Vietnam
Thich Nhat Hanh
Vietnam
Vietnam offers a unique blend of ancient traditions, breathtaking landscapes and vibrant culture. For those seeking a short term destination that promises adventure and a break from the ordinary.
Stunning beaches, lush rice paddies and bustling cities ensure Vietnam caters to a diverse range of travellers. Whether you’re looking to explore ancient temples, trek through the mountains or simply relax on a secluded beach, you’ll find plenty to keep you entertained.
Vietnam’s rapid development has led to increased tourism, which can result in crowded attractions and higher prices but aside from some petty crime in built up areas, the country is generally safe. As with all travel, it’s advisable to be aware of local customs and laws to avoid any misunderstandings but English is widely spoken in developed areas. Citizens of the UK and selected other countries can visit Vietnam visa free for up to 45 days which is making the place a magnet for digital nomad types.
Unfortunately, Vietnams political situation means I couldn’t recommend it for a long term relocation or retirement but if you want to dip in and out for up to 90 days at a time, their e-visa might be a decent way to keep moving while enjoying this low cost of living location.
| 🌎 CONTINENT | ASIA |
|---|---|
| 📌COUNTRY | VIETNAM |
| 👫🏻POPULATION | 98,186,000 |
| 🙏RELIGION | BUDDHISM |
| 💵CURRENCY | VIETNAMESE DONG (VND) |
| 💉C19 VAX REQUIRED | NO |
| 🔌POWER | 220V - 50Hz |
| 💰GDP PER CAPITA | $4,163 PER YEAR |
| ✈️AIRPORT | HO CHI MINH CITY - SGN |
|---|---|
| 🪪 UK VISA FREE | 45 DAYS |
| 🏝️LAND OWNERSHIP | RESTRICTED |
| 🛜AVG INTERNET SPEED | 78 MBPS |
| 💧TAP WATER | NOT SAFE TO DRINK |
| 🏧ATM LIMIT | VARIES BY BANK |
| 💳CASHLESS | INCREASINGLY COMMON |
| 💸TIPPING | DISCRETIONARY |
TAX FRIENDLINESS
Digital Nomad Tax Friendliness: 80/100
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- Vietnam doesn’t have a specific digital nomad visa yet, but offers favorable tax conditions for non residents.
- Non residents are taxed at a flat rate of 20% on Vietnam sourced income only.
- The territorial tax system means income from foreign sources is not taxed for non residents.
Expat Tax Friendliness: 75/100
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- Tax residents (183+ days in Vietnam) are taxed on worldwide income with progressive rates from 5% to 35%.
- Non residents are taxed at a flat 20% rate on Vietnam sourced income only.
- Extensive double taxation agreements help mitigate potential double taxation issues.
Investor Tax Friendliness: 70/100
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- Corporate income tax rate is 20%, which is competitive in the region.
- There are various tax incentives for certain types of investments and industries.
- Capital gains are generally taxed as regular income.
Crypto Tax Friendliness: 85/100
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- Currently, there are no specific taxes imposed on cryptocurrency transactions or earnings in Vietnam.
- Cryptocurrencies are not recognized as legal means of payment, currency, assets or foreign currency.
- The ambiguous classification of cryptocurrencies makes it difficult for the government to tax these entities.
VIETNAM PRICE REFERENCE
VIETNAM HOLIDAY LETS
VISA REQUIREMENTS
Vietnam Tourist Visa Requirements
Note: Visa requirements for Vietnam vary depending on your nationality and the purpose of your visit. Some nationalities may be eligible for visa free entry for a limited period, while others must obtain a visa in advance. Below are the general requirements for a Vietnam tourist visa:
Latest advice for UK Visitors
Essential Documents:
- A valid passport issued within the last 10 years, with at least two blank pages, and valid for at least 6 months beyond your planned stay in Vietnam.
- Completed visa application form.
- Two recent passport-sized photos that meet specific requirements.
- Proof of accommodation (such as a hotel reservation, rental agreement, or invitation from a host).
- Travel itinerary, including flight reservations.
- Proof of sufficient funds to cover your stay in Vietnam (e.g., recent bank statements).
- Visa fee payment.
- Travel insurance is recommended but not mandatory for all nationalities.
Additional Documents (may be required):
- A cover letter explaining the purpose of your visit.
- Proof of employment or studies for students or employed individuals.
- Financial sponsorship documents if someone else is covering your expenses.
- A criminal record certificate may be required in some cases, depending on your nationality or length of stay.
Important:
- Visa requirements and regulations can change, so it’s essential to check the official Vietnamese consulate or embassy website for the most accurate and up-to-date information.
- Visa processing times can vary, so apply well in advance of your intended travel date.
Vietnam Digital Nomad Visa
Vietnam does not have a specific “Digital Nomad Visa” like some other countries. However, Vietnam is increasingly recognizing the potential of attracting digital nomads and remote workers and there are visa options that can be utilized by digital nomads to stay in the country for extended periods.
Overview of New Policies (Effective from 15th August 2023)
- e-Visa: Vietnam now grants e-visas for citizens of all countries and territories allowing a stay duration of up to 90 days with multiple entries.
- Visa Exemption: Citizens of 13 countries enjoying unilateral visa exemption can stay in Vietnam for up to 45 days, regardless of passport type and entry purpose. These countries include Germany, France, Italy, Spain, the UK, Russia, Japan, Republic of Korea, Denmark, Sweden, Norway, Finland, and Belarus.
Vietnam Visa Exemption
Vietnam offers visa exemptions for citizens of the following 25 countries plus Kazakhstan:
- Brunei, Myanmar, Belarus, Denmark, Finland, France, Germany, Italy, Japan, Norway, Russia, South Korea, Spain, Sweden, the UK, the Philippines, Cambodia, Indonesia, Kyrgyzstan, Laos, Malaysia, Singapore, Thailand, Chile, and Panama.
Vietnam Electronic Visa (e-Visa)
From 15th August 2023, Vietnam grants e-visas for citizens of all countries and territories, allowing a stay duration of up to 90 days with multiple entries. This makes it an attractive option for digital nomads and long-term travelers.
Key Points for Digital Nomads:
- e-Visa:
- Duration: Up to 90 days.
- Entry: Multiple entries allowed.
- Application Process: Apply online through the official Vietnam Immigration Department website.
- Required Documents: Valid passport, passport-sized photo, and completed application form.
- Visa Exemption:
- Duration: Up to 45 days for citizens of the 13 countries listed above.
- Eligibility: Check the official list to confirm eligibility.
- Business Visa (DN):
- Duration: Up to 90 days, single or multiple entry.
- Extension: Can be extended for up to 6 months or 1 year in some cases.
- Suitability: Often used by digital nomads and remote workers who need a longer stay. To obtain this visa, you may need a sponsorship letter from a Vietnamese company or organization.
Important Considerations:
- Visa Requirements: Always check the latest visa requirements and regulations, as policies can change.
- Documentation: Ensure you have all necessary documents, including a valid passport, visa application forms, and any required sponsorship letters.
- Extension Process: Be aware of the visa extension process and plan accordingly if you intend to stay longer than the initial visa duration.
- Local Regulations: Familiarize yourself with local laws and regulations regarding work and residence, as working remotely in Vietnam may have specific requirements or restrictions.
Steps to Apply for a Business Visa (DN):
- Sponsorship Letter: Obtain a sponsorship letter from a Vietnamese company or organization. This can sometimes be arranged through co working spaces or local contacts.
- Application Form: Complete the visa application form online or at a Vietnamese embassy or consulate.
- Required Documents: Submit your passport, passport-sized photos, sponsorship letter, and any other required documents.
- Processing Time: The processing time varies, so apply well in advance of your planned trip.
For the most accurate and up to date information on visa requirements and any potential developments regarding a digital nomad visa, always check the official Vietnam Immigration Department website or consult with a local immigration expert.
Vietnam: Quick Take for Retirees
Vietnam is a tempting prospect for retirees, with its rich cultural heritage, stunning landscapes and hyper affordable cost of living. The country offers a blend of modern conveniences and traditional charm, making it an appealing choice for more adventurous retirees.
Overview of Retirement Visas in Vietnam
As of the latest updates, Vietnam does not have a specific retirement visa program like some other countries. However, retirees can explore various long-term visa options that allow them to reside in Vietnam for extended periods. Here are the key options available:
1. Business Visa (DN)
- Duration: Up to 90 days, single or multiple entry.
- Extension: Can be extended for up to 6 months or 1 year in some cases.
- Suitability: Often used by retirees who wish to stay in Vietnam for longer periods. To obtain this visa, you may need a sponsorship letter from a Vietnamese company or organization.
2. Temporary Residence Card (TRC)
- Duration: Up to 5 years, renewable.
- Eligibility: Available to foreigners who have a work permit, are married to a Vietnamese citizen, or have other valid reasons for long-term residence.
3. Permanent Residence Card (PRC)
- Duration: Indefinite, with periodic renewals.
- Eligibility: Available to foreigners who have made significant contributions to Vietnam, have a Vietnamese spouse, or have other valid reasons for permanent residence.
Important Considerations:
- Visa Requirements: Always check the latest visa requirements and regulations, as policies can change.
- Documentation: Ensure you have all necessary documents, including a valid passport, visa application forms, and any required sponsorship letters.
- Extension Process: Be aware of the visa extension process and plan accordingly if you intend to stay longer than the initial visa duration.
- Local Regulations: Familiarize yourself with local laws and regulations regarding long-term residence and retirement benefits.
Additional Tips for Retirees:
- Health Insurance: Consider obtaining comprehensive health insurance that covers medical expenses in Vietnam.
- Financial Planning: Ensure you have a stable source of income or savings to support your retirement in Vietnam.
- Community Integration: Engage with local communities and expat groups to make the most of your retirement experience.
For the most accurate and up to date information on visa requirements and any potential developments regarding retirement visas, always check the official Vietnam Immigration Department website or consult with a local immigration expert.
OTHER NOTES
ARE ID CARDS REQUIRED
Are ID Cards Required in Vietnam?
In Vietnam, identification is an essential aspect of daily life but the requirements and usage of ID cards can vary depending on the context. Here’s a brief overview of whether ID cards are required and how they are used for various activities:
ID Card Requirements
- For Foreigners: Foreigners in Vietnam are typically required to carry their passports or a valid form of identification issued by the Vietnamese authorities, such as a Temporary Residence Card (TRC) or a Permanent Residence Card (PRC). These documents serve as official identification for foreign residents.
- For Locals: Vietnamese citizens are required to have a national ID card (Chứng minh nhân dân) or a citizen identification card (Căn cước công dân). These cards are essential for various official transactions and services.
Usage of ID Cards
- Buying Goods or Food:
- Generally, ID cards are not required for everyday purchases like buying goods or food at local markets, supermarkets or restaurants. Cash or card payments are typically sufficient.
- Renting Property:
- When renting property, both foreigners and locals are usually required to provide identification. Landlords or property agents may ask for a copy of your passport, TRC, PRC or national ID card as part of the rental agreement process.
- Accessing Services:
- Banking: Opening a bank account or conducting financial transactions often requires a valid form of identification.
- Utilities: Setting up utilities like electricity, water and internet services typically requires proof of identity and residence.
- Healthcare: Accessing healthcare services, especially at hospitals or clinics may require presenting your ID card or passport.
- Government Services: Interacting with government agencies, such as applying for visas, residence permits or other official documents always requires valid identification.
- Travel and Transportation:
- For domestic travel, especially by air or train, passengers may need to present their ID cards or passports for verification.
- Renting vehicles such as cars or motorbikes usually requires a valid ID and sometimes a local or international driver’s license.
Important Considerations
- Carry ID: It is advisable to carry a form of identification with you at all times, especially when traveling or engaging in official transactions.
- Copies: Having copies of your ID documents can be useful for various applications and services but always ensure the originals are kept safe.
- Local Laws: Familiarize yourself with local laws and regulations regarding identification requirements to avoid any inconveniences or legal issues.
In summary, while ID cards are not required for everyday purchases they are essential for more significant transactions and services in Vietnam. Always ensure you have the appropriate identification documents to navigate various aspects of life in the country smoothly.
ARE GM FOODS ALLOWED
GM Foods in Vietnam: An Overview
Genetically Modified (GM) foods have been a topic of debate globally and Vietnam is no exception. The country has its own policies and attitudes towards GM foods, which can influence what is available in the market and how these products are regulated. Here’s a brief overview of the status and usage of GM foods in Vietnam:
Regulation of GM Foods
- Government Policy: The Vietnamese government has taken a cautious approach to GM foods. The Ministry of Agriculture and Rural Development (MARD) and the Ministry of Health (MOH) are the primary regulatory bodies overseeing the import, cultivation, and sale of GM products.
- Labeling Requirements: Vietnam has implemented labeling requirements for GM foods. Products containing GM ingredients must be clearly labeled to inform consumers about their content. This transparency allows consumers to make informed choices about what they eat.
Availability and Usage
- Market Presence:
- GM foods are present in the Vietnamese market but their availability is not as widespread as in some other countries. Common GM products include soybeans, corn and cottonseed oil which are often used in processed foods.
- Imported GM foods are subject to strict regulations and must undergo safety assessments before they can be sold in the market.
- Cultivation:
- The cultivation of GM crops in Vietnam is limited and tightly controlled. The government has approved the cultivation of certain GM crops, such as Bt cotton, which is resistant to pests. However, the approval process for new GM crops is rigorous and involves extensive safety and environmental impact assessments.
- Consumer Attitudes:
- Public opinion on GM foods in Vietnam is mixed. Some consumers are wary of GM products due to concerns about potential health risks and environmental impacts. Others see the benefits of GM crops in terms of increased yields and reduced pesticide use.
- Education and awareness campaigns by the government and non governmental organizations aim to provide consumers with accurate information about GM foods, helping them make informed decisions.
Important Considerations
- Safety Assessments: The Vietnamese government conducts thorough safety assessments of GM foods before they are approved for import or cultivation. These assessments include evaluations of potential health risks and environmental impacts.
- Consumer Choice: The labeling requirements for GM foods allow consumers to make informed choices. Those who prefer to avoid GM products can opt for non GM alternatives, which are widely available in the market.
- Environmental Impact: The cultivation of GM crops is closely monitored to minimize any potential negative impacts on the environment. The government aims to balance the benefits of GM technology with the need to protect biodiversity and ecosystems.
TRESPASSING - RIGHT TO ROAM
Trespassing, Right to Roam, and Wild Camping in Vietnam: An Overview
Understanding the laws and customs related to trespassing, the right to roam and wild camping are crucial for a safe and respectful experience in Vietnam.
Trespassing
- Legal Framework: Trespassing is generally considered illegal in Vietnam. Entering private property without the owner’s consent can lead to legal consequences, including fines or even arrest.
- Private Property: Vietnam has a strong tradition of private property rights and unauthorized entry onto private land is taken seriously. Always seek permission from the landowner before entering private property.
- Signage: Look for signs indicating private property or restricted areas. Respect these boundaries to avoid any legal issues.
Right to Roam
- Concept: The right to roam, also known as “freedom to roam” or “everyman’s right,” allows individuals to access and enjoy natural areas, including private lands for recreational purposes. This concept is not widely recognized or legally protected in Vietnam.
- Public Lands: Access to public lands such as national parks and nature reserves is generally permitted but visitors must follow the rules and regulations set by the authorities. These areas are managed to protect natural resources and ensure the safety of visitors.
- Respect for Nature: Even in public areas, it is essential to respect the environment and local customs. Avoid damaging plants, disturbing wildlife or leaving litter behind.
Wild Camping
- Legality: Wild camping is not explicitly illegal in Vietnam but it is not widely practiced or encouraged. Camping in remote or natural areas can be challenging due to the lack of infrastructure and potential safety concerns.
- Designated Camping Areas: Some national parks and nature reserves have designated camping areas where visitors can set up tents. These areas often provide basic facilities and are managed to minimize environmental impact.
- Permissions: If you plan to camp in a non designated area, it is advisable to seek permission from local authorities or landowners. This can help ensure that you are not trespassing and that your presence is welcomed.
- Safety Considerations: Wild camping can be risky due to factors such as wildlife encounters, harsh weather conditions and the lack of emergency services. Always be prepared with appropriate gear, knowledge of the area, and a plan for emergencies.
Important Considerations
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Landmines and other unexploded weapons
These are a hazard in former battlefields, especially in central Vietnam and along the Laos border. Mined areas are often unmarked.
About one fifth of Vietnam’s land or 5.6 million hectares is contaminated with unexploded ordnance. Vietnamese officials estimate that 35 million landmines and 300,000 tons of unexploded ordnance remain buried in the countryside.
420 FRIENDLY?
Legal Status of Cannabis
- Illegal Substance: Cannabis is illegal in Vietnam. The possession, use, cultivation and sale of cannabis are strictly prohibited by law.
- Penalties: The penalties for cannabis related offenses can be severe, including fines, imprisonment and even deportation for foreigners. The Vietnamese legal system takes drug offenses very seriously.
- Enforcement: Law enforcement agencies actively enforce anti drug laws and being caught with cannabis can lead to very significant legal consequences.
Cultural Attitudes
- Conservative Views: Vietnam has a conservative culture when it comes to drugs, including cannabis. The use of cannabis is generally frowned upon and not widely accepted in society.
- Stigma: There is a strong stigma associated with drug use and cannabis is often viewed negatively by the general public.
- Education and Awareness: The government and various organizations promote education and awareness campaigns to discourage drug use, including cannabis.
Medical Cannabis
- Not Recognized: Medical cannabis is not recognized or legal in Vietnam. The country does not have a framework for the medical use of cannabis and it is not available for therapeutic purposes.
Tourist Considerations
- Zero Tolerance: Tourists should be aware that Vietnam has a zero tolerance policy towards drugs. Engaging in cannabis related activities can lead to serious legal trouble.
- Avoid Risks: It is advisable to avoid any involvement with cannabis during your stay in Vietnam to prevent potential legal issues and ensure a safe and enjoyable trip.
- Respect Local Laws: Always respect local laws and customs. Being informed about the legal status of cannabis can help you avoid any misunderstandings or legal complications
Vietnam Journal
