Money Matters - Getting A Bank Account
Once you've secured a job, it’s essential to open a bank account to manage your hard-earned income.
To set up a bank account, you will need a work permit, a residence permit, a work contract, a local phone number, and a small initial deposit in Vietnamese Dong (VND).
Photo: vnexpress.net
Your employer will typically assist you throughout this process and provide detailed instructions on the necessary steps. Vietcombank continues to be a widely recognized choice for expats, as they offer English-speaking staff to help with banking needs.
Following your initial deposit, you will not be able to add more funds to your account independently; only your employer can transfer wages directly into your account. Transferring money out of your account to send back home is generally straightforward. Although the process can be a bit complex, with all necessary documents at hand, your funds should reach your home account within two weeks.
Getting Started as a Fresh Expat (Fresh-pat) in Saigon
Vietnam's busiest hub has become a hotspot for expats over the past decade. And who could blame them? It's a magnificent place to live.
"Welcome to My Crib" - Finding Accommodation
Arguably one of the most stressful things about moving to a new country is finding the perfect home. But there's no stress here!
"Show Me the Money" - Finding a Job in Saigon
Unless you speak Vietnamese, the job pool for foreigners in Saigon is limited.
