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Financial Markets

Vietnam abolishes state monopoly on gold bar production

HCMC - The Government has issued a new decree amending several articles of Decree 24/2012, which includes ending state monopoly on gold bar production...

Risk-based capital model for insurers may be delayed to 2031

HCMC – The Ministry of Finance has proposed delaying the implementation of the risk-based capital (RBC) model for insurers to 2031 from the original...

Gold prices retreat from record levels

HCMC - Domestic gold bar prices dropped by VND200,000 per tael this morning, August 20, pulling back from the record high of VND125 million...

Reserve requirement to be halved for acquirers of weak banks

HCMC - Vietcombank, MBBank, VPBank, and HDBank will enjoy a 50% reduction in reserve requirements for taking over weak banks, starting in early October. The...

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