Where do millionaires live in Vietnam?

Millionaires in Vietnam primarily reside in luxurious, high-security, and exclusive gated communities in Ho Chi Minh City and Hanoi, with popular areas including Thao Dien, Vinhomes Golden River, and Ciputra International City. These elite, often riverfront, neighborhoods feature expansive mansions, high-end amenities, and are hubs for both local and expat tycoons.

Where do rich people live in Vietnam?

In Saigon, typically in more modern or exclusive areas including: the areas of Thao Dien, Thu Thiem, Diamond Island and Sala park in Thu Duc/D2. Phu My Hung and the vicinity of Crescent Mall and SC Vivocity in District 7. the riverside in Binh Thanh including Saigon Pearl, The Manor, Golden River, City Garden.

What is the wealthiest city in Vietnam?

Ho Chi Minh City is commonly referred to as the economic center of Vietnam, and in 2022 the city's GDP was $59.5 billion, which accounted for 22 percent of the national GDP.

Are there any millionaires in Vietnam?

A report published in 2024 by South Africa's New World Wealth and Switzerland's Henley & Partners showed that Vietnam had 19,400 millionaires with a net worth of over $1 million each and 58 centi-millionaires with assets exceeding $100 million each.

What is the most expensive district in Vietnam?

Welcome to Millionaires Row. This is probably the most expensive neighborhood in all of Dana and Vietnam and the reason they call it Millionaires Row because every house you see around me is worth tens of millions of dollars. Nothing in this neighborhood is sold for under a million dollars.

This is how the RICH live in Vietnam 🇻🇳

Who is the wealthiest person in Vietnam?

Pham Nhat Vuong

Vuong, 57, is the richest man in Vietnam with a net worth of $29.2 billion as at Jan. 12, 2026, ranking him 77th in the world, according to Forbes' real-time billionaire list.

Where is the rich area in Ho Chi Minh?

District 7 – “South Saigon New Town“

Therefore, District 7 is also known as the “wealthy district” due to its abundance of modern urban developments, with an area four times that of District 4, spanning 35.76 km2, District 7 borders well-known districts such as District 2, District 4, and District 8.

What's considered wealthy in Vietnam?

In particular, there has been a steady increase in Vietnamese high-net-worth individuals (HNIs) and ultra-high-net-worth individuals (UHNIs). Specifically, the benchmark for HNIs is accumulating a net worth of over USD 1 million. In contrast, the benchmark for UHNIs is having a net worth of over USD 30 million.

How much is a house in Vietnam in USD?

The property cost in Vietnam depends on the type, area, number of rooms, proximity to the sea, and city. Premium properties on the first line are more expensive. A house in the suburbs can be purchased for $100,000. In Hanoi, villas are offered at a price of $500,000 and above.

Where do most expats live in Vietnam?

Where do most expats live in Vietnam? As a first time expat in Vietnam, you will probably want to stay close to the two major metropolitan areas – Hanoi (population 5 million) in the North, and Ho Chi Minh City (Saigon; population 9 million) in the South.

What is the richest female name in Vietnam?

Vietnam's Budget Airline Founder Is Southeast Asia's Only Woman Billionaire. Nguyen Thi Phuong Thao, CEO of VietJet Air, has an estimated net worth of $1.2 billion.

Is $1000 USD a good salary in Vietnam?

To answer this question, yes, $1000/month is a strong income in Vietnam, especially for the locals. The average salary in Vietnam is approximately $320 per month, so if you earn $1000, you are earning in the top 10-15%. Let's look at what $1000/month can afford: Housing (1-bedroom apartment in city centre): $300-500.

What is the downside of living in Vietnam?

Among the problems when living in Vietnam that a foreigner might face, the language barrier muts be at the top of the list. Only a few Vietnamese people know foreign languages, including international languages ​​such as “English”, but foreigners can try learning some basic sentences to help them get around easily.

Who is the most respected person in Vietnam?

Ho Chi Minh – The Man Behind Vietnam's Independence Ho Chi Minh (born Nguyễn Sinh Cung in 1890) is widely recognized as one of the most influential leaders in Vietnam's history. He was not only the founding father of modern Vietnam but also a symbol of resilience, independence, and national unity.

Can UK citizens retire to Vietnam?

You can retire in Vietnam once you meet the following criteria: You are officially retired in your home country. You have valid health insurance. You are financially independent and can support yourself and your family during your allowed stay in Vietnam.

Is Thailand cheaper or Vietnam?

Vietnam is slightly cheaper for stays and food, while Thailand is cheaper for flights. Overall, they balance out.

How long will $100,000 last in Vietnam?

🇻🇳 Vietnam – 6.3 years 3. 🇲🇽 Mexico – 5.8 years 4. 🇵🇹 Portugal – 4.3 years 5. 🇪🇸 Spain – 4.0 years 6.

Is Vietnam a poor country, yes or no?

According to news from the World Bank: Vietnam 🇻🇳🇻🇳 is a development miracle. In just nearly 30 years, Vietnam has reduced the extreme poverty rate from 50% of the population (1992) to less than 1% of the population (2024).

What is the wealthiest part of Vietnam?

Hanoi residents earn the highest average income

In 2024, Ho Chi Minh City leads the country in budget revenue, collecting over 681.9 trillion VND (about 26.9 billion USD), which accounts for nearly 31% of the national total.

Is there a red district in Ho Chi Minh?

Like many major cities around the world, Ho Chi Minh City has vibrant Red Light Districts. These areas feature various businesses, including massage parlors, karaoke venues, dimly lit cafes, bars, and pubs that offer “sexy dance” performances.

Which city is richer, Hanoi or Ho Chi Minh?

Economics Landscape of Hanoi, Ho Chi Minh City and Da Nang

In 2023, Ha Noi led the country in terms of economic output, with a GRDP of 69 billion USD, contributing to 16% of national GDP[9]. This is closely followed by Ho Chi Minh City, with a GRDP of 65 billion USD, exceeding 15% of Vietnam's total GDP[10].

What is the most liveable city in Vietnam?

From being known as Vietnam's “Most Livable City”, Da Nang is striving to become the country's new hub for international integration, with ambitions for comprehensive economic, cultural and diplomatic growth that reaches across the region.