SBV inconsistent in gold policy
January 30, 2013 | 08:44
The State Bank of Vietnam (SBV) sometimes said it would make local gold prices closer to the world’s prices, sometimes said it would not, and lately has announced it will join the gold market to bridge the price gap. Such inconsistency has put local consumers on tenterhooks, according to experts.
An unstable year for domestic gold
January 02, 2012 | 16:59
This year has seen gold in Vietnam priced up by 18 per cent compared to last year while the global price has increased by only 11 per cent.
Restrict speculation through bullion trading ban
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.
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