Vietnam – an ideal place to live: Italy newspaper

09:02, 07/02/2014

Italy's leading financial daily "The Sun 24 Hours" has described Vietnam as one of the best countries for Italians to live and invest in.

Italy’s leading financial daily “The Sun 24 Hours” has described Vietnam as one of the best countries for Italians to live and invest in.

    This view was mentioned in the newspaper’s long feature.

    The two nations have established a strategic partnership which provides a number of benefits for Italians and specifically allow for Italian retirees to live in Vietnam and receive their full retirement pensions.

    Despite the negative impact of the global economic downturn, Vietnam’s GDP grew by 5.2% in 2013 and its economy is developing well, the newspaper said

     

    Low prices will attract foreign investors while the Government is drafting revised policies, to allow foreigners to buy houses in the country

    The number of international schools in the larger cities of Vietnam are on the rise and are of high quality and safe

    The lower living cost can make Italian people who work at Government agencies or companies retire comfortably in Vietnam.

    Italy now ranks fifth among EU countries in terms of the highest number of tourists to Vietnam.

    Despite two-way trade turnover hitting over US$3 billion in 2013, Italy ranks 32 among foreign investors in Vietnam, the daily concluded.

    (Source:VOV)