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Update news gold
To buy gold for luck on the God of Wealth Day (the 10th day of the lunar year - January 31), many Hanoians queued in front of gold shops on Tran Nhan Tong and Cau Giay streets from 3 am.
Wealthy people in Vietnam are willing to spend money for their villas, ornamental plants and cars.
The police have broken up a huge gold smuggling ring from Cambodia to Vietnam, said Lieutenant General To An Xo, spokesperson for the Ministry of Public Security of Vietnam.
The hobby of wearing gold all over the body has attracted the attention of the public, even foreign news sites.
Mr. Loi has a luxury automobile and a dazzling gold-plated vintage car, and also wears jewelry consisting of more than 50 taels of 18K gold.
Thousands of people flocked to gold stores in Hanoi on February 21 - the God of Wealth Day - to buy gold.
This year jewellery companies have prepared special products for the God of Wealth Day, which falls on February 21.
People in Hanoi have started to queue to buy gold on the God of Wealth Day since early morning on February 3 or 10th day of the Lunar New Year.
Jewellery shops and companies have stockpiled large numbers of “lucky” gold products to meet the surging demand on the God of Wealth Day on the 10th day of the new lunar year, which falls on February 3.
Gold prices declined on Tuesday after touching a four-month high, but the uptrend is unlikely to stop.
The Ho Chi Minh Museum and the Stamp Company have recently issued 50 gold coins of 20 VND in domination, used by President Ho Chi Minh as gift for ministers, senior officials and diplomatic guests.
Police in Thanh Hoa arrested three Chinese nationals on June 20 for allegedly stealing cash.
VietNamNet Bridge – Vietnam’s football team are aiming for SEA Games gold for the first time this year after their stunning success in 2018.
With the VN Index increasing sharply by 48 percent in 2017, stocks were the assets with the highest profitability. No other assets, except bitcoin, brought such impressive profits.
The Government Office last week sent a written document to the central bank governor, referring to the mobilisation of idle gold and foreign currency sources from the people.
How to mobilise idle foreign currency and gold from locals to invest in business and production has become a hot issue recently, with the Government last week once again asking the State Bank of Vietnam (SBV) to consider proposals.
Phan Cong Minh of Viet Nam won a gold medal in the men’s 25m standard pistol individual event at the Southeast Asian Shooting Championships at Subang Shooting Range, Malaysia, yesterday.
VietNamNet Bridge - The demand for capital for investment and development remains high, but 500 tons of gold kept by the people, a huge source of capital, has been forgotten.
The finance ministry (MoF) has increased the export duty on gold jewellery of more than 95 per cent purity from zero to two per cent.
VietNamNet Bridge - The World Gold Council (WGC) has reported that Vietnam consumed 69.1 tons of gold in 2014. However, Vietnamese experts disagree with that assessment.