How's 14% interest on a savings account sound?! Yeah, I thought so too. Then I saw it is only for accounts in Dong. Inflation is about 20% here in Vietnam I'm told. So I guess it isn't really a killing. More like a losing proposition.
But wait a minute! Perhaps it is still possible to make a killing? Bring in US$, exchange for Dong, put in 14% savings account, remove after some time, convert back to US$.
I'm exchanging $1US = $20,800VN and the rate to convert back is only slightly less, $20,850VN = $1US. 14% interest in the Dong savings account would certainly cover the reconversion loss. I'm sure there's something I'm not seeing otherwise this would be selling as a get rich quick scheme!
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