VDMS targets Bach Hoa Xanh for selling goods at higher prices

VDMS targets Bach Hoa Xanh for selling goods at higher prices

The Vietnam Directorate of Market Surveillance inspects an unusual increase in prices of goods at Bach Hoa Xanh – Mobile World’s grocery store chain.
Price of pork climbs despite government urging

Price of pork climbs despite government urging

Following commitments made by livestock companies in response to government pressure, the price of live pigs and pork not only failed to decrease, it even rose.
Oil prices volatile as virus saps demand

Oil prices volatile as virus saps demand

Oil prices were mixed in volatile Asian trade on Monday (Mar 23), but remained at multi-year lows due to the double shock of the coronavirus pandemic and the Saudi-Russia price war.
Gold and oil on the rise after drone attack in Saudi Arabia

Gold and oil on the rise after drone attack in Saudi Arabia

Both gold and oil have been soaring since the attack on the Saudi Arabian oil field, with North Sea Brent Crude recording the strongest increase in 30 years.
Gold price plunged after God of Wealth day

Gold price plunged after God of Wealth day

The price of gold began decreasing one day after the God of Wealth day, when buying prices usually peak and selling price falls.
Despite Infront confirmation, VTV denies owning World Cup TV rights

Despite Infront confirmation, VTV denies owning World Cup TV rights

Infront Sport & Media AG accepted VTV's offer yesterday night, but VTV still denies owning the TV rights for the 2018 World Cup.
Binh Phuoc officials held for causing loss of $1.2 mln

Binh Phuoc officials held for causing loss of $1.2 mln

Police in southern Binh Phuoc Province have detained three local officials for their wrongdoings in an auction of public property that caused a loss of over VND25 billion ($1.2 million) to the State.
SBV to auction gold until gap narrows

SBV to auction gold until gap narrows

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.
Hooking tra fish exports

Hooking tra fish exports

Vietnam Association of Seafood Exporters and Producers (VASEP) is considering setting a floor export price for tra fish.
Second gold auction ends in success

Second gold auction ends in success

26,000 taels of gold bullion was successfully sold at the second auction held by the State Bank of Vietnam on April 4.
Gold price fluctuates in two auctions

Gold price fluctuates in two auctions

When the State Bank notified that it would hold the second gold bullion bidding on Apr 4, SJC gold price increased again.
Market players face some golden questions

Market players face some golden questions

Industry insiders are chewing over the State Bank’s recent market changes to make sure the bullion market stays secure.
Domestic gold price sees unexpected rise

Domestic gold price sees unexpected rise

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.
SJC chief makes case for getting gold into order

SJC chief makes case for getting gold into order

Le Hung Dung, chairman of Saigon Jewelry Ltd Co (SJC), predicted an immediate decline in gold prices when the State Bank on February 26 signed an exclusive gold bar processing contract with SJC.  
As prices fall, hopes  rise for ‘buyers’ market’

As prices fall, hopes rise for ‘buyers’ market’

Prices in Hanoi’s overstocked apartment-for-sale market have dropped some more in early 2013, with mid-level products asking in the range of VND15-17 million ($700 to $800) per square metre.
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