14-05-2024 16:54
Eight bidders bought a total of 8,100 taels of SJC-branded gold bullion out of the 16,800 that the State Bank of Vietnam (SBV) offered for sale at the auction held on May 14 morning.
14-05-2024 11:37
New measures to enforce stricter compliance and non-cash transactions in gold trading aim to increase transparency and regulatory oversight, but also raise concerns about their feasibility and potential disruption to traditional practices.
13-05-2024 17:47
Permanent Vice Chairman of the National Assembly (NA) Tran Thanh Man on May 13 voiced concern over skyrocketing gold prices, asking the Government to quickly review market management measures to narrow the wide gap between domestic and global prices.
10-05-2024 19:22
Amid an escalation of gold prices, the current method of gold bar auctions may not be the optimal direction to effectively control domestic prices, experts have warned.
10-05-2024 10:37
World record holder Le Van Cong won two gold medals at the World Para Powerlifting Organisation's Pattaya World Cup 2024 in Thailand.
08-05-2024 10:23
The State Bank of Vietnam (SBV) on May 7 announced a morning auction for a total of 16,800 taels of gold in Hanoi on May 8.
06-05-2024 09:22
Gold prices reached a historic peak last week after consecutive auction sessions held by the State Bank of Vietnam (SBV) were met with lukewarm enthusiasm.
04-05-2024 22:14
Despite high market interest, Vietnam’s inaugural gold auction left 13,400 taels unsold, with restrictive conditions and regulatory uncertainties dampening enthusiasm and complicating efforts to align domestic prices with global rates.
24-04-2024 15:25
The 'real-estate fever' in the 'golden triangle' of Ho Chi Minh City-Binh Duong-Dong Nai has been attributed to Ho Chi Minh City's price pressures and the building of key transportation infrastructure developments, with many new projects that connect the southeast economic region with other areas implemented since the start of the year.
23-04-2024 14:47
This week, the State Bank of Vietnam (SBV) orchestrated a gold bar auction to stabilise the gold market. Prof. Tran Tho Dat, an economic advisor to the prime minister, mentioned that in addition to the auctions, allowing gold imports and imposing taxes on gold investment activities were necessary measures.
22-04-2024 15:27
The State Bank of Vietnam was to auction 16,800 taels of gold bars, branded by Saigon Jewelery Company (SJC), on the morning of April 22. However, an hour before the bid opening time, the central bank announced it was postponing the auction as there were not enough members to participate in the bidding and transfer deposits.
22-04-2024 10:18
Investigations of gold trading firms are to take place on possible market manipulation amid soaring domestic prices, at the same time as the central bank announced it would resume sales of gold bullion for the first time in over a decade.
19-04-2024 16:49
Vietnamese canoeist Diep Thi Huong won a gold medal in the women’s 500m category at the Asian Canoe Sprint Championships 2024, the Vietnam Canoeing, Rowing and Sailing Federation said on April 19.
16-04-2024 16:25
The State Bank of Vietnam (SBV) will resume gold bar bidding after 11 years, aiming to increase the supply of gold to the market, promptly and immediately settle the high difference in domestic and international gold prices, thus ensuring the gold market operates in a safe and stable, healthy, open, transparent and effective manner in accordance with the Prime Minister's direction.
15-04-2024 08:00
The State Bank of Vietnam (SBV) will increase the supply of gold bullion to handle the existing huge difference in domestic and world gold prices, SBV Deputy Governor Pham Thanh Ha told the press on April 12.