Nha Trang, Vietnam

Where should I setup a bank account in Vietnam?

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CitizenM
CitizenM
CitizenM
CitizenM

We asked expats in Vietnam what banks they use and there advice about banking. They advised...

"1. Before retiring in Vietnam, expats need to be aware that it is important to thoroughly research visa requirements and other legal requirements to move to and stay in the country. 2. Ensure adequate pension and health insurance coverage, as the local public system does not cover expats. 3. Vietnam’s climate is varied and the best time to visit depends on the region. Be mindful of temperature extremes and humid conditions. 4. Renting or buying a home in Vietnam can be expensive, requiring diligent research to find the most suitable housing option. 5. Know the local customs and culture as it is important to build relationships and understand the locals. 6. It is important to gain a basic understanding of the language; most locals in the cities speak some English, while in rural areas, there are fewer English speakers. 7. Understand that Vietnam is a cash-based society, so be sure to have some cash always available," remarked another expat who made the move to Vietnam.

Other Questions:

Where should I setup a bank account in Vietnam?

If you live in Vietnam, newcomers to Vietnam would love to hear your answer to this question.

If your answer relates to a specific city or town in Vietnam, please include the name of the city/town below:


About the Author

Joshua Wood Joshua Wood, LPC is one of the Founders of InternationalTravel.ai and serves as Co-President of Expat Exchange. Prior to Expat Exchange and InternationalTravel.ai, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist. Connect with Joshua on LinkedIn.

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CitizenM
CitizenM

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