March 30, 2013 | 09:15
Results from the first official gold auction held recently by the State Bank of Viet Nam were unexpected, with the domestic gold price going up as the global gold price fell.
February 27, 2013 | 10:44
The gap between global and domestic gold prices reached a record VND5.5 million ($264) per tael last week, prompting measures to resolve the situation in order to protect the macro-economy.
September 29, 2011 | 09:25
While domestic gold remains costly and gold traders are desperately waiting for new import quotas to ease scarcity, many companies say they have large stocks of raw gold but cannot turn them into bullion bars for sale on the market.
September 06, 2011 | 10:23
Gold fever may strike many countries, but maybe only the market gold in Vietnam experiences such dramatic changes as seen in the recent past.
August 19, 2011 | 11:24
The Vietnam Association of Financial Investors (VAFI) has called on the State Bank of Vietnam to scrap plans on establishing a national gold trading floor as it would not bring any benefit to the economy.
March 02, 2011 | 20:00
Cao Sy Kiem, a member of the National Monetary Policy Consulting Committee, said free market bullion trading should be banned and the State Bank should manage the gold market towards concentrating gold imports for a positive impact on the forex market.
February 25, 2011 | 17:00
Gold is coming into the government’s focus to curb inflation.
February 18, 2011 | 14:00
The demand for gold in Vietnam has spiked after the local currency’s recent devaluation.
January 27, 2011 | 20:06
Many experts expect the average gold price in 2011 to rise higher against 2010 prices.
October 06, 2010 | 10:48
The State Bank emphasised that there is no shortage of gold at present and it’s not the right time to import gold.