Hit the brakes, sir. Is that cash or credit for the car?
I’m American and my wife is Vietnamese. We’ve decided to buy a car. I’ve never purchased a new one in Asia. We definitely want to buy new. […]
Is a financial advisor needed when deciding to invest?
I moved to Vietnam six months ago, and am on a temporary assignment here until the end of the year. I am paid into my US bank account and, since living […]
Trusts as a financial planning tool
I’m a keen investor who’s been living in Vietnam for six years now. I have a few property investments abroad, and I own a small stock portfolio. I have a son who is six […]
Dear Sven, I have been running a successful diving school in Vietnam for many years now and have a loyal team of employees, most of whom are Vietnamese. I am worried that when they want to retire or are unable […]
I’ve been living in Saigon for a number of years now, and have always been interested in using a bit of my money to buy shares in the Vietnamese stock market. I’ve read that the government will lift the […]
I just moved from Madrid to Saigon to work as a manager at a local manufacturing company. My boss told me that I am responsible for opening my own bank account while I’m here. I’ve noticed that there are […]
How much debt should I have?
Of course the answer is none. But every individual has a unique situation, and there are no definitive answers that can guarantee financial success for everyone. We can use developed countries’ lending rules to limit the amount of money one […]
I have USD5,000 in a bank but it’s just sitting there and not earning interest. What’s the best way for me to invest it? Ideally I would like to double that in six months. Any advice or options?
So you want to double your […]
Is Vietnam considered an emerging market? What is an emerging market anyway?
Back in the early 1980s, from a political “Western” perspective the world was geo-politically divided into three main areas: the first world, mainly Western hemisphere countries – divided by the imaginary line of the Iron […]
Is it a good idea to convert money into dong or leave it as dollars or other currency? And since banks here only insure up to VND50 million is it risky to have a lot of money in the banks here? How can I […]