Ho Chi Minh City will be the largest city in Vietnam. The location center is found on the banks of the Saigon River, 37 miles (60 kilometers) from your South China Sea and 1,094 miles (1,760 kilometers) south of Hanoi, the main city of Vietnam.
In the last decade, Vietnam has become improving its legal infrastructure, banking systems and overall social and economic environment. On January 11, 2007, the nation took over as the 150th an affiliate the planet Trade Organization. Today, the local corporate environment can be as excited about the nation's growth and future potential as foreign investors are. The truth is, foreign direct investment in Vietnam is anticipated to succeed in US $15 billion in 2008, that is greater than double through the same period in 2007.
Ho Chi Minh City may be the financial hub of Vietnam with over 300,000 businesses in industries such as technology, electronics and construction. It is a fast-paced city which is expanding as well in the relation to its its industry and it is population. The city's vibrant culture and historical ambiance--combined by having an optimistic workforce (many of which haven't any direct memories with the war with America that ended in 1975) -have catapulted the town into one of the fastest growing economies in Asia.
The metropolitan area, because of its town center and surrounding towns, hosts a lot more than 9 million people, which makes it the most important metropolitan area in Vietnam and Indochina. Walking from the streets of Ho Chi Minh, one turns into a sense of the current mixed with traditional Asian ambiance.
The area language is Vietnamese but English is spoken everywhere you go. All foreign restaurants have English-speaking staff and quite a few taxi drivers speak a little English. The street and store signs come in Vietnamese. Learning at the very least a bit Vietnamese can make life easier and efforts for this will be appreciated through the locals.
All foreign guests are required to obtain a Visa. A foreigner who relates to live and operate in Vietnam usually obtains a visa through her or his sponsoring organization. For the three- or six-month work visa, a passport plus an invitation or assignment letter will need to be produced. The passport having a relevant visa is the central document for a foreigner in Vietnam. It is recommended that all visitors register using local Consulate or Embassy upon arrival in Ho Chi Minh City.
A nearby currency is Vietnam dong (VND). The dong is available in notes and coins, including 200 to 500,000 VND. It is advisable to take $ $ $ $ into Vietnam and exchange it upon arrival. Cash can be used and changed although dong is regarded as the commonly-used form of payment for everyday purchases such as groceries. Larger establishments accept cards nonetheless they will levy a 3-5% charge. Smaller local markets only accept cash.
There are numerous foreign banks in Ho Chi Minh City and accounts are really easy to open. Most banks are open Monday through Friday from 8am to 3pm. There are automatic teller machines (ATMs) available night and day all around Ho Chi Minh City.
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