Thread: Latest news on the Dong!

Originally Posted by lazyasL

We here at our Office just ordered our first Dong order yesterday from DinarTrade..... and today we have our Dongs in our hands, less that 24 hour service............thanks ALI.......

because of the quick, courteous and professional service, we have also set up our next order for March......

Lazy you kill me! I won't even remark on that statement. I'm falling out of my chair LOL!!
But I will say that Ali did suppy our order very fast!

VN Index passes 1,100 mark to new record
08:54' 27/02/2007 (GMT+7)

The prices of 103 of the 107 listed shares increased on the Feb. 26 session, bringing the VN Index to a new record of 1,129.02 points with a rise by nearly 45.77 points, or 4.23 percent.

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The trading floor was full of investors

This is the first time VN Index passed the 1,100 point mark and also the first time it increased by more than 40 points.

After a 10-day break, the stock market opened and became hot thanks to a series of good information and forecasts from market regulators and experts.

The first session of the stock market in the Year of the Pig (Dinh Hoi) saw a fairly high trading volume of 7.47 million shares worth nearly 995.7 billion VND.

The prices on only four shares remained unchanged, 19 others increased slightly and the remainders hit the ceiling.

(Source: VNA)

I'M THINKING OF ORDERING DONG and turning off my caps lock, and was wondering whats the going rate per mil ? If I order through dinar trade do I get a discount for being a Rol Club member ? Thanks, J.

Originally Posted by Jason Lee

I'M THINKING OF ORDERING DONG and turning off my caps lock, and was wondering whats the going rate per mil ? If I order through dinar trade do I get a discount for being a Rol Club member ? Thanks, J.

I hope you do, just let us here in the Forum know what develops after you get a good deal from Dinar Trade....


YB. -

Originally Posted by YogiBrood

I hope you do, just let us here in the Forum know what develops after you get a good deal from Dinar Trade....


YB. -

OK,I'm thinking of ordering 5 to 10 mil today.

Hi,

Does anyone know if you can buy Dong from the banks in the U.K.

Originally Posted by Jason Lee

OK,I'm thinking of ordering 5 to 10 mil today.

I have ordered from Dinar Trade twice and both times had excellent service. The second time I ordered was on a Saturday and I did not expect delivery until tues/wednesday. Well, come Monday morning my Dongs arrived. Oh, I got my discount w/o a problelm. I WILL be ordering more.
Thanks aahh, Dong Gang.
Is this the correct call.

PM: no need to control forex in foreign portfolio investment
17:17' 28/02/2007 (GMT+7)

VietNamNet Bridge – The Prime Minister confirmed in dispatch No 997, that at the moment there is no need to apply urgent measures to control the forex in foreign portfolio investments that have been proposed by the State Bank of Vietnam.



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Investors

At a meeting of the National Consultancy Council for Financial and Monetary Policies, the central bank suggested applying a series of measures to keep forex under control in foreign portfolio investments. The Prime Minister has also asked relevant ministries and authorities to keep following the measures on controlling the stock market as stipulated in notice no 20 on
January 29, 2007 by the Governmental Office.



The Prime Minister has stressed the need to perfect the legal framework, strengthen the management apparatus and reinforce market supervision. He has urged the Ministry of Finance, State Securities Commission and the State Bank of Vietnam to promulgate the documents guiding the implementation of the Securities Law, Forex Ordinance and other related documents. The National Consultancy Council for Financial and Monetary Policies considers and proposes comprehensive measures in order to ensure the stable development of the stock market, avoiding shocks to the national economy.



The Ministry of Finance and the State Bank of Vietnam will initiative these measures, easing the pressure on inflation, stabilising the value of local currency, and preventing currency speculation.



Phuoc Ha

Vietnam the most attractive destination in Asia: ambassador
16:59' 28/02/2007 (GMT+7)

VietNamNet Bridge – Japanese Ambassador to Vietnam Norio Hattori confirmed yesterday at a press conference for the New Lunar Year that Vietnam is now the number one market in Asia.

Japanese investors are now very interested in Vietnam, the ambassador said.


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Japanese Ambassador to Vietnam Norio Hattori

In the last few years, Japanese investors have not planned to make further investments in
China. They also do not intend to invest in Thailand due to the political uncertainty in the country. They want a safe investment environment.


Japanese investors’ interest in Vietnam as an investment destination is quite different from that of four years ago, when Vietnam was less attractive. Now Vietnam has become the most attractive market in the region. Japanese investors now want to invest in Vietnam due to its high and stable economic growth rate and political certainty. In addition, Japanese investors can still benefit from several investment incentives granted by the Government of Vietnam.


In 2006, Japanese foreign direct investment increased by 30% in capital over the previous year. “I firmly believe that Japanese investment will further increase this year. I can say that now Japanese investors are showing more interest in Vietnam than ever before,” the ambassador said, adding that several big investment projects are under negotiations between Japanese groups and the Vietnamese Government.


Regarding the Vietnamese – Japanese agreement on economic partnership, Mr Hattori informed that the first round of negotiations was held in January 2007 in Tokyo and the second round is to be held in March. No conclusions have been made at this stage. Vietnam wants to reduce import taxes for its agricultural, forestry and fishery products. Japan is interested in reviewing tax rates on industrial products. Vietnam also wants Japan to be more receptive to having Vietnamese working in Japan in areas such as housemaids.


“I hope that the agreement can be signed after one year of negotiations,” Mr Hattori said


The ambassador has informed that Japan will consider the master plan of the Hoa Lac high-tech zone development, and conduct a feasibility study on the project in the fiscal year of 2007. The infrastructure there is very poor, which cannot meet the requirements of big companies. Therefore, the first thing that needs to be done is to build infrastructure. The high-tech zone is expected to congregate leading technological universities in Vietnam.


(Source: VNE)

Originally Posted by abbey56

Hi,

Does anyone know if you can buy Dong from the banks in the U.K.

But Ali at Iraq dinars Dinar Trade has a agent there if you need them. Just give him a call or visit the website. Mention Rolclub Please, and Ali will take care of you.