Vietnam ranked 4th among safest places for retirees in Asia

By VNA July 18, 2023 | 05:39 pm PT

Foreign tourists get off a cruise ship that docks in Ba Ria-Vung Tau Province in southern Vietnam, January 26, 2023. Photo by VnExpress/Hac Minh

Vietnam was placed fourth among the 10 safest places to retire in Asia for less than US$2,000 per month, according to GOBankingRates, a personal finance publication run by Nasdaq.

GOBankingRates said it pulled data from the United Nations Pacific-Asia Region Group, the figures for GDP from World Population Review and for cost of living from Numbeo.

It also took into account the Global Peace Index from the Institute for Economics and Peace Global Peace Index 2022 Report. Countries needed to have a global peace index of fewer than 2.0 to qualify.

The finding showed Vietnam gained its spot for its average monthly cost of living at $1,117 and global peace index ranking at 1.786.

"Vietnam's cost of living index is a low 24, but its GDP is higher than most on the list, at over $462 billion," it said.

Malaysia topped the list, followed by Kuwait and Mongolia. Other nations named were Indonesia, Jordan, Cambodia, Oman, Cyprus, and Nepal.