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Financial Markets

Credit rises 9.6% in HCMC in Jan-Apr

HCMC – January-April credit in HCMC grew by 9.6% year-on-year to VND3.5 quadrillion, driven by an increase in long-term credit, according to data from...

SJC proposes ending state monopoly on gold bar production

HCMC – The Saigon Jewelry Company (SJC) has proposed the Government abolish state monopoly on gold bar production, allowing businesses to produce gold bars...

Vietnam dong advances against U.S. dollar

HCMC - The State Bank of Vietnam (SBV) today lowered the reference exchange rate between the Vietnamese dong and the U.S. dollar by VND29 from...

Jan-Apr loans grow in HCMC

HCMC - Credit in HCMC in the first four months of this year increased by 1.31% against December 2023 and 9.33% year-over-year. Nguyen Duc Lenh,...

Lawmakers call for action amid volatile gold market

HCMC – Vietnamese lawmakers have expressed concerns over the erratic behavior of the gold market, calling for stronger action. During the 33rd session of the...

Domestic gold prices edge down

HCMC - As trading began this morning (May 13), domestic gold prices fell by VND3.3 million per tael for buying and VND2.8 million for...

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