Hà Nội officially named the most expensive city in Việt Nam

Hà Nội has surpassed Hồ Chí Minh City to become Việt Nam’s capital of expenses, as new statistics found its costs of living are up to 22 percent higher than other cities’.

Figures from the General Statistics Office released Friday showed that Hà Nội is the most expensive city, based on prices of nearly 1,600 products and services between 2012 and 2014.

A9BHTB Young woman on motor scooter buying vegetables from street vendor at Ngo Sy Lien St market, Dong Da, Hanoi, Viet Nam. Image shot 2004. Exact date unknown.

Young woman on motor scooter buying vegetables from street vendor in Hà Nội

Hồ Chí Minh City came second, although the city is the most expensive when it comes to education services, which are more than 70 percent above Hà Nội’s.

The southern metropolis was the most expensive place in the country until 2012.

Some say the city’s efforts to keep prices of food and clothing stable have worked.

Consumer prices in northern mountainous provinces including Điện Biên and Sơn La have been going up, even though they are the poorest places in the country.

Transport costs in these provinces are between 2 to 8 percent higher than those in Hà Nội.

The Mekong Delta, with ample natural resources, has become cheaper recently and is now more affordable than the Red River Delta.

Prices in Cần Thơ, the center of the southern delta, are the lowest compared among Việt Nam’s top-tier cities, which include Đà Nẵng, Hải Phòng and Huế.

Source: Thanh Niên News

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s