What is the richest area in Vietnam?

Where do wealthy Vietnamese live?

Rich peeps in Vietnam? Think Thao Dien in District 2, man. It’s like Beverly Hills, but with better pho. Seriously. And District 7’s Phu My Hung? That’s the real deal. Luxury central.

These places are like oases of calm, you know? Across the river from the city center madness. Imagine swapping the daily commute for a scenic boat ride— pure class.

Here’s the lowdown:

• Thao Dien (District 2): Expat central, but the Vietnamese elite are sprinkled in like diamonds on a really expensive cake. Think sprawling villas, private swimming pools, and enough green space to get lost in. Seriously, I’ve been there, it’s nuts. My cousin’s friend’s uncle lives there. Or maybe it was his cousin. Anyway…

• Phu My Hung (District 7): Picture this: planned city, top-notch infrastructure, and an abundance of high-end condos. It’s all very organised, perhaps a tad too organised for my taste, but hey, I’m a chaos kinda guy.

  Luxury is overflowing. It’s insane. Seriously.

Bonus points: Both areas offer international schools, fancy restaurants, and more shopping malls than you can shake a stick at. Honestly, it’s a bit much. It’s like they tried to create the perfect wealthy enclave, and boy, did they succeed. Almost too perfectly. Gives me the creeps, a little.

Where do the rich people live in Vietnam?

Urban areas. Yeah, maybe they live there. I wouldn’t know.

But it’s more than just a place, right? It’s the quiet gated communities. I see them when I drive past, the high walls, the security, keeping everything out. I wonder what it is they’re keeping in.

• Ho Chi Minh City: Expats, returning Vietnamese. They’re building lives, finding their place again.
• Hanoi: It’s different there, older money, more rooted.
• Wealthiest City: I think it is HCM city but they keep moving.

I saw a guy today, his tailored suit, his shining car. Did he ever worry about where his next meal was coming from? I did, back then. Sometimes I still do.

• Middle-class neighborhoods: They exist, sure. Trying to climb. I was there once.
• Feeling rich: I bet it’s nice. I bet it doesn’t solve everything. It feels cold inside, I think.

Is Hanoi the most expensive city in Vietnam?

Hanoi? Most expensive? For five years straight, huh? Well, ain’t that just like Hanoi, always showing off, I tell ya! Think of it like this: Hanoi’s the diva of Vietnamese cities, and she knows it, honey!

Seriously though, the General Statistics Office’s 2023 SCOLI report confirmed it. Hanoi’s the place where your đồng (Vietnamese money) disappears fastest. Faster than free beer at my uncle’s karaoke night.

Why is Hanoi so darn pricey? Hmm, few reasons, I reckon.

• Rent: Finding a place to crash that doesn’t cost an arm and a leg, plus your firstborn? Good luck, buddy! It’s like trying to find a vegetarian at a barbeque.
• Food and Drink: Street food’s cheap-ish. But fancy restaurants? You might as well just hand over your wallet.
• Services: Getting a haircut? Dry cleaning? Expect to pay more than in, say, Can Tho, or my grandma’s village!
• Stuff: Imports, yeah, they got ’em, but the price? Ouch! It’s like buying a designer handbag at a flea market!

So, yeah. Hanoi is pricey. No surprises there! Now I remember why I stick to instant noodles sometimes! I still love it, though. I mean, it’s got charm. And pho. Can’t forget the pho. I love pho. Mmmm.

How much is considered wealthy in Vietnam?

Wealth in Vietnam…it’s a strange thing to think about late at night. Million dollars sounds like a lot.

I keep thinking about my aunt. She works so hard. Does she even know about these numbers? Probably not.

19,419 people in 2020 with over a million dollars… so much struggle for everyone else. Millionaires represent a small fraction of the population.

• HNWIs (High-Net-Worth Individuals): Over $1 million in net worth. Primary residence included.
• Year: 2020
• Number in Vietnam: 19,419.

I wonder what they do. It’s always the same, isn’t it? Wondering about the lives of people I’ll never know. And what they feel? Or don’t. Ugh, wish I had that kinda money… just to help out.