Activity

Ho Chi Minh City is the largest city in Vietnam. The location center is situated on 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 main city of Vietnam.

Within the last decade, Vietnam has become improving its legal infrastructure, banking systems and overall economic and social environment. On January 11, 2007, the nation became the 150th member of the entire world Trade Organization. Today, a nearby world of business is really as serious about the nation’s growth and future potential as foreign investors are. In reality, foreign direct acquisition of Vietnam is required to achieve US $15 billion in 2008, that’s greater than double from your same period in 2007.

Ho Chi Minh City will be the financial hub of Vietnam with over 300,000 businesses in industries such as technology, electronics and construction. It’s a fast-paced city which is growing in relation to its industry as well as population. The city’s vibrant culture and historical ambiance–combined having an optimistic workforce (most of which don’t have any direct memories from the war with America that resulted in 1975) -have catapulted town into among the fastest growing economies in Asia.

The metropolitan area, featuring its the city center and surrounding towns, houses more than 9 million people, making it the largest metropolitan area in Vietnam and Indochina. Walking through the streets of Ho Chi Minh, one gets a a sense present day combined with traditional Asian ambiance.

The neighborhood language is Vietnamese but English is spoken just about everywhere. All foreign restaurants have English-speaking staff and many taxi drivers speak a bit English. The road and store signs have been in Vietnamese. Learning at the very least a little Vietnamese is likely to make life easier and efforts to do so will probably be appreciated with the locals.

All foreign visitors necessary to get yourself a Visa. A foreigner who concerns live and are employed in Vietnam usually obtains a visa through his / her sponsoring organization. For the three- or six-month work visa, a passport and an invitation or assignment letter must be produced. The passport which has a relevant visa is an essential document for any foreigner in Vietnam. Our recommendation is that all visitors register using 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. Make sure you take US dollars into Vietnam and exchange it upon arrival. Cash may be used and altered although dong is the most commonly-used type of payment for everyday purchases such as groceries. Larger establishments accept bank cards but they will levy a 3-5% fee. Smaller local markets only accept cash.

There are many 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 around the clock all around Ho Chi Minh City.

More details about

nha pho phuc an city check our new web portal.