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CATEGORY

Financial Markets

Financial Markets

SBV urged to curb gold price disparity with global market

Ngoc Nguyen -
HCMC - Prime Minister Pham Minh Chinh has ordered the State Bank of Vietnam (SBV) to stabilize the domestic gold market and narrow the...
Financial Markets

Local gold prices surge

The Ky -
HCMC – Domestic gold prices jumped this morning, September 16, with SJC gold quoted at VND132 million per tael on the selling side, up...
Financial Markets

Gold trading income might be taxed in anti-speculation move

Ngoc Nguyen -
HCMC - The Government wants income from gold trading to be taxed under the revised Personal Income Tax Law in a bid to promote...
Financial Markets

VND58.6 trillion bonds issued in August

Ngoc Nguyen -
HCMC - Businesses issued bonds worth VND58.6 trillion in August, up 42% against the previous month, with banks and real estate firms leading the...
Financial Markets

Banks required to maintain minimum 8% CAR from September 15

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

SBV says banking system remains secure after CIC data breach

Dat Thanh -
HCMC – Vietnam’s central bank has confirmed that the country’s banking system remains safe and stable following a data breach at the National Credit...
Financial Markets

SCB restructuring plan to be completed by mid-Sept

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

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

Dat Thanh -
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...
Financial Markets

Vietnam pilots digital asset market for five years

Ngoc Nguyen -
HCMC - The Government has approved a five-year pilot program for digital asset trading. Deputy Prime Minister Ho Duc Phoc on September 9 signed Resolution...
Financial Markets

Inspections of gold trading firms begin today

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

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