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A garment factory in Bac Giang province, near Hanoi.   © Reuters
Economy

Asean DataView -- Vietnamese feel better off

Vietnamese rank their financial wellbeing highest among Asean households

| Vietnam

Vietnam's promising economic prospects are reflected not only in the headline figures -- gross domestic product is expected to grow by 6.3 per cent per cent this year, according to the Asian Development Bank -- but also in how households assess their current financial wellbeing.

In the latest quarterly survey of households across Asean, Vietnam scored highest, with 60 per cent of respondents saying household income had improved on a year-on-year basis. Confidence rose the most in Thai Nguyen, a steelmaking and industrial city north of Hanoi.

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