Quote:
Originally Posted by boysaigon
the property market is cooling due to the tightening of money supply by the central bank. However, dont expect the market to crush...lots of land owners are cash rich investors...i do agree that a fraction of those, who joined at the peak with bank borrowings, are waiting to cut lose....most buyers are doing their wait-and-see now...those interested to go in the market now can look at 10-15% discount from the CNY prices at the moment...
FD rate has shot up to low teens...(if have money, now is the best time to invest in VND)...
stock market too has turned from the best performing market, in SEA, to the worse performing one. Value has emerged...if go in, eye must open big big...
hope all bros here can make some good money from their investments in VN..  |
Cash is king now in Vietnam; adversity means opportunity. Opportunity to
make $$$$$$$ ( many folds or lose it all). Vietnam is not for the faint hearted.
Vietnamese, by nature, have the gambling instinct( or some called it the investor spirit).