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Old 25-07-2011, 11:45 PM
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Re: Understanding Vietnamese Life Partner

Quote:
Originally Posted by SingViet View Post
Many singaporeans think that retiring in Vietnam is the `choice', but how true is it? In the big cities, you cannot buy a proper house on a normal district for less than 250K USD and you cannot use your name to register for house ownership, unless its under the company's name. Even a condo is way above 200K USD for a small unit. Daily necessities is also not much cheaper with sky rocketing inflation.

The province may be a better choice, but not the province city, more towards the deep deep part of province. These places are without proper sanitation, no proper tap water, lots of mosquitoes and insects. Same also, cannot register foreign name for land, got to register under local's name. Local can trust? I seriously doubt so. 150K to 200K SGD is not `big money' in Vietnam if there are no other income stream coming in, it will be depleted very fast too. Btw, many singaporeans think doing business in VN is damm simple, throw in 10K SGD and you will have lots of money coming in. This is simply a dream not true. I talked to a few singaporeans before, they all claimed doing business in VN is simple and big money. So i asked them what makes them think so , all claimed their friends told them. So i asked them again if they have personally started a business in VN and run the business, all said NO. The thing is simple, which friend will tell you its tough to earn money? all want face.
this is really a true advise and come from a person who really know the shit that most sg people dont know.Is only bro like u who already been through all this when sg people dont even know where is vietnam that those bro ought to listen to