Hanoi

With so much to do and see, it's no surprise that Hanoi is a popular tourist destination.

2. What is the city like overall? What's the city like on average - to live in or to be near, work or travel? Hanoi is a metropolis that offers everything that you would expect of a major capital. It is filled with bustling commercial activity, interesting museums and historical landmarks, diverse cuisine, and virtually any kind of accommodation you could ask for. However, it remains both a charming cultural city and a colonial town, due to the presence of old French buildings, temples, pagodas, and monuments scattered all over the city. Therefore, Hanoi was awarded with the UNESCO Cultural Heritage Award in 2010 for preserving the historic and cultural character of the Old Quarter and its alleyways.

Cost of living in Hanoi If you’ve heard tales of Vietnam being a cheap place to eat and explore, it is because the cost of living here is fairly low. The starting salary for a teacher in Vietnam can reach around US$70 per month, however this will vary depending on where you work and your experience. As for rent, you should be able to get a bed in a hostel or shared room for anywhere between US$5 – 10 per night. Upscale restaurants range from US$1 – 4 per main course, while street food can range from 50 cents – 1 dollar.

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Languages, Culture and Customs The Vietnamese language is a tonal language that takes a little bit of practice to learn. There are many dialects spoken in Vietnam, but standard Vietnamese (Hanoi and Ho Chi Minh City dialects) is considered the official language. Vietnamese culture is still largely influenced by Buddhism, Confucianism and Taoism, as well as French culture. There are a few quite distinct regional differences. The northern Vietnamese do not share much with their southern neighbors. In the north, people value increasing the family wealth and believe it is tradition to marry off one's daughters before turning 40. They also like to sit together to eat on the floor at low tables made of wood or

This data suggests that the government's plan of shifting the economy away from manufacturing and creating a real estate market could be having unintended consequences. While it may be good for creating some jobs in the construction sector, people are losing their jobs as factories close and it forces low-income families out of their homes and into the rental market, which will ultimately increase poverty by upwards of 150,000 households by 2021. This data suggests that the government's plan of shifting the economy away from manufacturing and creating a real estate market could be having unintended consequences. Rising Rents Rental prices in Hanoi have been shooting up. In March, rents for large apartments increased from VND 5 million ($230) per month

For up-to-date information on living costs, check out the Numbeo Cost of Living for Hanoi, Vietnam. Housing in Hanoi The cost of renting housing in Hanoi also varies depending on your location, apartment amenities and size, and length of rental contract. For example, a one-bedroom apartment in the city center can be rented anywhere from $300 to $1,000 per month, depending on the level of luxury you are looking for. Outside of the Old Quarter and in the surrounding suburbs, the cost of living is significantly lower than it is in the city center. However, the suburbs are often further away from most public transportation options and public amenities. Learn

While $500 per month will get you by, living on a more modest budget will allow you to save more money towards travel. If you are planning on staying longer in Hanoi, one year should be your minimum amount of time. While other expats may make enough money to feed themselves and their family, many will not be able to afford the down payment for a deposit to rent an apartment. Be sure to consider all expenses incurred when working out your budget, particularly if you are planning to have children. Even if you have an income of only $500 per month, you can become financially independent in just three years. Line 211-2177 Nguyen Ba Huan (Ma May) Ho Chi Minh Development

Top Industries in Hanoi The service industry is one of the most important factors for investors. Hanoi offers excellent returns for service-oriented companies, with an unemployment rate under 2%. Additionally, a free trade agreement with China provides promising export opportunities. The manufacturing industry has also been thriving lately, with a recent surge in foreign investments and a growing middle class. Specializing in textiles, shoes, and electrical appliances, Hanoi's manufacturers are quickly catching up to the capital in terms of efficiency and quality. Hanoi's top industries include: Service: more than 50% of Vietnam's GDP was produced by the service sector in 2012. Manufacturing: a free trade agreement with China

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