Vietnam central bank prepares to auction gold bars as buying fever rages

Vietnam central bank prepares to auction gold bars as buying fever rages

After a decade-plus hiatus, Vietnam’s central bank will auction SJC-branded gold bars in the coming days as it bids to narrow the gap between domestic and global prices.

Banking - Mon, Dec 22, 2021 | 11:30 am GMT+7

Cash to flow into stocks, real estate on back of gold rally, low interest rates

Cash to flow into stocks, real estate on back of gold rally, low interest rates

While gold prices have been climbing sharply, deposit interest rates remain low, and the stock market has experienced recent corrections, so where should people put their money to make a profit? The Investor spoke with Pham Manh Hung, vice head of the Research Institute for Banking, under the Banking Academy of Vietnam, about this issue.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Vietnam gold price soars to new high of $3,346 per tael

Vietnam gold price soars to new high of $3,346 per tael

Domestic SJC gold bar prices reached a record VND83.5 million ($3,346) per tael Tuesday, an increase of VND1.6 million ($64.1) in just two days.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

High gold prices increase level of risk in Vietnam: RMIT expert

High gold prices increase level of risk in Vietnam: RMIT expert

Considerable fluctuations in gold prices in Vietnam over the last two quarters have led to a high level of risk in the gold market, writes Dao Le Trang Anh, lecturer in finance at RMIT Vietnam.

Consulting - Mon, Dec 22, 2021 | 11:30 am GMT+7

Fed interest rate hike has little impact on VND

Fed interest rate hike has little impact on VND

The Vietnamese dong remained unaffected while most emerging-market currencies declined against the U.S. dollar following the U.S. Federal Reserve’s interest rate hike.

Finance - Mon, Dec 22, 2021 | 11:30 am GMT+7

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