Gold soars VND700,000 per tael

Gold soars VND700,000 per tael

The price of gold in Vietnam jumped by VND700,000 (US$30.19) per tael (1.2 ounces) on May 20 as the global gold price rebounded.
HCMC’s CPI rises 0.33 percent in May

HCMC’s CPI rises 0.33 percent in May

The consumer price index of Ho Chi Minh City recorded a month-on-month rise of 0.33 percent in May, according to the city’s Statistics Office.
Stocks fall, gold continues to escalate

Stocks fall, gold continues to escalate

Vietnam’s benchmark VN-Index slumped nearly 56 points or 6.28 percent on March 3, the highest drop since October 3, 2001 as Asian stock markets flooded in red due to a record decline of more than 30 percent in the global oil price and unexpected developments of the Covid-19 outbreak.
Gold jumps, exchange rate, stocks decline due to Fed’s interest rate cut

Gold jumps, exchange rate, stocks decline due to Fed’s interest rate cut

The price of gold in Vietnam rose by VND500,000 per tael (1.2 ounces) compared to the previous day on March 4 as the global gold price jumped after the US Federal Reserve unexpectedly cut its benchmark interest rate by 0.5 percent to 1-1.25 percent to cope with increasing economic risks due to the Covid-19 epidemic.
US dollar exchange rate hits new record

US dollar exchange rate hits new record

The State Bank of Vietnam on September 3 listed the reference exchange rate at VND23,139 per dollar, an increase of VND6 per dollar over the last weekend, the highest level since the beginning of this year.
Gold escalates to nearly VND41.7 million per tael

Gold escalates to nearly VND41.7 million per tael

The price of gold in Vietnam soared VND800,000 per tael (1.2 ounces) to nearly VND41.7 million (US$1,796.63) per tael on August 7 as global gold price neared $1,500 an ounce.
Gold, dollar drop while stocks climb after Fed cuts interest rate

Gold, dollar drop while stocks climb after Fed cuts interest rate

The price of gold in Vietnam fell by nearly VND500,000 per tael (1.2 ounces) on August 1 as global gold price plummeted after the US Federal Reserve decided to cut interest rate of the US dollar by 0.25 percent to 2-2.25 percent per annum due to low inflation pressure and impacts caused by movements in the world after its two-day meeting at the end of July.