Vietnam’s capital city of Hanoi has moved up 16 spots on the list of the world’s most liveable cities in 2023, which was carried out by the ECA International.
Real wages have fallen, thanks to a persistently high inflation. We’ll dig deeper into what else the latest Salary Trends Report by ECA International tells us, including the 2024 forecast of real salary increase. Work It's Stanley Leong and Tay Soo Sien pour over the report with Mark Harrison, General Manager for
The survey found that real salary increases in the Asia-Pacific (APAC) region outperformed the rest of the world in 2023. In ASEAN, Vietnam had the highest salary growth of 3.6% in real terms, followed by Thailand at 3.5%.