality of life indices and socioeconomic analysis, I bring a wealth of knowledge and understanding to dissect the information provided in the article. My expertise is grounded in a comprehensive grasp of the factors influencing a nation's quality of life, drawing on extensive research and analysis.
Firstly, the report on the quality of life index by CEOWORLD is a testament to the magazine's commitment to assessing and comparing global living standards. The index, calculated on a scale of 100 points, comprises 10 main categories, including the cost of living, political-economic stability, working environment, income equality, education system, and health system. These categories offer a holistic view of a country's well-being and contribute to the overall quality of life score.
In the specific context of Vietnam, the country achieved a quality of life index of 78.49 points, surpassing many nations globally. Notably, the rankings are derived from a comparison of 165 countries, emphasizing those with significant contributions to the world's GDP. The rise in Vietnam's rank from 101st to 62nd within a year signifies notable improvements in various aspects of its quality of life.
The global leaders in quality of life, according to CEOWORLD, include Finland (99.06 points), Denmark (98.13 points), and Norway (96.75 points). These nations excel in providing favorable conditions across the evaluated categories.
In Southeast Asia, Singapore stands out as the leader in quality of life, securing the 19th position globally with an index of 87.64 points. Thailand follows closely with 82.69 points. Other Southeast Asian countries with higher quality of life indices than Vietnam include the Philippines, Malaysia, Brunei, and Indonesia.
It's noteworthy that Myanmar, Cambodia, and East Timor trail behind Vietnam in the quality of life rankings. These findings shed light on the varying standards of living within the region.
To conclude, this report by CEOWORLD provides valuable insights into the global quality of life landscape, showcasing Vietnam's commendable improvement and Southeast Asia's diverse standings. The methodology employed by CEOWORLD underscores the importance of a multifaceted approach to evaluating the well-being of nations, taking into account various socioeconomic factors.
How is quality of life in Vietnam compared to other Southeast Asian countries? According to the report on the quality of life index of the world's leading business and trade magazine CEOWORLD (USA), the quality of life of Vietnam reached 78.49 points, this number is higher than many countries in the world.
The main difference is that Vietnam was directly dominated by China on-and-off for more than a thousand years (Chinese domination of Vietnam ). Viet culture was therefore more influenced by Chinese culture than any of its neighbours.
Vietnam ranks 12th among Asian countries with the best quality of life by financial news site Insider Monkey. The rankings consider three metrics: the Human Development Index (HDI), the Economic Freedom Index (EFI), and Government Effectiveness.
Malaysia is ranked among the Asian countries with the Best Quality of life. It reported an HDI of 0.803 as of 2021. According to the World Bank, Malaysia reported a Government Effectiveness rating of 79.25v. The Economic Freedom Index rating of the county is 67.30 as of 2023.
This is also a top concern for those who are considering living in Vietnam as an expat. According to the ranking of the friendliest countries in the world in 2021, Vietnam is ranked 9th out of the top 10 most foreigner-friendly countries in the world. Therefore, Vietnam will be an ideal destination for travelers.
Vietnam is all about hidden gems and historical experiences. Spots like Ha Giang, Phong Nha, and the Mekong Delta give you a taste of adventure that's harder to find in touristy places. Thailand, on the other hand, is famous for its gorgeous islands and bustling cities.
Some elements considered to be unique of Vietnamese culture include ancestor veneration and respect for community and family. Catholicism is also practiced in modern Vietnam.
As can be seen, Vietnam's life expectancy has increased throughout the years, which can be attributed to several factors: Economic and social development: This development aids people in accessing resources and opportunities, so their health outcomes improve, leading to increased life expectancy.
The economy of Vietnam is a developing mixed socialist-oriented market economy. It is the 35th-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living.
Sri Lanka. Sri Lanka is one of the friendliest countries in Asia. It is ranked third on Passport Index's rankings for welcoming countries. The Sri Lankan government offers visa on arrival or electronic travel authorization (eTA) to travelers from 196 countries.
Which Asian Country Is Safest? According to the 2022 Global Peace Index, Singapore is the safest Asian country and it's also one of the safest countries in the world for banking.
Vietnam is much more pleasant for living but it's much harder to live in Vietnam and finding the right job for your skill sets than in capitalistic Thailand. If you can get the same salary in both countries, I would pick Vietnam any day of the week.
Expats with an urge to travel find Vietnam to be a great base country from which to live and travel to other destinations. Affordable airline tickets can be found, and the country is home to several international airports, including Noi Bai International Airport and Tan Son Nhat International Airport.
However, Vietnamese people are very open minded and conscious of cultural differences, so they'll find it interesting that westerners always open their gifts when given. Greetings are no different to western countries, there are no cultural formalities that as a foreigner you would be expected to know or practice.
Vietnam is the birthplace of water puppets, wooden and vibrant creations that take on the roles of actors in traditional plays, but with a unique twist — they perform on water instead of a traditional stage.
Vietnam, unlike many other wars, was not a conflict defined by a series of pitched battles. Prolonged, limited engagement was a frequent occurrence for many American troops, who faced a recurring danger in patrols and search-and-destroy missions.
Vietnam was the first Indochinese country to join ASEAN, and its move helped end confrontation between the Indochinese bloc and ASEAN. Vietnam has also helped ASEAN partner with non-regional players — including China, Russia, India and the EU. Vietnam also led efforts within ASEAN to ensure regional security.
Expert-Verified Answer. if You look at the map of Southeast Asia, you can see that Vietnam is the furthest away from India and also that it is on a coast directed away from India: this makes it likely that the Indian influence did not reach it for geographical reasons.
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