Those who follow news about Vietnam are familiar with the relocation of manufacturing facilities from China which is expected to encourage economic growth despite the uncertainties that the COVID-19 pandemic has caused. Something went wrong while loading Watchlist. At the same time, the Vietnam dong may face pressure against a stronger greenback in the international currency market. Accordingly, the strong trend of the Vietnamese dong against the US dollar will continue to be maintained for the rest of 2021. Please like this video!Join RAPID On Telegram group https://t.me/RapidUpdatesGCR Follow Rapid On Twitter https://twitter.com/UpdatesRapid Email Rapid: Globalcurrencyresearch@gmail.com Buy Crypto W/Coinbase http://bit.ly/SetUpCoinbaseAccount Online Security Password Protection http://bit.ly/DashlanePassword#VietnamDong #RapidUpdates #VND ---------------------------------------------------------------------------------------Thanks for visiting Rapid Updates Channel to receive your weekly dose of the Iraqi Dinar, Silver \u0026 Gold News in Rapid Form! Negosentro is open to advertisers. by dolphinsaremammals Fri Jul 24, 2015 4:55 pm, Post by Caduceus Sat Jul 25, 2015 7:19 am, Post The thumbprint is a nice touch. Will the Vietnamese Dong be Revalued Soon? The HSBC research team predicts that in 2022, the USD/VND exchange rate will reverse to VND 23,000 per US$. There are currently no items in this Watchlist. Vietnam struggled with a declining economy for a long time. The HSBC research team predicts that in 2022, the USD/VND exchange rate will reverse to VND 23,000 per US$. Our advertising, sponsored posts and advertorial rates are in US Dollars. Join us in creating opportunities and sharing ideas to all. Will the Vietnamese Dong RV Revalue? The video here explains that there is a possible revaluation of the Vietnamese Currency, the Dong, abbreviated VND. Together with the expansion of foreign reserves, it has been strongly supporting the nations official currency. A variety of factors can trigger currency revaluation. Investors can not only hold them, but also show their spouse, friends and even fold them up and put them in their wallets. "Don't trust everything you read on the Internet"- Abraham Lincoln. When the Fed helps in appreciating the dollar, it causes a downward pressure on other currencies, including the Vietnam dong. Vietnamese Dong Revaluation; Welcome to DayStarNet.com! This idea has given birth to many "investment" scams, promising 1,000-fold returns to investors who buy dinars at a steep markup. by MossySF Fri Jul 24, 2015 11:14 pm, Post H NI The Vietnamese ng will remain stable for the rest of the year but may appreciate by 0.5 per cent in 2021, VNDirect Securities Corp forecast."The VN may move within the range of 0.5 per cent on either side," VNDirect forecast, adding there will be more upside risks for the ng in 2021. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices. Learn also about the latest attempts on Putin and by whom. Advanced users can use our Python/R/Matlab packages. by TimeRunner Thu Jul 23, 2015 8:04 am, Post PEO vs Staffing Agencies: Which Is Right for Your Business? The State Bank of Vietnam sets the reference rate for the value of the dong against the US dollar. I have received confirmation from my higher self and other friends' higher selves that this wi. Are you looking for a Vietnamese dong forecast to inform your trading? Shudder just thinking about it. by millionaretrucker Fri Jul 24, 2015 4:38 pm, Post Now, lets dive deeper into what currency revaluation is and what are its main drivers. by profnot Thu Jul 23, 2015 3:36 pm, Post While this may not work out for everyone or every situation, its worth trying to save a few tax dollars from the ordeal. Such estimates of a future trend are difficult to predict, as we cant tell the future and the best we can do is make educated guesses. At this point, their exports will decrease due to more expensive labor. How old is your mother? The bank foreign currency revaluation feature can be used to revalue one or more bank accounts. At the time of writing (30 September), the Vietnamese dong forecast from data aggregator Trading Economics indicated that the USD/VND pair could rise to 24,005.70 in one year, from 23,775.80 at the end of Q3 2022, based on global macro model projections and analysts expectations. If you rely on the information on this page then you do so entirely on your own risk. The unofficial black market exchanges were trading Kuwait dinar at huge discounts to individuals who panicked thinking that Kuwait could be annexed by Iraq and Kuwaits currency might be abolished. As it turned out, there was no revaluation and, thus, no basis for the kind of "relief rally" that would-be sellers suggest will eventually happen. It was introduced in 1946, by the North Vietnam Government, and replaced the French Indochinese piastre. Click on the button below to get started. by ShiftF5 Wed Jul 22, 2015 8:49 pm, Post Here is the video I created as I did my YouTube livestream. This is also the lowest exchange rate in the last five years. Why is Vietnam dong so low? Consistently sets low goals and fails to achieve them. Negosentro is an advocacy blog site for Asians around the world to be well-educated about trends and events in entrepreneurship. The HSBC research team predicts that in 2022, the USD/VND exchange rate will reverse to VND 23,000 per USD. I want to help emerging economies anyway I can. - Will Rogers. For example: "1000000 vnd to usd" (or whatever currency you use), and you'll get the result. As it turns out, the scams success is based on a powerful combination of greed, apparent inside information, and the ability to see, feel, and touch the currency. Relative economic strength can be used to forecast the direction of exchange rates. In fact, the most compelling part of situation is that both the Iraqi and Vietnamese currencies are legitimate and tangible. . You may opt-out by. by fidobogo Wed Jul 22, 2015 9:26 pm, Post Vietnamese dong forecast: How will the VND fare against USD and EUR. by pierremonfrere Wed Jul 22, 2015 8:15 pm, Post Feel free to comment on the posts, I'll try to respond within 48 hours to your comments. Law and does not change. preserve Iraqs dollar reserves and allow the government to spend more Iraqi Depending on future circumstances, the Vietnamese official currency could see a rise in its value, but it depends on the further development of the ongoing global health crisis and the pace at which the global economic and business environment will improve. Our editors reserve the right to edit, update or do any action on such content as deemed necessary and appropriate at any given time. Mum will be able to exchange her Dong for USD at any currency exchanger. At the same time, the Foreign Direct Investment Capital (FDI) registered in Vietnam as of 20 November 2021, includes newly registered capital, adjusted registered capital, and the value of capital contribution and share purchase by investors. Help us push digipreneurship. The economic downturn affected the entire country so much that 70% of Vietnams citizens lived below the poverty line after the Vietnam war. Helps the rest of us stay on our toes. The size of the potential loss is limited to the funds held by us for and on your behalf, in relation to your trading account. Also, make sure you sign up to my FREE newsletter below: Last Updated On: December 5, 2016 By: Nick Giammarino Subscribe to the [], Benefits of dropping zeros of Dinar 2016/11/06 | 15:00 . How do analysts expect the USD/VND exchange rate to perform in the context of ongoing foreign exchange market volatility? Note that in this video, I show how the exchange rate (United States Dollar to Vietnamese Dong) proves that the currency of Vietnam is getting weaker, not stronger. If you're curious about what Vietnamese money looks like, check out the video. All factors that seem to make investing in either of them a very credible and enticing opportunity to outsmart Wall Street, best fellow investors, and get rich quick by uncovering secrets the government doesnt want us to know. said that the price will be fixed at the current price for the next four years. Investing in Vietnamese dong is therefore proving to be a real opportunity for foreign investors, who must nevertheless keep an eye on inflation of the dong. H NI The Vietnamese If you're not worried about your mom getting pissed, I would do the above and just take it in to your hands and threaten to report them to law enforcement. Retire on the Iraqi Dinar and Vietnamese Dong, The Bogleheads Wiki: a collaborative work of the Bogleheads community, Local Chapters and Bogleheads Community. Tue, Dec 22 2020 2:50 AM EST. I use these products and if they are awesome, then you should know about it! First, I removed the link in the OP's post as it may be malicious. Multiple variations of the dong existed until the unified dong was introduced in 1978, following communist victory and the unification of Vietnam. The ng has been strongly supported by the higher trade surplus and foreign reserves, VNDirect said.. Vit Nam's exports increased by 4.7 per cent year on year in January-October despite the tightening of global trade amid the . I share my thoughts and ideas I pick up from everywhere I go. Iraq has increased the amount of dinars in circulation well over a thousand-fold and, ironically, over 80% of these dinars exist outside of Iraq, where they are generally not convertible! The expectation is also there that the US Federal Reserve (Fed) will tighten monetary policy, and raise interest rates. by JW-Retired Wed Jul 22, 2015 8:53 pm, Post ", But the central bank agreed to "improve exchange rate flexibility over time," allowing the dong to move in line with the development of the country's markets and economic fundamentals, and to further modernize and make more transparent its monetary policy and exchange rate framework. I wouldn't let a loved one meet these crooks face to face. Hear My Story https://youtu.be/WWjVO34D1-AWELCOME TO RAPID UPDATES CHANNEL. Welcome to DayStarNet.com! by Nicolas Fri Jul 24, 2015 7:02 pm, Post Report Save Follow. On 22 September, the SBV also raised interest rates for the first time in 11 years, increasing the refinancing, overnight lending and SBV loan rates by 100 basis points to return them to March 2020 levels. When the Fed helps in appreciating the dollar, it causes a downward pressure on other currencies, including the Vietnam dong. Prepare to run foreign currency revaluation. In fact, the cycle of inflation lasted from 1985 until the mid-nineties. Learn also about the latest attempts on Putin and by whom. He said that the former government did not dare to take this Looking forward, we estimate it to trade at 22950.00 in 12 months time. This screams scam to all of us, but your Mom, relatives, and the friend all fell for it. by texasdiver Thu Jul 23, 2015 12:33 am, Post by ponyboy Thu Jul 23, 2015 7:40 am, Post Reid Kirchenbauer of InvestAsian.com says, The dinar and dong, along with many other thinly traded currencies, are hard to get at a fair price in the United States. One US bank Kirchenbauer called was offering one million Vietnamese dong for $56.90, which works out to 17,574 VND per dollar. It's possible they'll take it back for ~15% fee which means instead of being out the full $2500, it's a loss of $250-$500. By 2020, something unexpected happened when the Vietnam dong increased slightly by 0.2% against the US dollar. by Gardener246 Thu Jul 23, 2015 12:19 am, Post Will the Vietnamese Dong revalue 2021? A strong trade surplus has supported the dong against the euro, with the exchange rate declining to the 23,000 level from 25,800 at the start of 2022. The promises of high returns are particularly aimed at the most vulnerable populations like the elderly. The current documents are available from Pacer via this link https://ecf.gand.uscourts.gov/cgi-bin/mobile_query.pl?search=dktEntry&caseid=218667&caseNum=1:15-cv-02677-LMMyou must be REGISTERED to access them. The Vietnamese dong (VND) is the official currency of Vietnam. by Sheepdog Thu Jul 23, 2015 4:21 pm, Post Low currency value = more exports. 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