What makes Vietnam a good investment for tourist businesses?

• Cheap, (usually) literate, plentiful labor

Bus drivers in Saigon

According to the Vietnam Embassy website, 90% of Vietnamese workers are literate. They are raised in a tradition which emphasizes "learning and respect for authority"1

Vietnam has one of the cheapest work forces in the world according to the Relocation Journal & Real Estate News (compare a U.S. office manager's salary of $46,166 U.S. dollars to their Vietnamese counterpart's of $7,209 U.S. dollars)

• Vietnam is an increasingly popular destination because of the inexpensive prices

According to the Lonely Planet website on Vietnam a "budget" tourist can expect to spend about $20 U.S. dollars per day on their visit.

The "midrange" expenditure is about $65. This includes experiences the nightlife, a few taxis and other luxuries.

One of Saigon's more upscale hotels - the Rex at night 2

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