Ho Chi Minh City could be the largest city in Vietnam. The location center is located about 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 funding of Vietnam.
Within the last decade, Vietnam continues to be improving its legal infrastructure, banking systems and overall social and economic environment. On January 11, 2007, the continent became the 150th an affiliate the globe Trade Organization. Today, the area business community is really as excited about the nation's growth and future potential as foreign investors are. The truth is, foreign direct purchase of Vietnam is expected to achieve US $15 billion in 2008, which can be more than double through the same period in 2007.
Ho Chi Minh City may be the financial hub of Vietnam with 300,000 businesses in industries like technology, electronics and construction. It's a fast-paced city which is growing rapidly in both terms of its industry and it is population. The city's vibrant culture and historical ambiance--combined by having an optimistic workforce (a few of which have no direct memories with the war with America that ended in 1975) -have catapulted town into one of the fastest growing economies in Asia.
The metropolitan area, because of its town center and surrounding towns, houses a lot more than 9 million people, which makes it the greatest metropolitan area in Vietnam and Indochina. Walking with the streets of Ho Chi Minh, one turns into a a feeling of the current blended with traditional Asian ambiance.
The local language is Vietnamese but English is spoken almost everywhere. All foreign restaurants have English-speaking staff and a lot taxi drivers speak a bit English. The road and store signs are in Vietnamese. Learning at least just a little Vietnamese can make life easier and efforts to take action will likely be appreciated from the locals.
All foreign readers are needed to have a Visa. A foreigner who relates to live and operate in Vietnam usually obtains a visa through his or her sponsoring organization. For the three- or six-month work visa, a passport as well as an invitation or assignment letter will need to be produced. The passport with a relevant visa is the most important document to get a foreigner in Vietnam. It is suggested 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 will come in notes and coins, which range from 200 to 500,000 VND. It is advisable to take Greenbacks into Vietnam and exchange it upon arrival. $ $ $ $ works extremely well and altered although dong is easily the most commonly-used way of payment for everyday purchases including groceries. Larger establishments accept bank cards but they will levy a 3-5% fee. Smaller local markets only accept cash.
There are numerous foreign banks in Ho Chi Minh City and accounts are easy to open. Most banks are open Monday through Friday from 8am to 3pm. You will find automatic teller machines (ATMs) available 24 / 7 all around Ho Chi Minh City.