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Opening a local bank account

Some Vietnamese banks (e
Some Vietnamese banks (e.g., BIDV, specific branches of Vietcombank) allow foreigners to open debit accounts with only an e-visa. If one branch denies the request based on visa duration, try other branches or different banks. It is not a universal rule that a 12-month visa is required.
Both Vietcombank and BIDV are major banks in Vietnam
Both Vietcombank and BIDV are major banks in Vietnam. Vietcombank is often considered more stable and has a strong reputation, particularly for international transactions. BIDV is also a large state-owned bank with an extensive network. The 'better' choice can depend on individual needs, such as specific services required, ATM availability in desired locations, and personal preference. It's advisable to compare their current offerings, fees, and ATM networks.
Explain the feasibility and requirements for opening bank deposits in Vietnam as a tourist
Explain the feasibility and requirements for opening bank deposits in Vietnam as a tourist. Clarify interest rates and specify which banks might offer such services. Note any restrictions related to visa status.