I'm working on opening a restaurant business in Vietnam and I've been reading these forums about banking and it really seems daunting.
So I have a few questions:
1. Should I be seeking a business bank account instead of a personal bank account?
2. Should I be setting up a business bank account for the business and a personal bank account that pays be from the business account?
3. Will I have any issues transferring money back into my US bank account from my vietnam bank account since I'm technically making money through my own business?
4. I need to bring in a sizeable amount of cash into Vietnam to invest into my business, which bank should I go with? HSBC, CITI? VietcomBank?
Any help is much appreciated.