Vietnam - HCM (Thread 3)

[naemlo]

Originally Posted by volcano

7.4% is gd rate

few years back was 12% on official and undertable agreement can fetch to 14% lol

Yes only few years ago was more than 10% and even my standard chartered vnd current account earned 6%.

[SEAJ]

Originally Posted by Hurricane88

recently the S$ to VND exchange rate is down sharply due to US$ rose sharply against major currencies...
.....
good for those who has US$ cash to enjoy the good rate...not sure when Vn gahmen going to devalue the Dong...

Looking at the US$ vs Dong historical chart, I see that after a period of a rather muted rise between 15,800 and 16,200 for the years prior to 2008, the beginning of that year marked the rapid devaluation of the dong to circa 21,000 in 2011, where it had only slightly devalued to now.

It looks like the increasing value of the Dong versus the Singapore dollar the past 3 or more months is more tied in to the weakening of the Sing$ and not the Dong strengthening. I wonder if this is a function of oil prices heading down? Or are there other fundamental reasons why the Singapore dollar/economy seems to be losing steam?

SEAJ

[Hurricane88]

Originally Posted by SEAJ

It looks like the increasing value of the Dong versus the Singapore dollar the past 3 or more months is more tied in to the weakening of the Sing$ and not the Dong strengthening. I wonder if this is a function of oil prices heading down? Or are there other fundamental reasons why the Singapore dollar/economy seems to be losing steam?

the Vn Dong rising is because of the US$ increased against major currencies...Vn Dong is pegged to US$...but S$ had increased against other major currencies esp. the Yen, Ringgit, Aus$, etc...

we all knew US gahmen stopped printing money and interest rates expected to go higher which will definitely pushed the US$ higher...so let's wait and see...

[SEAJ]

Originally Posted by Hurricane88

the Vn Dong rising is because of the US$ increased against major currencies...Vn Dong is pegged to US$...but S$ had increased against other major currencies esp. the Yen, Ringgit, Aus$, etc...

we all knew US gahmen stopped printing money and interest rates expected to go higher which will definitely pushed the US$ higher...so let's wait and see...

Yen is down because of Abe's quite nutso loose monetary policy, which has unfortunately NOT reflated the Japanese economy, Ozzie dollar down as copper, coal and other natural resource prices (which underpin Australia's economy) have been hitting new recent lows and the Ringit - that currency is down almost 10% vs US$ during the past 3 or so months!

And whilst there was previous expectations of US$ interest rate rises, the benign inflationary numbers and not quite stellar US economic indicators may prompt Yellen to hold off on any rate increases. These are interesting times in the currency markets, and like you, I AM also just waiting and seeing.

SEAJ

[mutantchicken]

Originally Posted by Hurricane88

the Vn Dong rising is because of the US$ increased against major currencies...Vn Dong is pegged to US$...but S$ had increased against other major currencies esp. the Yen, Ringgit, Aus$, etc...

we all knew US gahmen stopped printing money and interest rates expected to go higher which will definitely pushed the US$ higher...so let's wait and see...

if you know it would have happened rather than just wait and see you should bought US dollars....talk is cheap

[banana81sg]

1st solo trip hcmc tomorrow.....see how it goes

[mutantchicken]

Originally Posted by banana81sg

1st solo trip hcmc tomorrow.....see how it goes

Arrh thanks for telling us I suppose ....then good luck

[Xyborg]

Anyone hired an escort for the whole day before?
Like go out walk, shop, eat with you, and of course have sex.

how much did it cost u?

[Hurricane88]

Originally Posted by Xyborg

Anyone hired an escort for the whole day before?
Like go out walk, shop, eat with you, and of course have sex.

how much did it cost u?

pls dun mention escort here...you can enjoy by using my signature below...just click on my HCM DIY SELF Help...

[humhum]

C'mon give that old man a break, he just need to show off by talking as if he know everything.

Originally Posted by mutantchicken

if you know it would have happened rather than just wait and see you should bought US dollars....talk is cheap

[n733]

Thank you Hurricane88 for the self-help guide. but can i ask is there any ktv or pub that have more chinese speaking gals as i dont know any viet at all. I will be taking my first trip in on the 18th. thank you very much....

[FireShark]

Originally Posted by n733

Thank you Hurricane88 for the self-help guide. but can i ask is there any ktv or pub that have more chinese speaking gals as i dont know any viet at all. I will be taking my first trip in on the 18th. thank you very much....

Most Pubs/KTV are vietnamese Speaking gals. Some Mummies can speak fluent English, Chinese or Cantonese.

[Hurricane88]

Originally Posted by n733

Thank you Hurricane88 for the self-help guide. but can i ask is there any ktv or pub that have more chinese speaking gals as i dont know any viet at all. I will be taking my first trip in on the 18th. thank you very much....

you most welcome...if you want chinese speaking gal then stay in sinkieland....most VBs can speak some simple chinese here...

the above is IMHO...not to upset anyone...skip if you dun like to read...

[damong777]

Originally Posted by Hurricane88

you most welcome...if you want chinese speaking gal then stay in sinkieland....most VBs can speak some simple chinese here...

the above is IMHO...not to upset anyone...skip if you dun like to read...

Sop for going vn
- get gal from source
- must no know Chinese and English
- best no passport

Sop in sg
- go kl / sg more than 2times no sit
- have iPhone 6 or Samsung note 4 no sit
- speak too well Chinese and English no sit
- too pretty no sit

Lessons summarized from exp.

Use google translate lo or go see jackal tieng Viet thread

[damong777]

Originally Posted by n733

Thank you Hurricane88 for the self-help guide. but can i ask is there any ktv or pub that have more chinese speaking gals as i dont know any viet at all. I will be taking my first trip in on the 18th. thank you very much....

U going alone? Have fun then