The Standard of Living in Vietnam is Rising
Vietnam is rapidly changing with remarkable speed. Many areas of the farmland change to be industrial parks and urban areas in the last few years. Many of the older people have lived through times of incredible hardship and famine on a scale that is often not fully appreciated in the Red River Delta and Mekong Delta, and the areas near Ho Chi Minh City. Now economic prosperity is spreading, but there remain big differences between rural areas and the big cities. The gaps between the rich and the poor are getting larger. In some of the more remote regions, there are still people who are struggling for having enough food to eat. However, as more areas open to tourism, this introduces change and the opportunity for improved living standards.
Vietnam Living Standard in Big Cities
In cities such as Hanoi or Ho Chi Minh City, monthly salaries are increasing steadily – although not yet in line with equivalent western cities they are steadily getting there. “Storming Price” is mentioned everywhere as the Gasoline price keeps increasing very rapidly. This is accelerating with the new prosperity, foreign trade relations, and rapidly rising standards of education in major centers.