It ranks 48th out of 68 economies, whittled down from 95, in the 2019 International Executives Mobility Study that lists the best places for expats to settle down and do business compiled by US business magazine CEOWorld.

Vietnam scored 65 out of 100 to rank above neighbors such as the Philippines, Indonesia, China, and Malaysia.

The survey, released on Thursday, interviewed more than 100,000 business expats and 7,000 international industry recruiters in 95 countries and territories before coming up with the final list of 68 best places.

The survey, done between April and September this year, was based on six metrics: career opportunities, earning potential, quality of life, ease of family relocation, ease of raising families, and ease of settling in.

Spain tops the list followed by Singapore and Switzerland.