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Financial Markets

Banks required to maintain minimum 8% CAR from September 15

HCMC - The State Bank of Vietnam has required banks to maintain a minimum capital adequacy ratio (CAR) of 8% starting September 15 under...

SCB restructuring plan to be completed by mid-Sept

HCMC - The Government has ordered the State Bank of Vietnam (SBV) to complete a restructuring plan for Saigon Commercial Bank (SCB) before September...

Gov’t raises VND11.4 trillion from bond sales in August

HCMC – The State Treasury of Vietnam raised VND11.46 trillion through government bond auctions in August, showed data from the Hanoi Stock Exchange. The bonds...

Inspections of gold trading firms begin today

HCMC - Inspections of credit institutions and businesses active in gold trading have been launched today, September 9, to check their compliance with laws...

PM orders crackdown on gold hoarding, market manipulation

HCMC - The Government has directed the State Bank of Vietnam (SBV) to intensify inspections and crack down on price manipulation, gold hoarding, and...

Domestic gold prices continue to soar to record highs

HCMC – Gold prices in Vietnam surged to an all-time high this morning, September 6, with Saigon Jewelry Company (SJC) quoting gold bars at...

Gold prices continue rising

HCMC - Gold prices at major traders including SJC, DOJI, and Phu Quy jumped VND500,000 per tael on September 5, sending the selling price...

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