This is Ho Chi Minh City
Ho Chi Minh City is the largest city in Vietnam. The town center is located about the banks in the Saigon River, 37 miles (60 kilometers) from the South China Sea and 1,094 miles (1,760 kilometers) south of Hanoi, the funding of Vietnam.
In the last decade, Vietnam has become improving its legal infrastructure, banking systems and overall economic and social environment. On January 11, 2007, the united states took over as 150th an affiliate the entire world Trade Organization. Today, the neighborhood business community is as serious about the nation's growth and future potential as foreign investors are. Actually, foreign direct purchase of Vietnam is expected to arrive at US $15 billion in 2008, which is over double from your same period in 2007.
Ho Chi Minh City may be the financial hub of Vietnam with 300,000 businesses in industries such as technology, electronics and construction. It's a fast-paced city which is rapidly expanding in the relation to its its industry and its particular population. The city's vibrant culture and historical ambiance—combined by having an optimistic workforce (many of which have no direct memories in the war with America that ended in 1975) -have catapulted the town into one of the fastest growing economies in Asia.
The metropolitan area, featuring its the town center and surrounding towns, hosts more than 9 million people, so that it is the most important metropolitan area in Vietnam and Indochina. Walking over the streets of Ho Chi Minh, one gets a feeling of present day mixed with traditional Asian ambiance.
The neighborhood language is Vietnamese but English is spoken everywhere you go. All foreign restaurants have English-speaking staff and many taxi drivers speak somewhat English. The street and store signs are in Vietnamese. Learning a minimum of just a little Vietnamese will make life easier and efforts for this will be appreciated with the locals.
All foreign visitors necessary to get yourself a Visa. A foreigner who comes to live and work in Vietnam usually obtains a visa through their sponsoring organization. To get a three- or six-month work visa, a passport with an invitation or assignment letter will have to be produced. The passport having a relevant visa is the most important document for any foreigner in Vietnam. It is suggested that all visitors register with their local Consulate or Embassy upon arrival in Ho Chi Minh City.
The local currency is Vietnam dong (VND). The dong is available in notes and coins, starting from 200 to 500,000 VND. You need to take US dollars into Vietnam and exchange it upon arrival. $ $ $ $ may be used and changed although dong is among the most commonly-used type of payment for everyday purchases such as groceries. Larger establishments accept 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 really easy to open. Most banks are open Monday through Friday from 8am to 3pm. There are automatic teller machines (ATMs) available around the clock around Ho Chi Minh City.
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