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How to Relocate to Quy Nhon City, Vietnam Binh Dinh Province

Sun, 10 Sep 2023 13:32:34 GMT

Basic Ground rules to start the process.

How to Relocate to Quy Nhon City, Vietnam:

1. Research and gather information: Start by gathering information about the visa requirements, job opportunities, healthcare services, cost of living, and cultural aspects of living in Vietnam. This will help you make informed decisions and be prepared for the relocation process.

2. Obtain a visa: Determine which type of visa you will need to enter and stay in Vietnam. The most common visa types for long-term stays include tourist visas, work visas, business visas, or investment visas. Visit the official website of the Embassy or Consulate of Vietnam in the United States to learn about the specific requirements and procedures required for your selected visa type. Vietnam portal on Immigration/Vietnam visa - National portal on Immigration

3. Find suitable accommodation: Research and find suitable accommodation in Vietnam that fits your needs and budget. Consider factors such as location, cost, amenities, and proximity to work or essential services. Many expatriates and foreigners prefer to live in major cities like Ho Chi Minh City or Hanoi and now Quy Nhon City, where there are more job opportunities and amenities.

4. Secure a job or income source: Determine if you will need to secure employment in Vietnam or if you have other sources of income to support your stay. If you plan to work in Vietnam, look for job opportunities in your field and start networking with local employers. Ensure that you meet the necessary qualifications and have any required certifications or licenses.

5. Learn the local language: Though English is spoken in many areas of Vietnam, learning the local language, Vietnamese, will greatly enhance your experience and integration into the local community. Consider taking language classes or using language learning apps to familiarize yourself with the language.

6. Manage your finances: Notify your bank and credit card companies about your international move to Vietnam. Set up international banking options or consider opening a local bank account once you arrive in Vietnam. Familiarize yourself with the local currency and make arrangements for transferring funds.

7. Plan your logistics: Make travel arrangements, including booking your flights and arranging transportation to your preferred destination in Vietnam. Plan for any necessary vaccinations or medical check-ups before your departure.

8. Arrange for healthcare and insurance: Research healthcare providers in Vietnam and determine if you need international health insurance coverage. Ensure you understand the healthcare system and have access to medical facilities for any emergencies or routine check-ups.

9. Settle legal matters: Notify the appropriate authorities in the United States of your departure, including the IRS and Social Security Administration, if applicable. Make sure you have all necessary documents, such as your passport, birth certificate, and any required visas, before leaving the United States.

10. Embrace the culture: Upon your arrival in Vietnam, immerse yourself in the local culture and customs. Enroll in cultural orientation programs or join local expat communities to meet like-minded individuals and build a support network. Learn about the local traditions, etiquette, and practices to ensure a smooth transition. Having help on the ground is critical when it comes to operating comfortably in foreign countries. Our contact info is below.

Please note that this information is a general guide and may vary depending on your specific circumstances. It is advisable to consult with the Embassy or Consulate of Vietnam and seek professional advice to ensure a successful relocation experience.

This basic list is a get started info list. For those potential clients who like us to handle all of the due diligence for your specific experience, please feel free to contact us.

Major Gardner, Vietnam Relocation Consultant is in Quy Nhon, Vietnam and available to assist you with up to date, on the ground information about Vietnam. We handle Visa information, Real Estate Services as well as visitor VIP tours of the region you're interested in.

Website: www.QuyNhonOfficial.com

U.S. Phone: +1 866-500-4246

G7 Global Head of Security- International VIP Protection

183:738399533 (G7 Global) — Wed, 27 Jun 2018 11:03:34 GMT

Damien Hurt , CPO

Story By Huynh Tam June 27th 2018
Ho Chi Minh City, Vietnam
http://www,g7asia.com

G7 Global, in a statement today announced it's new International Head of Security. This move states a company representative, will allow G7 Global and it's clients flexibility globally when travel to and from international project destinations. The addition of Mr. Hurt to the G7 Global Team further solidifies G7's capabilities anywhere in the world.

Company Executive who will remain anonymous for security reasons state, that the addition of a G7 Security Team really allows us to do what we do best, in any element in the world. This move along with others will keep pushing the bar for the representation and branding industry. Being able to transport our clients safely and securely anywhere in the world is an awesome statement, the company official states.

On another front, G7 will be announcing a new client roster. The company states that they are scrambling to fill all client request to be represented worldwide. The internet and technology has allowed small companies as well as medium sized companies, to go global. To over state the seriousness of G7's position, the company is also making available the profile of their new head of security. Any inquiries should be addressed to G7 via email or their website contact information.
http://G7 Head of Security Profile:

G7 Global Vietnam-G7 Global Services Canada-G7 Security -G7 Global Entertainment-G7 Global Ho Chi Minh City IT - G7 Information Services Vietnam-Import Export China-Canada Export-Global Transportation-VIP Security Vietnam- VIP Security Cambodia-Realestate Services Ho Chi Minh City, Investments Vietnam, Vietnam Import Export Services

SE ASIA UBER to Sale Stake to GRAB of SE ASIA

Wed, 20 Jun 2018 11:40:57 GMT

Billion Dollar Deals in SE Asia

Uber to sell Southeast Asia business to rival Grab: sources

Anshuman Daga

4 MIN READ

SINGAPORE (Reuters) - Ride-hailing firm Uber Technologies Inc [UBER.UL] has agreed to sell its Southeast Asian business to bigger regional rival Grab, sources with knowledge of the matter said on Sunday, in what would be the U.S. company’s second retreat from Asia.

Uber's logo is pictured at its office in Tokyo, Japan, November 27, 2017. REUTERS/Kim Kyung-Hoon

The deal, which could be announced as early as Monday, marks the industry’s first big consolidation in Southeast Asia, home to about 640 million people, and puts pressure on rivals such as Indonesia’s Go-Jek, backed by Alphabet Inc’s Google and China’s Tencent Holdings Ltd.

As part of the transaction, Uber would get a stake of as much as 30 percent in the combined business, said a source with direct knowledge of the matter who did not want to be identified as the deal is not yet public.

Another source familiar with the deal said Uber would acquire a 25 percent to 30 percent stake in Grab, valuing the entire business at $6 billion, the same valuation it commanded in its most recent capital raising.

Uber and Singapore-based Grab, Southeast Asia’s biggest ride-hailing firm, declined to comment.

Expectations of consolidation in Asia’s fiercely competitive ride-hailing industry were stoked earlier this year when Japan’s SoftBank Group Corp made a multi-billion dollar investment in Uber.

SoftBank is also one of the main investors in several of Uber’s rivals, including Grab, China’s Didi Chuxing, and India’s Ola.

Ride-hailing companies throughout Asia have relied on discounts and promotions to attract both riders and drivers in the fast-growing market, driving down profit margins.

Uber, which is preparing for a potential initial public offering in 2019, lost $4.5 billion last year and is facing fierce competition at home and in Asia, as well as a regulatory crackdown in Europe.

It is also recovering from a year of scandals that saw co-founder Travis Kalanick forced out as chief executive in June amid U.S. criminal inquiries and a workplace marred by sexual harassment allegations.

FILE PHOTO: New hires relax at a lounge area in a Grab office in Singapore September 23, 2016. REUTERS/Edgar Su/File Photo

SoftBank gained two seats on Uber’s board of directors through its investment and has said it wants the company to focus on growing in the United States, Europe, Latin America and Australia, but not in Asia, due to the lack of profitability.

Uber’s CEO Dara Khosrowshahi said at a conference in New York in November that the company’s Asia operations were not going to be “profitable any time soon,” particularly because of how heavily Uber was subsidizing rides there.

“The economics of that market are not what we want them to be,” he said at the time.

Khosrowshahi, who took over the top job at Uber in August, has been working to clean up the company’s financials ahead taking it public.

Still, during a visit to India in February, he pledged to continue investing aggressively in Southeast Asia.

Now that Uber is pulling out of Southeast Asia, attention may turn to the company’s operations in India, which accounts for more than 10 percent of Uber’s trips globally, but is not making money yet.

Uber’s deal with Grab would be similar to the one struck in China in 2016, when a bruising price war ended in Didi Chuxing buying out Uber’s China business in return for a stake in the company.

Grab raised about $2.5 billion last July from Didi, SoftBank and others in a deal valuing the company at around $6 billion. Bloomberg first reported the deal.

Reporting by Anshuman Daga; Additional reporting by Greg Roumeliotis and John McCrank in New York, and Heather Somerville in San Francisco; Editing by Lisa Shumaker and Grant McCool

https://www.reuters.com/article/us-uber-grab/uber-to-sell-southeast-asia-business-to-rival-grab-sour...

SE Asia Opportunities - Wealth Transfer

183:738399533 (G7 Global) — Tue, 19 Jun 2018 18:00:43 GMT

Are you in the know on SE Asia's New Economy?

SPECTATOR MONEY - FEATURES

The awakening of Southeast Asia’s tiger economies

The region is filled with young consumers, ambitious governments – and opportunities for investors

By: Elliot Wilson

Bangkok’s MahaNakhon skyscraper, Thailand’s tallest building

30 September 2017

Cast your mind back 20 years, to a very different world. It’s 1997: Bill Clinton is in his second term, Tony Blair has the keys to No. 10 and Britain has just won the Eurovision Song Contest for the fifth (and very possibly last) time. The West in general is enjoying an era of genuine, golden growth.

Life was also improving in more exotic places. Take Southeast Asia, which spent the 1990s transforming itself from a backpackers’ paradise to an investor’s dream. The region’s ‘Tiger’ economies, led by Malaysia, Thailand and Vietnam, had everything a risk-loving stockpicker needed: oodles of growth, soaring retail spending and (a special boon for investment bankers) companies and governments that were loading up on debt, much of it in US dollars.

Then it all came crashing down. On 2 July 1997, Thailand floated its currency, the baht, triggering the Asian financial crisis. All those expensive borrowings had effectively bankrupted Thailand, and when the baht collapsed, contagion spread across the region. Stock prices slumped and international investors fled, reassigning their capital to the next big thing: dotcom stocks back at home. When fund managers next turned their attention to Asia, several years later, it was to gaze at another marvel of growth creation: China.

Recently though, Southeast Asia (also known as Asean, acronym of the Association of Southeast Asian Nations) has begun to creep back on to investors’ radars for good reason; few parts of the world come close to competing with its growth rates. Indonesia’s economy expanded by 5 per cent in 2016, according to the World Bank; in Vietnam, growth was 6.2 per cent; in the Philippines, 6.9 per cent.

And the demographics are startling, too. The average age of Vietnam’s 92 million population is 30, according to the ever-informative CIA World Factbook . In the Philippines (103 million), it’s just 23.4 years. Compare that with the UK (40.5), or creaky old Germany and Japan (a shade under 47). This matters, because the region is not just young, but hungry for wealth. Vietnam, buzzing after decades of war and economic turbulence, is home to the world’s fastest-growing middle class, projected by the World Bank to make up 33 per cent of the population in 2020, from 20 per cent last year.

Construction of the Nam Tha 1 hydroelectric dam in Laos

It’s a great economy to sell into and to manufacture from, with wage rates half the level of China. ‘There’s nowhere like Vietnam: it’s the last great untapped emerging market,’ says Mike Lynch, head of international sales at Saigon Securities, the country’s largest retail brokerage.

True, investing in Vietnam can be tricky. The market is opening up fast, but the two main bourses, in Ho Chi Minh City and the capital Hanoi, are thinly traded even by regional standards. Get it right, however, and there’s money to be made. The Vietnam Opportunity Fund, a London-listed fund run by VinaCapital, which invests in large-cap stocks such as Vinamilk and carrier VietJet Air, is up 10.8 per cent since the start of this year, and more than 35 per cent over the past 12 months.

‘India has great growth, and China is still robust, but the changes you’re going to see here… over the next five years, are going to be dramatic,’ says Christopher Fitzwilliam-Lay, managing director at VinaCapital. A key moment should come next year, when the index provider MSCI is likely to include Vietnam for the first time on its Emerging Markets Index watch list, ahead of full inclusion by 2020. When that happens, notes one local banker, ‘investment capital will really start to flow in’.

The Philippines is another interesting case study. Its populist president Rodrigo Duterte certainly isn’t everyone’s cup of tea. But his decision to leave the running of the economy to the experts (notably finance minister Carlos Dominguez) is bearing fruit. A tax-reform bill and infrastructure package aims to boost income across the board, lifting all boats. Growth is tipped by the IMF to come in at 6.8 per cent this year, rising to 7 per cent by 2022.