Quote:
Originally Posted by Hurricane88
Latest news from the owners...many bia om or local ktvs had shuttered...after the Vietnam restart all hope to have a share but didn't last very long...so the contest now is the big few.. 
Fortune and Fortune II KTV had been leased out and now the new owners are thinking if they want to continue...
My take is simple...ktvs were overpriced and overhyped...there had to be a consolidations and hopefully price down...cannot continue to keep raising prices...
The local Vietnam economy is in limbo...orders had exhausted...factories had to stop in April and workers laid off...shoes, textiles, handphone parts no new orders...now Vietnam had the cheapest iPhone 14 in Asean...after 7mil VND discount...
Real estate market is in jeopardy...banks not releasing loans to property developers and Viet buyers...so property prices down by 30%...about 30k property agents had left their jobs...
The websites gals also having less clients...many had joined the trades..can easily booked top gals now...some only had less than 1-5 clients daily...most of the time they are playing cards or sleeping...
the e-Visa now for the western ang moh countries will resumed 90 days visa....this will not help the local entertainment markets but tourisms markets...anyway the ang mohs only want to spend cheap and hope to secure jobs in Vietnam...
I suggest us cheongsters dun go splurging on gals...these will help bring down the prices...either they discount...or go out of business...the next owner to open will need to face pricing pressure... |
Yes Senior bro u are absolutely correct. Now the real retrenchment started and not only in tech industry already. Now i start to see many companies retrenching people.
Come on people where the money goes in the world? No more money liao. Everyone worry about themselves already and you all still wanna spend like this???
So everyone, especially those higher earner bros, please take care and show care and concern for yourselves even though you all don't really care about those low earner bros and how you all spoiling the market. No one can sustain this kind of spending in this kind of environment nowadays. Don't be surprised you high earner bros might be the one to be retrenched or in debt next. Better keep some money with yourselves.
Offer a fair price and keep everyone happy and market healthy.