Understanding Vietnamese Life Partner - Page 491

shysaint · #**7351** 20-07-2010, 11:58 AM

Quote:

Originally Posted by KangTuo

Just sharing...

My galfriend was NOT asked to go office even though she declared as prohibited from entering Sillypore before.

Officer just look at passport, check their system and don't even ask question.

Hope this is not a one time kind of things...
Actually during her last trip here, an officer comment to me that her record is clean now

Bro KT ....

Then it will be good for her and you. Guess you have a peace of mind now ... at least not worrying too much on her entry.

Cheers Pal ..

lovesprout · #**7352** 20-07-2010, 03:39 PM

Any bros have fixed deposit in Vietnam Dong? Which bank offers the highest interest rate? I opened a bank account at Sacombank, the interest rate is around 11%. I also heard some banks offer 12.5% for 1 year fixed deposit.

I want to use the interest to help a girl there.

KangTuo · #**7353** 20-07-2010, 04:52 PM

Quote:

Originally Posted by lovesprout

Any bros have fixed deposit in Vietnam Dong? Which bank offers the highest interest rate?

Banking matters... make me think of a bro who went MIA.
I hope Mooncracker is still lurking in the forum and help you answer your question

naemlo · #**7354** 20-07-2010, 05:51 PM

Quote:

Originally Posted by lovesprout

I also heard some banks offer 12.5% for 1 year fixed deposit.

I want to use the interest to help a girl there.

I am curiously, if u intend to deposit for a year, how can the interest help your ger??? 1 year later then withdraw??

lovesprout · #**7355** 20-07-2010, 06:55 PM

Quote:

Originally Posted by naemlo

I am curiously, if u intend to deposit for a year, how can the interest help your ger??? 1 year later then withdraw??

In fact, I am thinking fixed deposit with a 1-month term and auto-renewal. The monthly interest will go to her account so she has stable monthly income. This is more like a long-term plan for me.

Hurricane88 · #**7356** 20-07-2010, 06:56 PM

Quote:

Originally Posted by lovesprout

In fact, I am thinking fixed deposit with a 1-month term and auto-renewal. The monthly interest will go to her account so she has stable monthly income. This is more like a long-term plan for me.

bro...how much you intend to deposit?...actually how much you need per month?

lovesprout · #**7357** 20-07-2010, 08:02 PM

Quote:

Originally Posted by Hurricane88

bro...how much you intend to deposit?...actually how much you need per month?

I want to deposit SGD 20,000. If the annual interest rate is 12%, then every month she will get SGD 200 automatically. Close to her current monthly salary.

naemlo · #**7358** 20-07-2010, 09:37 PM

Quote:

Originally Posted by lovesprout

In fact, I am thinking fixed deposit with a 1-month term and auto-renewal. The monthly interest will go to her account so she has stable monthly income. This is more like a long-term plan for me.

Which bank is offering this 1 mth fixed deposit and interest of abt 12% per mth? Assume u put in 10000, so per mth I can withdraw the 12% interest while maintaining the 10000 in the bank?

I dun mind looking at it. Currently my SCB is giving me only annual 6% for my VND current account and 0% for my USD current account.

Hurricane88 · #**7359** 21-07-2010, 12:28 AM

Quote:

Originally Posted by lovesprout

I want to deposit SGD 20,000. If the annual interest rate is 12%, then every month she will get SGD 200 automatically. Close to her current monthly salary.

Bro...just chiong less by half month...you should saved this amount for her...I was like you wanted to do so...ultimately gave up because foreigner cannot own bank account...need joint local name...she can withdraw the full 20k...

jackbl · #**7360** 21-07-2010, 01:51 AM

Quote:

Originally Posted by Hurricane88

Bro...just chiong less by half month...you should saved this amount for her...I was like you wanted to do so...ultimately gave up because foreigner cannot own bank account...need joint local name...she can withdraw the full 20k...

Thanks for the advice. Every month got interest and then the last month, withdrew everything out by her, then everything is gone

Yes, chiong less, go less KS, open less 1 liquor will be abe to save abt $200

naemlo · #**7361** 21-07-2010, 01:59 AM

Quote:

Originally Posted by Hurricane88

need joint local name...she can withdraw the full 20k...

The last checked with SCB vietnam, foreigner joint name with vietnam gers, u must prove that the couple is married. I did not check with other bank.

lovesprout · #**7362** 21-07-2010, 07:59 AM

Quote:

Originally Posted by naemlo

Which bank is offering this 1 mth fixed deposit and interest of abt 12% per mth? Assume u put in 10000, so per mth I can withdraw the 12% interest while maintaining the 10000 in the bank?

12% is the annual interest. It means that every month you get 1% interest on the principal. My girl told me farmer's bank offers 12% interest, but I haven't confirmed that yet.

Quote:

Originally Posted by Hurricane88

Bro...just chiong less by half month...you should saved this amount for her...I was like you wanted to do so...ultimately gave up because foreigner cannot own bank account...need joint local name...she can withdraw the full 20k...

It is different. If the bank pays her every month. She will feel more secure. Because she knows the money is there and she doesn't need to look your face.

Who says foreigner cannot own bank account?

I just opened one last month at SCB in HCM. I only showed them my passport. I also gave them foreign address and foreign phone number. It is OK.

happy000 · #**7363** 21-07-2010, 09:30 AM

Have you taken into account the depreciation of the currency. You could end up with a smaller capital . As an example if they devalue the currency by another 15 percent you would end up with SGD17,000

Quote:

Originally Posted by lovesprout

I want to deposit SGD 20,000. If the annual interest rate is 12%, then every month she will get SGD 200 automatically. Close to her current monthly salary.

Hurricane88 · #**7364** 21-07-2010, 10:17 AM

Quote:

Originally Posted by lovesprout

Who says foreigner cannot own bank account?

I just opened one last month at SCB in HCM. I only showed them my passport. I also gave them foreign address and foreign phone number. It is OK.

Give me the bank branch and officer there...I better check it out...I have friend working in Sacombank and tell me I can't open without a local name joint...I walk in ACB oso same thing 2 years ago...

lovesprout · #**7365** 21-07-2010, 01:29 PM

Quote:

Originally Posted by happy000

Have you taken into account the depreciation of the currency. You could end up with a smaller capital . As an example if they devalue the currency by another 15 percent you would end up with SGD17,000

Yes. I also considered it. But maybe VND appreciates 15% then I end up with a capital gain of SGD 3000

I know this is very unlikely since VND has a tendency to depreciate in the past 30 years, but who knows? Anything can happen, right?

Quote:

Originally Posted by Hurricane88

Give me the bank branch and officer there...I better check it out...I have friend working in Sacombank and tell me I can't open without a local name joint...I walk in ACB oso same thing 2 years ago...

This is the one I went to:

Sacombank
Chi Nhanh Sai Gon
211-213-215 Pham Ngu Lao
Quan 1, TP HCM