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Old 21-09-2013, 08:53 PM
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Re: Vietnam - HCM (Thread 3)

Quote:
Originally Posted by MIFAcafe View Post
Most bros here want a weak dong.

In 2008/2009 SGD1 = VND 9000.
Now VND 17,000.

I think the weaker it get ; the more spending power of all bros here.

having a weaker Vnd does not imply that people can have more spending power..in 2009,the exchange rate should be around $1 Sgd to 10k Vnd.but at this time,a bowl of duck drumstick noodle at my favourite shop in Q.4 is selling at 35-38k Vnd...now,in the year of 2013 when the exchange rate is $1 Sgd to 17k Vnd,the stall is selling 75k Vnd...