HCMC has jumped three places from last year to 6th while Hanoi has slipped one place to 8th in the Cost of Living Index 2019 formulated by Numbeo, the world’s largest database of user contributed data about cities and countries worldwide. The company says that its survey has taken into account several factors including house rents, cost of eating out, and purchasing power needed to live a comfortable life to come with a cost of living index for 20 major cities in Southeast Asia. In this year’s index, HCMC scored 38.39 points, slightly lower than Hanoi (38.93), meaning that the cost of living in Saigon is a little less than in the capital city. Davao in the Philippines was the lowest-cost city in the region, followed by Indonesia’s Bandung. The top five most expensive cities in Southeast Asia are Singapore, Bangkok (Thailand), Yangon (Myanmar), Phuket (Thailand) and Phnom Penh (Cambodia). Price of Travel, a travel cost database, in 2017 ranked Saigon the world’s … [Read more...] about Saigon, Hanoi among top 10 affordable cities in Southeast Asia
10 largest cities in the world
VietNamNet Bridge - Hanoi ranks eighth in TripAdvisor’s Top 10 destinations on the rise in the world, which was released early this week. Hoan Kiem Lake, Hanoi. The spots were selected based on data collected from millions of TripAdvisor user searches and reviews. These were the places that have seen the “greatest increase in positive traveler feedback and traveler interest.” The list includes Havana (Cuba), La Fortuna de San Carlos (Costa Rica), Kathmandu (Nepal), Jerusalem (Israel), Cusco (Peru), Ambergris Caye (Belize), Sapporo (Japan), Hanoi (Vietnam), Corralejo (Spain) and Fortaleza (Brazil). Hanoi is one of the three Asian cities in the list, ranking behinds Nepal's Kathmandu and Japan’s Sapporo. TripAdvisor described Hanoi as follows: “The charming Vietnamese capital has aged well, preserving the Old Quarter, monuments and colonial architecture, while making room for modern developments alongside. Hanoi may have shrugged off several former … [Read more...] about Hanoi is named in Top 10 Destinations on the Rise in the World
VietNamNet Bridge – Vietnam has become the name that many countries in the world will consider when they look for reliable partners to implement software development projects. The 16th grade has been given to HCM City, while the 23rd to Hanoi. Meanwhile, in the report of Gartner, also a consultancy firm, Vietnam is always among the top 30 leading countries in the world and top 10 leading countries in Asia Pacific in outsourcing and services. In September 2013, the US Software Magazine added Vietnamese FPT Software into the list of the world’s 500 biggest software service providers. With the turnover of $81.5 million and the 30.4 percent growth rate in 2012, FPT Software is the first Vietnamese firm found in the list. Prior to that, in 2012, FPT Software won the international award “top 100 global service providers” given by Global Services, an Indian media firm and NeoGroup, an US consultancy firm. Meanwhile, another Vietnamese firm, TMA Solutions, has … [Read more...] about Vietnam gets in-grade promotion in the world’s software map
VietNamNet Bridge – Vietnam is believed to be a powerhouse in global footwear production, largely due to a number of multilateral and bilateral free trade agreements (FTAs), but many enterprises do not believe so. Many foreign footwear companies are moving to Vietnam. Scott Thomas from the US-based Wolverine Worldwide said the enterprise is considering moving its production chains out of China, where high inflation and high minimum wages have led to higher production costs. It is moving to Vietnam because of lower production costs. Ever Rite International, also from the US, completed the relocation of its last factory to Vietnam by September 2013. Oliver Ng, a senior executive of Ever Rite International, noted that the company can see favorable conditions in Vietnam which may allow it to minimize production costs, including the stable dong/dollar exchange rate, low minimum wage, young population and high productivity. According to Lefaso, foreign investors continue to flock to … [Read more...] about Will Vietnam become the world’s footwear production base?
VietNamNet Bridge - Business Insider website has released a list of nine amazing caves, including Vietnam's Son Doong Cave. Son Doong Cave, Vietnam Son Doong cave is located in Quang Binh province, Vietnam and is currently known as the largest cave in the world. It is said that the cave was discovered in 1991 by a local man named Ho Khanh, but nobody dared to explore it until 2009, when the British cavers ventured inside. Son Doong is 200 meters wide, 150 meters high, and about 9 kilometers long. The beauty of this cave is enhanced by its vegetation, derived from the collapse of a roof in one of the caverns. The surreal landscapes convinced the BBC news that Hang Son Doong is one of the most fascinating caves in the world. And the pictures speak for themselves. The entrance in Hang Son Doong … [Read more...] about Son Doong among top 9 wonderful caves in the world