gold auction

Update news gold auction

BUSINESS IN BRIEF 15/10

 Auto sales enjoy sharp September rise; Japan, Vietnam cooperate in microchip semi-conductor industry; Mekong Delta province strives to boost exports; Coal sale projected to rise in Q4

When will the State Bank stop selling gold?

After 55 bidding sessions, the State Bank had sold 1,477,800 taels of gold, or 56.8 tons. However, the gap between the world’s and the domestic prices is still big, at VND3 million per tael, or 9 percent.

BUSINESS IN BRIEF 26/8

 Land site for US$4.5-billion oil project handed over; Foreign investors keen on Vietnam’s bad debts; Software processing industry shifts to high-value segment; Services buoy banks’ revenues

BUSINESS IN BRIEF 22/8

 C. bank drafts rule on gold custody service; HAGL restructures portfolios to cut debts; HCM City’s CPI increases 0.31% in August; Samsung factory to take shape in Thai Nguyen

BUSINESS IN BRIEF 19/8

 Local firm wants to take over Nam Can Port; Rice traders fret over extra conditions for export; Expressway toll collection right to be transferred in Dec; Realty developers asked to make reports frequently

BUSINESS IN BRIEF 10/11

 State bank auctions more gold, demand stays high; $35 million factory to make automobile parts; Vinacomin coal exports decline after tax hike; Pepper Association urges caution before signing export contracts