Tael Two Partners Ltd, one of the two major foreign stakeholders of GTNFood Joint Stock Company, has registered to offload its entire holding in the Vietnamese food company, paving the way for Vinamilk to acquire a bigger stake in the...
The domestic gold price recorded its highest level in two years
yesterday, reaching about VND36 million (US$1,607) per tael or 1.2
ounces yesterday under the sharp rise of global prices.
Gold prices fell sharply in the Vietnamese market in the afternoon of July 16.One tael, or 1.205 ounces, of State-owned SJC''s gold was sold for VND33 million (US$1,511.3), ping VND1 million ($45.7) from two days ago.
Gold prices fell further in the Vietnamese market on Monday, with one
tael, or 1.205 ounces, of state-owned SJC gold selling for VND34 million
(US$1,557.1)
Domestic gold prices followed the downward trend in the world market and
ped by VND330,000 (US$15.7) per tael from early this week
toVND36.02 million ($1,715) per tael.
The domestic gold price fell by VND290,000, or US$13, per tael, while
the State Bank of Viet Nam cut interest rates for refinancing and
deposits on March 18.
Gold companies experienced an increase of trading volume for gold on
Thursday when the local prices for gold bottomed out to a three-year low
at around VND35.2million (US$1,675) per tael.
The State Bank of Viet Nam (SBV) held its 50th gold auction on Tuesday, auctioning up to 26,000 taels (approximately one tonne) of gold.Only 200 taels of gold remained after the auction which saw a decline in prices on the local...
For the first time in the State Bank''s last six gold auctions, 1,300 taels were left unsold on Friday. The bank offered 26,000 taels (one tonne) of gold with 16 credit institutions in attendance.
As in the rest of the world, the gold price in Viet Nam has fallen to its lowest in two years, hitting VND37.8 million ($1,800) per tael for buying and 38.1 million ($1,814) for selling.
The State Bank of Viet Nam (SBV) sold almost one tonne of gold during its 24th auction of gold bars in the capital today. Of the 26,000 taels offered, only 100 taels were
left unsold. The SBV set the reference price...