gold bars

Vietnam central bank postpones gold bar auction

April 22, 2024 | 15:27

The State Bank of Vietnam announced that it has postponed its first gold auction in 11 years, set for April 22, due to a lack of participants.

Domestic gold price sees unexpected rise

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.

Domestic gold soars past global prices

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.

Market is good as gold

December 27, 2012 | 10:35

Stricter gold business management regulations in Decree 24 have created diverse sentiments among businesses.

State Bank struggles to stabilize bullion market

September 06, 2012 | 16:25

Although Saigon Jewelry Company (SJC) officially handed over exclusive rights to manage brand-name and production quota of SJC gold to the State Bank of Vietnam (SBV), it seems this is not enough to stabilize the domestic gold market as the gap between domestic and global gold price is widening from VND2.4 million in late August to the current level of VND3 million per tael.

SJC reprocesses 45,000 taels of gold

August 29, 2012 | 09:02

Saigon Jewelry Holding Co. (SJC) finished reprocessing over 45,000 taels of deformed gold bars on Monday, replenishing gold supply in the market, said a senior executive from SJC.

A gold move for market

August 20, 2012 | 15:03

Local bullion market will soon be knocked into shape following a policy move.

All that glitters is not gold

July 13, 2012 | 10:36

A smart gold conversion plan is important to put bullion market into order.

Gov’t selects SJC brand for gold bullion

July 05, 2012 | 15:51

Le Minh Hung, deputy governor of State Bank of Vietnam, yesterday replied to questions at a press conference regarding concerns as to which gold brand will be selected as a state brand, with many consumers still holding gold bullion of different brand names.