Quote:
Originally Posted by SingViet
No offense bro, but i think its the other way round, VND is quite a useless currency. Rich Vietnamese will quickly change VND to USD or EURO once they receive the cash. VND can only be used commonly in Vietnam, Tieng Viet can only be widely used in Vietnam and within the vietnamese communities in a few western countries like USA and Australia. Look at the rate of depreciation of VND. We love vietnam for their slower pace of life, less stressful lifestyle , but this is because we have a strong currency and we enjoy when we go there. If you stay there, earn VND, surely that place will not be that wonderful.  |
For me, I see vietnam as the next potential China. Now they are opening their doors to foreigners and foreign investments. I think it is good to get their properties before their currency strengthen.