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I Lived in Da Nang Vietnam on $220/month 🇻🇳 Now I Own my Business

40,487 1,161 44:24 min 2026-01-29 0 reviews
The Evan Eh! 🇨🇦 Show
In this interview, Mike shares his journey from a brief travel visit to Da Nang in 2018 to becoming a long-term resident and business owner. Arriving with only $220/month rent for a studio, he transitioned from online English teaching to opening Da Nang Bike Hub, a full-service bike shop. The conversation covers the practical steps of moving: obtaining a TEFL certificate, leveraging online ESL work (then paying $25/hour), and navigating Vietnam's visa system. Mike contrasts the affordable lifestyle of Da Nang in 2018 with the rising costs of 2026, noting that one-bedroom apartments now start at 12 million VND/month. He also discusses the challenges of starting a business during COVID, including a stalled partnership in Hanoi and a temporary return to the US. The video offers concrete advice for aspiring expats on teaching English, finding housing near My Khe Beach and An Thuong, and the logistics of running a business in Vietnam. The host, Evan, provides context from his own experience teaching in Ho Chi Minh City and highlights Da Nang's appeal for cycling, beach life, and its growing expat community.

Key Facts

  1. Studio rent in Da Nang in 2018: $220/month
  2. Entry on tourist visa, then transition via online ESL teaching with TEFL
  3. Da Nang Bike Hub: bike shop with rentals, repairs, tours in An Thuong
  4. Current one-bedroom rent: 12 million VND/month (approx. $500 USD)
  5. Online ESL rate: ~$25/hour, earning ~$75 for 3 hours of work

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