Welcome to the nation ranked the 5th happiest on Earth. Is it the drop-dead gorgeous beaches, islands and mountain-scapes that make people smile? Is it the free wi-fi everywhere? Or maybe the lack of any legal drinking age whatsoever? Because Vietnam has all of this, plus a horde of motorcycles (one for every other person), and a friendly work culture that rewards you 3 times your normal wage for working on a holiday.
Vietnam is the 23rd destination on our ’round-the-world video curation tour of work cultures in many nations. We invite you to join us, watch out for us on our social channels (#CultureCoordinates) and let us know what these videos get right-or don’t-about working in different countries.
Emotions may figure into business decisions. Also, drinking…
…stow the hugs but shell out gifts at the end of a meeting
Fast Culture Facts for Vietnam
- 97 million, with a high population density of 291 people per square kilometer. Its largest city, Ho Chi Minh City, has a population of 8.6 million—matching New York City’s.
- 55 million – with a labor force participation rate of 59.2%, slightly less that of the U.S. Women make up 47.7% of the workforce.
- Vietnam’s GDP was $244.9 billion in 2018, the 5th largest in Southeast Asia, and 46st largest economy in the world. Services make up 51 percent of GDP, followed by industry, at 33 percent and agriculture, at around 15 percent.
- Vietnam ranks 87th of 158 nations in terms of gender equality. Women earn about 89% of what men earn for similar work. Vietnam has more than 50 different ethnic minority groups, some of which are integrated into urban areas, but most live in rural and more isolated parts of the country, and as a result live in greater poverty and have less access to education and health resources. Gay marriage is permitted but not legally recognized in Vietnam, although homosexuality is legal. The nation also lacks protections against employment and housing discrimination for LGBTQ people.
OTHER TOUR STOPS