Cost of Living

Vietnam

Vietnam's Inflation Looks Tame. Households Are Finding It Harder to Save

Vietnam's headline inflation sits below target. But rent, food and school fees are rising much faster than the average, and some families now save almost nothing each month.

Aerial view of Hanoi's Old Quarter rooftops, with dense tube houses foregrounded against newer high-rises — a visual of the urbanization pressure behind the city's housing cost squeeze

Life

Hanoi's 100-Bowls-of-Pho Minimum Wage: The ILO's Case for a Living-Wage Reform

Hanoi's Region 1 minimum wage — VND 5.31 million a month — buys about 100 bowls of pho. The calculation comes from an ILO advocacy argument, not a Big Mac-style index. The real point is the gap between Vietnam's minimum wage and what it actually costs to live.

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