Gold surpasses VND58 million per tael

Gold surpasses VND58 million per tael

Although the global gold price declined, gold exceeded VND58 million per tael (1.2 ounces) on October 12 in Vietnam.
Sixteen banks reduce lending interest rates by more than VND8.86 trillion

Sixteen banks reduce lending interest rates by more than VND8.86 trillion

Four State-owned commercial banks continue to commit to sparing a support package of VND4 trillion to cut interest rates and all banking service fees for customers in localities implementing social distancing under Directive No.16/CT-TTg of the Prime Minister.
Gold plunges sharply

Gold plunges sharply

Following a sharp decline in the global gold price, the price of gold in Vietnam fell by VND400,000 per tael compared to the previous day on September 22.