Thread: Reval This Weekend

Originally Posted by danny51

Ali has already paid his low rate for that 8 billion Dong that is already in the pipeline shipped to him, so he will still be in profit by selling to us at his going rate as of today. Any purchases he makes at the r/v rate in the FUTURE will be affected. I am surprised you could not comprehend this, LOL.

I just reread your comment and I think you misunderstand my point. i'm saying that if it RV's before may 1st and you ordered COD well its not your currency until the tranaction takes place at delivery. So @ one cent RV that million instead of being worth 70 bucks is now worth 10K so to honor the order to me would be a very tough call and anyone in that position might find it difficult. At that point it is in effect a nearly ten-K loss by filling the requested orders. It would be nice but you might be expecting too much.

Believe me I hope you all get your orders and if it hasn't RV'd by that time I have no doubt about you receiving your requests.

I understand pipeline supply, I'm not sure how this supply chain is set up though either. Sorry for not being clearer.

from what ive read, ali cares more about his reputation than he does, making money screwing people.

Originally Posted by strongtower

Reval This Weekend

I was told yesterday that with the signing of Article 8 that Article 4 is already done. I was told that there will be an economic meeting this Saturday and that they will move the rate to equal Tawian's and will move the dong up to around .01-.05 and will begin to float it up from there over time.


I want to add that I have recieved this same info from 8 different sources.

Strongtower - any updates from any of your 8 sources?? Thanks.

Originally Posted by strongtower

Reval This Weekend

I was told yesterday that with the signing of Article 8 that Article 4 is already done. I was told that there will be an economic meeting this Saturday and that they will move the rate to equal Tawian's and will move the dong up to around .01-.05 and will begin to float it up from there over time.


I want to add that I have recieved this same info from 8 different sources.

Well, the weekend has come and gone and there's been no revaluation of the Vietnamese Dong. What do any or all of these 8 sources have to say about that fact?

Originally Posted by Weston

Well, the weekend has come and gone and there's been no revaluation of the Vietnamese Dong. What do any or all of these 8 sources have to say about that fact?

L....O.....L!!!!!!!!!!

City Hosts 500 for Viet Nam Economic Forum

Viet Nam News

Originally Posted by inquisitive1

City Hosts 500 for Viet Nam Economic Forum

Viet Nam News

I think I found some 'good parts'! (clipped and snipped below)

It will spotlight the Vietnamese Government’s reform and integration policies and the country’s stable investment environment in the context of the country’s recent WTO membership.

Speaking at a press meeting in HCM City on Friday, the director of the ministry’s Foreign Investment Department, Phan Huu Thang, explained that in the course of implementing its renewal policy, the country had strengthened its legal system to meet the demands of economic integration and develop a market economy.

Pana Janviroj, executive director of ANN and president of Thailand’s Nation Group, said the forum was a regional event that would not only discuss Viet Nam’s economic prospects but also the changing relationship between Viet Nam and other economies in the region.

Singapore’s Minister of State for Trade and Industry S Iswaran will have a keynote address themed The Strategy for Regional Economic Integration and Asia’s Future.

The country director of the Asian Development Bank in Viet Nam, Ayumi Konishi, will deliver a speech on Viet Nam in the Global Economy and Regional Intergration.

Goooooood stuff Inquisitive1!

Thanks Tiffany!

These economic meetings are to continue over the 24th of April.

That's tomorrow...funny how all of these things are popping up this week, isn't it?

Originally Posted by wciappetta

I just reread your comment and I think you misunderstand my point. i'm saying that if it RV's before may 1st and you ordered COD well its not your currency until the tranaction takes place at delivery. So @ one cent RV that million instead of being worth 70 bucks is now worth 10K so to honor the order to me would be a very tough call and anyone in that position might find it difficult. At that point it is in effect a nearly ten-K loss by filling the requested orders. It would be nice but you might be expecting too much.

Believe me I hope you all get your orders and if it hasn't RV'd by that time I have no doubt about you receiving your requests.

I understand pipeline supply, I'm not sure how this supply chain is set up though either. Sorry for not being clearer.

ordinarily i would agree w/you...however-ali will sell-buy back-sell again both dinars and dong. in my opinion he is a man of his word. he has sufficient personal reserves to be rich and still fulfill orders. besides if he goes sideways on his word ill sue him...that is a fate worse than doc daves hell...ali has integrity. the whole world doesnt operate from greed....i do-dont misunderstand me-but he doesnt.