Ministries differ on state of fuel distributors

Ministries differ on state of fuel distributors

The Ministers of Finance and Industry and Trade brought intrigue to the Q&A session at the ongoing National Assembly meeting yesterday, given their different information on the financial state of the fuel trading sector.
Gold market to be knocked into shape

Gold market to be knocked into shape

Banking authorities are about to take drastic measures to put the local bullion market under control.
SSC ban hits a brick wall

SSC ban hits a brick wall

Brokers are turning a deaf ear to a State Securities ban on margin trading in stocks the watchdog perceives as risky.
Margin trading black list irks some brokerages

Margin trading black list irks some brokerages

Investors are up in arms over a State Securities Commission decision to ban margin trading on certain shares.
SSC finally makes its margin call

SSC finally makes its margin call

The State Securities Commission last week flicked the switch on margin trading.
Taking sense amid gold frenzy

Taking sense amid gold frenzy

Ho Quoc Tuan, a doctoral candidate at the United Kingdom’s Manchester University, examines the best way to restore order to the local bullion market and create a balance between domestic and world market gold prices.
Gold trading floor plan cops flak

Gold trading floor plan cops flak

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.
Long awaited VAT path is set to be outlined

Long awaited VAT path is set to be outlined

Local banks’ SOS for value added tax guidance will soon be answered.
Petrolimex defends itself from profiteering claims

Petrolimex defends itself from profiteering claims

After the negative reaction to its healthy financial report, the state-owned Vietnam National Petroleum Corp (Petrolimex) has gone on the record to defend its profits.
Bullion trading starts to heat up

Bullion trading starts to heat up 1

The recent gold management final draft has put a positive spin on the domestic bullion market.
Gold businesses look to shine

Gold businesses look to shine

Account-based gold trading should be given the go-ahead through forming a national gold exchange to be governed by the State Bank or one industry leader, Vietnam Gold Business Association (VGBA) chairman Nguyen Thanh Long tells VIR.
Attacking inflation key to a recovery

Attacking inflation key to a recovery

There is both positive and negative news for the equity market in May, although none of it is predicted to be significant.
Gold traders seek to stabilise market

Gold traders seek to stabilise market

The Vietnam Gold Traders Association (VGTA) has officially submitted to Prime Minister Nguyen Tan Dung a package of measures to stabilise the domestic gold market, including a proposal not to ban gold bullion trading and to allow account trading.
Gold market getting knocked into order

Gold market getting knocked into order

Banking authorities are showing a strong commitment to the gradual abolition of gold plate trading on the ‘free’ market.
Gold centre may save market from chaos

Gold centre may save market from chaos

Ending gold bar trading on unofficial markets and establishing a national gold trading centre under the government control are under consideration as a balanced measure to rescue the gold market from its current chaos.
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