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CATEGORY

Financial Markets

Financial Markets

Online gold selling service launched today

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HCMC – The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) has begun selling gold on its website in a bid to...
Financial Markets

Central bank urges probe into suspected gold market manipulation

Dat Thanh -
HCMC – The State Bank of Vietnam (SBV) has called for police to launch an investigation into misinformation, speculation, and market manipulation on the...
Financial Markets

UOB: Vietnam will keep interest rates steady in 2024

Dat Thanh -
HCMC – United Overseas Bank (UOB) experts have forecast that Vietnam's central bank will keep interest rates steady throughout this year so as to...
Financial Markets

Local gold prices plummet further

Ngoc Nguyen -
HCMC - The fall in domestic gold prices has continued as the State Bank of Vietnam (SBV) revised down its gold bar price to...
Financial Markets

Local gold prices dip further

Ngoc Nguyen -
HCMC – Domestic gold bar prices declined further to VND78 million per tael this afternoon, June 5, thereby narrowing the disparity with global prices...
Financial Markets

SJC told to make gold bars in large quantities

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HCMC – The government of HCMC has asked Saigon Jewelry Company Limited (SJC) to focus on producing SJC gold bars for the State Bank...
Financial Markets

SBV further lowers gold bar price

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HCMC – The State Bank of Vietnam (SBV) on June 4 sold gold bars to four authorized banks and Saigon Jewelry Company (SJC) at...
Financial Markets

SJC buys gold from SBV for retail

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HCMC – Alongside the four state-run commercial banks authorized to sell gold to the public, Saigon Jewelry Company Limited (SJC) is now entitled to...
Financial Markets

Local gold prices plummet further

Ngoc Nguyen -
HCMC – The domestic price of SJC gold bars plunged by VND2 million this morning, June 1, to VND85 million per tael, which is...
Financial Markets

SBV asks banks to lower lending rates

Ngoc Nguyen -
HCMC - The State Bank of Vietnam (SBV), the nation’s central bank, has asked commercial banks to continue cost-cutting measures, simplify lending procedures, and...

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