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exchange

PM orders national gold trading platform proposal

PM orders national gold trading platform proposal

Prime Minister Phạm Minh Chính directs the State Bank of Vietnam to finalise documentation for national gold exchange as part of economic growth strategy.
State bank receives nine applications for gold bar production licences

State bank receives nine applications for gold bar production licences

Enterprises and banks granted gold bar production licenses will be considered for gold import permits in accordance with regulations.
US dollar drops sharply on unofficial market

US dollar drops sharply on unofficial market

Since the beginning of December, the dollar on the unofficial market has fallen by more than VNĐ700 per dollar. Compared to its peak of VNĐ28,000 in mid-November, the rate decreased by more than VNĐ900, or 2.5 percentage points.
State Bank adopts proactive policy to stabilise forex market

State Bank adopts proactive policy to stabilise forex market

As global financial fluctuations have put significant pressure on the monetary market this year, the State Bank of Việt Nam has adopted a flexible and proactive monetary policy to maintain stability. Director of the Monetary Policy Department Phạm Chí Quang...
Steel company to list on UPCoM from December 15

Steel company to list on UPCoM from December 15

VLS was established in 2019 with an initial charter capital of VNĐ42 billion, and has increased its capital four times to VNĐ245 billion as of now.
Association proposes loosening controls on gold jewellery

Association proposes loosening controls on gold jewellery

In a document sent to the National Assembly, the Việt Nam Gold Traders Association said that gold jewellery should be treated as a normal commercial product, calling for a phased roadmap to ensure transparency and avoid market disruptions.
Authorities tighten crackdown on illegal forex trading points

Authorities tighten crackdown on illegal forex trading points

The central bank requested its branches in Region I and Region II to coordinate with police forces to identify and shut down unauthorised money-changing locations.
Domestic gold price plummets after global price slips below 4,000 per ounce

Domestic gold price plummets after global price slips below $4,000 per ounce

Gold bar prices ped by VNĐ1.7 million per tael for both buying and selling, down to VNĐ145.7-147.2 million per tael.
Central bank requires inspection to stabilise forex market

Central bank requires inspection to stabilise forex market

Compared to the beginning of October, the US dollar price listed at banks decreases by about VNĐ94, but it increases very strongly by VNĐ1,100 in the unofficial market.
SBV announces plans for gold exchange to mobilise domestic gold resource

SBV announces plans for gold exchange to mobilise domestic gold resource

The SBV aims to develop a comprehensive approach to gold trading that includes secure custody, certification, settlement and effective technology solutions.
Việt Nams U2U Network to be listed on global crypto exchange Kraken

Việt Nam’s U2U Network to be listed on global crypto exchange Kraken

U2U Network, a layer-1 blockchain platform developed by Vietnamese engineers, has announced that its native token, $U2U, will be listed on Kraken, one of the most reputed and strictest digital asset exchanges in the world, on October 17.
SBV announces plans for gold exchange to mobilise domestic gold resource

SBV announces plans for gold exchange to mobilise domestic gold resource

The SBV aims to develop a comprehensive approach to gold trading that includes secure custody, certification, settlement and effective technology solutions.
VN-Index drops over 24 points on strong selling force

VN-Index drops over 24 points on strong selling force

Also weighing on the market, foreign investors were active today but leaned towards net selling, with a value exceeding VNĐ1.75 trillion on the two main bourses.
Reference exchange rate falls further following Fed decision

Reference exchange rate falls further following Fed decision

The move came right after the US Federal Reserve (Fed) announced its first interest rate cut of this year.
Commodity exchange marks 15 years of trading growth

Commodity exchange marks 15 years of trading growth

The Mercantile Exchange of Vietnam (MXV) has marked its 15th anniversary, highlighting a journey of establishment and strong growth in the country''s domestic commodity trading market.