Vietnamplus

The State Bank of Vietnam set the daily reference exchange rate at 23,208 VND per USD on August 5, down 6 VND from the previous day.

Gold prices continued to rise on the domestic market on the last day of July, reaching near 58 million VND (2,495 USD) per tael (1.2 ounces).

The recent surge of gold prices may cause risks for individual buyers, experts and analysts have warned.

Domestic gold prices kept soaring this morning to pass the historic high on July 6, reaching 50.32 million VND (2,172 USD) per tael (1.2 ounces). The prices of the yellow metal went up in the global market.

Local gold prices soared to hit 47.7 million VND (2,053 USD) per tael (1,703.7 USD per ounce) on March 6.

Domestic gold prices soared to an eight-year high on February 24, reaching 49.4 million VND (2,128.66 USD) per tael (1,766.4 USD per ounce).

The domestic gold price soared yesterday while global prices hit a seven-year peak amid the ongoing novel coronavirus outbreak.

Institutional investors are seeking opportunities to buy shares in large-cap State-owned enterprises when they launch IPOs in 2020.

This year’s God of Wealth Day (February 3) saw fewer gold buyers than previous years due to fears of new coronavirus (nCoV).

The domestic gold price saw its strongest growth in three months in the week of December 23-29 after beating the milestone of 42 million VND (1,817.40 USD) per tael.

A draft regulation put forward by the State Bank of Vietnam (SBV) that would limit the foreign ownership rate in the payment intermediary service sector to 49 percent was discussed at a workshop in Hanoi on December 12.

Ten of the 11 categories of main consumer goods and services have recorded price hikes in October, with the strongest month-on-month increase, 1.04 percent, seen in the food and food services group.

In the first eight months of the year, the overall inflation was higher than the core inflation. This reflected that the price fluctuations were mainly due to the hike in prices of food, foodstuff, ga

Second-quarter earnings of steelmaking companies showed signs of deterioration as prices of iron ore continued to increase, leading to higher production costs and lower profit.

The average Consumer Price Index (CPI) in the first half of 2019 increased 2.64 percent year-on-year, the lowest level over the last three years, according to the General Statistics Office (GSO).

Local gold prices hit a two-year high on June 21 as the global market continued to heat up.

Chairman of Ho Chi Minh City People’s Committee Nguyen Thanh Phong has instructed departments, wards and districts in the city to work harder towards making strong changes in administrative reforms.

Vietnam recorded a year-on-year rise of 2.71 percent in the consumer price index (CPI) between January and April of 2019, a three-year low in the period.

The surged consumption demand during the long Lunar New Year (Tet) holiday made the consumer price index (CPI) grow in February.

The gap between the gold buying and selling prices on the God of Wealth Day is wider than ever. In some gold stores, the gold selling price is even double the buying price.