24-05-2024 16:11
Eleven bidders bought 13,400 out of the 16,800 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) offered for sale at an auction held on May 23.
22-05-2024 09:00
A gold auction held by the State Bank of Vietnam (SBV) on May 21 sold 7,900 taels (70 lots) of SJC-brand gold bullion to nine different bidders.
17-05-2024 09:51
Eleven bidders bought a total of 12,300 out of the 16,800 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) offered for sale at an auction held on May 16.
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.
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.
03-01-2014 16:04
18-12-2013 09:31
The State Bank of Viet Nam intends to keep up gold auctions to correct imbalances in supply and demand in the domestic market, according to the Head of the Foreign Exchange Department, Nguyen Quang Huy.
06-09-2013 09:47
The State Bank of Vietnam (SBV) said it made a profit of more than 6 trillion VND (272.72 million USD) from 75 gold auctions.
22-08-2013 10:14
Le Minh Hung, Deputy Governor at the Central Bank, said if market demand for gold increases, they will hold more gold auctions to ensure steady flow.
31-07-2013 15:05
The State Bank of Vietnam sold 26,000 taels of gold, or one ton, at the 48th gold auction on July 30 to seventeen banks and companies with highest bid at VND38.08 million a tael and lowest bid at VND38 million.
13-07-2013 16:38
For the first time in the State Bank's last six gold auctions, 1,300 taels were left unsold yesterday. The bank offered 26,000 taels (one tonne) of gold with 16 credit institutions in attendance.
05-07-2013 09:36
Despite the fact that local banks now do not have to hunt for gold after completing settlement of gold arrears as of Sunday as requested by the central bank, up to 80,000 taels of gold still found buyers in the two gold biddings earlier this week.
17-06-2013 09:06
In 31 gold auctions, the State Bank of Vietnam (SBV) has pumped 787,300 taels of gold, or 30.2 tons of gold, into the market.
15-04-2013 08:30
The State Bank of Vietnam (SBV) will sell gold until banks no longer need the precious metal with the hope that the gap between local and global gold prices will narrow, stated a senior source from the central bank.
04-04-2013 19:19
26,000 taels of gold bullion was successfully sold at the second auction held by the State Bank of Vietnam on April 4.