Here you are at Ho Chi Minh City
Ho Chi Minh City will be the largest city in Vietnam. The location center is situated for the banks in the Saigon River, 37 miles (60 kilometers) through the South China Sea and 1,094 miles (1,760 kilometers) south of Hanoi, the capital of Vietnam.
Over the past decade, Vietnam may be improving its legal infrastructure, banking systems and overall social and economic environment. On January 11, 2007, the nation took over as 150th person in the globe Trade Organization. Today, the area world of business can be as serious about the country's growth and future potential as foreign investors are. The truth is, foreign direct acquisition of Vietnam is predicted to achieve US $15 billion in 2008, that's over double in the same period in 2007.
Ho Chi Minh City will be the financial hub of Vietnam with more than 300,000 businesses in industries such as technology, electronics and construction. It's a fast-paced city that is expanding as well both in terms of its industry and its population. The city's vibrant culture and historical ambiance--combined with the optimistic workforce (a few of which don't have any direct memories from the war with America that resulted in 1975) -have catapulted the city into one of several fastest growing economies in Asia.
The metropolitan area, because of its the city center and surrounding towns, hosts over 9 million people, which makes it the largest metropolitan area in Vietnam and Indochina. Walking from the streets of Ho Chi Minh, one gets a a feeling of the present day mixed with traditional Asian ambiance.
The neighborhood language is Vietnamese but English is spoken almost everywhere. All foreign restaurants have English-speaking staff and many taxi drivers speak a little English. The path and store signs will be in Vietnamese. Learning a minimum of a bit Vietnamese will make life easier and efforts to do so is going to be appreciated with the locals.
All foreign readers are required to get yourself a Visa. A foreigner who relates to live and be employed in Vietnam usually obtains a visa through his or her sponsoring organization. To get a three- or six-month work visa, a passport as well as an invitation or assignment letter should 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 making use of their local Consulate or Embassy upon arrival in Ho Chi Minh City.
The area currency is Vietnam dong (VND). The dong is available in notes and coins, which range from 200 to 500,000 VND. You need to take US dollars into Vietnam and exchange it upon arrival. Cash can be used and changed although dong is among the most commonly-used form of payment for everyday purchases for example groceries. Larger establishments accept charge cards however 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 really easy to open. Most banks are open Monday through Friday from 8am to 3pm. You'll find automatic teller machines (ATMs) available night and day throughout Ho Chi Minh City.
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