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Hanoi named most expensive city in Vietnam last year

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(VOVWORLD) - Hanoi was the most expensive place to reside in Vietnam in 2022, according to a recent report the Cost of Living Index, published by the General Statistics Office. Quang Ninh ranked second, followed by Ho Chi Minh City, Da Nang and Ba Ria-Vung Tau. 

Hanoi named most expensive city in Vietnam last year - ảnh 1A resident buys food in a supermarket in Hanoi. (Photo: VNA)

Quang Tri province was found to be the locality with the lowest Spatial Cost of Living Index  last year.

The Red River Delta retained its position as the most expensive region in the country, with the Northern Midland and Mountainous region and Southeast region following closely behind.

Explaining the living cost difference between the Southeast region and the Red River Delta region, the report said the abundant supply of goods in the former, which is the country’s leading industrial centre with the largest number of industrial and processing zones, helped to bring down the cost of living here compared to the latter.

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