Vietnam - HCM (Thread 3)

[volcano]

Originally Posted by Hurricane88

Personally I dun think the Vietnamese will flock to MacDonalds...because Burger King and others are already there for many years...

confirm will flock there like bees bcos Vietnamese like new things,and many have been waiting long for the arrival of Mcd..

[mutantchicken]

Originally Posted by AtlasShrugged

Will VN MM going to be fat like the americans in next decade....

i think fat like singaporeans first hahhah

Originally Posted by Hurricane88

what is the point of devalue Vietnam Dong by 1% when inflation is averaging 7.5%...

the point of devalueing a currency is so that it makes it exports more competitive...things are not so much priced at usd but traded at usd...eg 1 tonne of rice wase 100mill a tonne for eg..now devalued so now export is 1% cheaper. Inflation figure is caluated based on all consumption domestic, goverment and consumption of domestic goods. Inflation is not a significant consideration when deciding to devalue a currency, changeing the interest rate is what is used to conbat inflation. Devalueing a currency is used to affect the balance of trade thru making the exports more attractive thu volume..ie exports cheaper imports more expensive..but the problem is that the so called middle class or poor...not the dirt poor...they have vk and foreigners who buy these exports for them.

On another matter....id like to ask people this question...here in vn as its not common to have purchases by installments..tho its growing in popularity, its often to have people buy goods like phones or depreciating assets worth 3-6mths income. And looking at the thread matters of teh heart, it is common for guys to complain that their gf/wife is costing them too much money ..and the advice is can they afford her blah blah.
Im curious how much of your monthly income would u think it was wise to spend on a girl or to use a a cheong budget...or how much of you monthly income would u spend on a depreciating asset...not including a car.

for me...depreciating asset not including a car( 80k aud) i have never spent anything larger than 5% of my monthly income, and on girls 5-10%....

Originally Posted by volcano

confirm will flock there like bees bcos Vietnamese like new things,and many have been waiting long for the arrival of Mcd..

yes they definately will flock...stupid nha qque and vo hoc fools that they are

[naemlo]

Originally Posted by mutantchicken

for me...depreciating asset not including a car( 80k aud) i have never spent anything larger than 5% of my monthly income, and on girls 5-10%....

I spend 10% of my total income in accommodation, utilities, entertainment(drinks, sex) and meals. Car, petrol provided by company.

[mutantchicken]

Originally Posted by MIFAcafe

Found this picture hence a stupid question.

This cannot be real right?

the money say 50 dong..then has in nuumbers 69...photoshopped old currency
also the fact taht u got the image off uncyclopedia which is a paraody of wiki...how can it be genuine

[MIFAcafe]

A lot of smart people in this thread. Economist and Mathematician.

No wonder the clones got no place to hide.

Originally Posted by naemlo

I spend 10% of my total income in accommodation, utilities, entertainment(drinks, sex) and meals. Car, petrol provided by company.

Originally Posted by naemlo

I also felt my SGD shrinks when I visit Vietnam. Everything has went up significantly.... but I still go there for the mm.

Originally Posted by Hurricane88

what is the point of devalue Vietnam Dong by 1% when inflation is averaging 7.5%...


Inflation picks up in June

June 24, 2013

In June, consumer prices rose 0.05% over the previous month, which contrasted the 0.06% fall recorded in May. According to the General Statistics Office of Vietnam, higher prices for garment and footwear as well as for culture, entertainment and tourism offset lower prices for postal services and communications as well as for traffic.

As a result of the monthly increase, annual inflation rose from 6.4% in May to 6.7% in June. Despite the increase, annual average was unchanged at May’s 7.5%.

FocusEconomics Consensus Forecast panellists expect headline inflation to average 7.5% in 2013, which is down 0.3 percentage points from last month’s forecast. According to the panel, average inflation will accelerate to 7.8% in 2014.

Originally Posted by naemlo

Devaluation has double edge sword. I do not think it will boost much cause most common currency use in trade is USD.

It will effect the common ppl,
Using a lame/laymen example, in petrol dollar imposed by big mafia of the world, importing petrol used to be USD 1 and sell at 21,000VND and now importing petrol is still USD 1 but need to sell 21,100VND. Unless importer willing to adsorb the different, else it will pass down to the consumers.... assuming oil value remains the same for the period. Again si beh lame example.

Anyway, we are not politician, we are cheongster.... whichever policy makes our cheonging easier is good policy.

[MIFAcafe]

Did not know Vietnam have places like this.

Originally Posted by mutantchicken

the money say 50 dong..then has in nuumbers 69...photoshopped old currency
also the fact taht u got the image off uncyclopedia which is a paraody of wiki...how can it be genuine

[AtlasShrugged]

Originally Posted by MIFAcafe

Where?

Originally Posted by mutantchicken

i think fat like singaporeans first hahhah

for me...depreciating asset not including a car( 80k aud) i have never spent anything larger than 5% of my monthly income, and on girls 5-10%....

Maybe ..

I allocate 10% for travel n sex entertainment every month...

Sometimes people can't afford becos they dun know how to say NO.
If you let them draw the line beyond your limits, they will keep drawing.. not just VN MM, but all MMs..even guys, friends relatives etc..
Think you met more such cases among those that cheong HCMC..

[naemlo]

Originally Posted by MIFAcafe

Economist and Mathematician.

Economist and Mathematician also crashed the economy.

[MIFAcafe]

Originally Posted by AtlasShrugged

Where?

I go and see first and report back. Must confirm the place; cannot anyhow post.

[AtlasShrugged]

Originally Posted by MIFAcafe

I go and see first and report back. Must confirm the place; cannot anyhow post.

Thanks for being the pioneer

[Singkieu]

Originally Posted by mutantchicken

...the point of devalueing a currency is so that it makes it exports more competitive...things are not so much priced at usd but traded at usd...eg 1 tonne of rice wase 100mill a tonne for eg..now devalued so now export is 1% cheaper. Inflation figure is caluated based on all consumption domestic, goverment and consumption of domestic goods. Inflation is not a significant consideration when deciding to devalue a currency, changeing the interest rate is what is used to conbat inflation. Devalueing a currency is used to affect the balance of trade thru making the exports more attractive thu volume..ie exports cheaper imports more expensive..but the problem is that the so called middle class or poor...not the dirt poor...they have vk and foreigners who buy these exports for them...

Wah MC the Economist...

Originally Posted by mutantchicken

...Im curious how much of your monthly income would u think it was wise to spend on a girl or to use a a cheong budget...or how much of you monthly income would u spend on a depreciating asset...not including a car...

Funny you should ask that... recently my No. 2 joked that she would be my 'osim' for an amount per month that translated to between 5-7% of my monthly income... I asked if osim duties included bearing a child, she laughed.

HaizZzz... I assume that means a wage increase?

[furious1]

I going Vietnam soon. I got went to some of their ktv and massage . Just need ppl to share more. Ho chi min plz

Any good ktv and massage place to recommend?

Or anyone have any girl to recommend . Price not a issue. But service must be good and fun places.

Can pm me or reply here thks.

[deptrai4u]

Originally Posted by naemlo

I also felt my SGD shrinks when I visit Vietnam. Everything has went up significantly.... but I still go there for the mm.

Yeah, SGD or everything can shrink, does not matter. The dick don't shrink can already. Up up and away!!!

[pokerstar]

hihi any bros this week 18-20 at hcm? Lets meet up for some drinks and fun. cheers

[superhuman]

Just to tempt my fellow bros here. Tiger air promotion. Return trip to hcm 78.80 sgd. Including all taxes. Fly in Oct.

Damn tempting.. Cheaper than going clubs or ktvs