Write an essay to dicuss something about economic
You are part of the foreign exchange desk at Barclays. You are approached by a multibillionaire that
wants to move from the USA to Vietnam to set up his businesses and plans to retire in Hanoi. the billionaire
has asked you to provide him with all the risks and advantage of moving his money to Vietnam. Most
importantly the billionaire is concerned about the value of bank accounts and products moving to and from
Vietnam. The billionaire has ask for a brief document on the these risk and advantages. Be to discuss the
following: exchange rates of the two countries, the interest rates of the two countries, purchasing power,
and other topics as it concerns the financial situation.
The following link may be of help.
https://www.dailymail.co.uk/news/article-3089932/Barclays-slammed-1-53bn-fine-rigging-foreign-
exchange-rates-global-banks-face-3-6bn-bill.html
https://www.state.gov/u-s-relations-with-vietnam/
https://vietnamnet.vn/en/politics/vietnam-us-relations-to-build-on-new-milestone-623969.html
https://www.expatistan.com/cost-of-living/country/vietnam
Sample Solution