Gold mining project in central Vietnam at legal standstill

Gold mining project in central Vietnam at legal standstill

A gold mining project with an annual designed capacity of 13,800 tons of ore in Vietnam’s central province of Nghe An is on hold due to legal issues.

Industries - Sun, May 19, 2024 | 1:03 pm

Police to join Vietnam central bank-led gold market inspections

Police to join Vietnam central bank-led gold market inspections

Representatives from the Ministry of Public Security will join central bank-led inspection teams that are looking into gold trading at local credit institutions and companies.

Finance - Sat, May 18, 2024 | 11:44 am

Massive imports unnecessary to narrow Vietnam-international gold price gap: researchers

Massive imports unnecessary to narrow Vietnam-international gold price gap: researchers

There’s no need for Vietnam to import large quantities of gold to reduce domestic-global price disparity since it does not truly reflect supply-demand imbalances, a think tank has said.

Finance - Fri, May 17, 2024 | 7:31 pm

Vietnam further tightens gold trading amidst non-stop price hikes

Vietnam further tightens gold trading amidst non-stop price hikes

The Vietnamese government is taking more aggressive action toward reining in the local gold market as prices of the metal remain high despite the central bank releasing more supply.

Finance - Fri, May 17, 2024 | 10:52 am

Denmark jewelry maker Pandora breaks ground on $150 mln facility in southern Vietnam

Denmark jewelry maker Pandora breaks ground on $150 mln facility in southern Vietnam

Pandora, the world’s largest jewelry brand, broke ground on its new $150 million crafting facility in the Vietnam-Singapore Industrial Park 3 (VSIP 3) on Thursday in Binh Duong province, about 40 km north of Ho Chi Minh City.

Industries - Fri, May 17, 2024 | 8:18 am

Vietnam gov’t vows to tighten gold market as high prices linger

Vietnam gov’t vows to tighten gold market as high prices linger

The Vietnamese government is taking action to tighten control over the local gold market as prices of the precious metal remain high despite the central bank’s resumption of auctions after an 11-year hiatus.

Finance - Wed, May 15, 2024 | 11:14 am

Vietnam central bank eases conditions, sells 48% gold offered at sixth auction

Vietnam central bank eases conditions, sells 48% gold offered at sixth auction

Easier conditions helped Vietnam’s central bank sell 8,100 taels of gold Tuesday, 48.2% of the volume offered in the sixth auction since it resumed auctions last month after 11 years.

Finance - Tue, May 14, 2024 | 3:37 pm

Vietnam gold prices plummet as authorities call for fight against speculation

Vietnam gold prices plummet as authorities call for fight against speculation

Prices of gold bullion nosedived on Monday morning after the government asked relevant authorities to inspect and handle all potential violations in the gold market.

Finance - Mon, May 13, 2024 | 11:01 am

Bao Tin gold trading clan looks for Midas touch in other ventures

Bao Tin gold trading clan looks for Midas touch in other ventures

More than 30 years since Luong Thi Dien and Vu Van Kham founded a gold trading business, Bao Tin has become a household name in Vietnam’s gold and jewellery market.

Companies - Sun, May 12, 2024 | 9:22 am

Danang - The 'old but gold' summer destination for travellers

Danang - The 'old but gold' summer destination for travellers

Danang’s attractions as a summer destination are varied and well known, with its beaches praised as the most beautiful in Southeast Asia.

Travel - Fri, May 10, 2024 | 11:26 am

Vietnam gold prices continue raging

Vietnam gold prices continue raging

Gold prices in Vietnam broke the psychological threshold of VND90 million ($3,537) a tael, a record high, on Friday morning, tracking a global surge.

Finance - Fri, May 10, 2024 | 11:18 am

Gold bullion prices in Vietnam still head north, US dollar strengthens

Gold bullion prices in Vietnam still head north, US dollar strengthens

Prices of SJC-branded gold bars have been revised up continuously on Thursday, reaching a record high in the early afternoon, while the U.S. dollar gained against the Vietnamese dong.

Finance - Thu, May 9, 2024 | 3:43 pm

Vietnam gold bullion prices hit new high amid lukewarm response to auctions

Vietnam gold bullion prices hit new high amid lukewarm response to auctions

Gold biscuit prices jumped to an all-time high in Vietnam Tuesday, following global price movements, even as firms remained uninterested in central bank auctions of the previous metal.

Finance - Tue, May 7, 2024 | 3:29 pm

Jewelry mogul Doji expands investment portfolio beyond gold

Jewelry mogul Doji expands investment portfolio beyond gold

Doji Gold & Gems Group JSC, Vietnam’s leading jewelry maker, has expanded its investment portfolio, ranging from its pillar arm of gold and silver to finance, banking, and real estate.

Companies - Wed, April 24, 2024 | 9:42 am