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On Monday, the price of gold in Vietnam increased as global rates reached an unprecedented level due to expectations of further reductions in interest rates. The Saigon Jewelry Company saw a 0.57% increase in the price of their gold bars, rising to VND157.5…
The US Federal Reserve has announced a reduction in interest rates by 0.25 percentage points, marking the third consecutive cut this year. However, further reductions in the near future seem unlikely. Federal Reserve’s Position According to Jerome Powell, the…
Vietnam gold bar prices rose on Monday afternoon as global bullion rates recovered from a one-month low. On Monday, the price of gold bars from the Saigon Jewelry Company increased by 0.25%, reaching VND119.5 million (approximately US$4,578.98) per tael,…
Vietnamese gold prices remained stable on Wednesday afternoon, even as global bullion rates slipped slightly. In the heart of Ho Chi Minh City, the price of gold bars offered by the Saigon Jewelry Company was consistent at VND119.6 million (approximately…
Gold prices in Vietnam experienced a dip on Wednesday morning, following a global trend of declining bullion rates. The price of gold bars from Saigon Jewelry Company fell by 0.41%, settling at VND120 million (approximately US$4,622.94) per tael. Meanwhile,…
In a market flush with volatility, Vietnam’s gold prices slipped on Monday, reflecting a contrasting trend in the global bullion market where prices surged. This divergence highlights the complex dynamics of consumer trends and trading behaviors. Local Market…
Apartment prices in Hanoi and Ho Chi Minh City continued to rise in the third quarter, going up by 0.24 percent and 0.35 percent from the previous quarter. According to the Ministry of Construction, lower-end apartments in Hanoi, often built in developing…
VPBank announced it has offered a rate of 9.2 per cent per year for five-year certificates of deposit. VietA Bank has also listed a high rate of 8.2 per cent per year for certificates of deposit with tenure of just six to 18 months. The rate at Sacombank is…
The Ministry of Industry and Trade (MoIT) has not yet decided to adjust power tariffs this year and has been calculating basic prices, the ministry yesterday announced at an electricity production cost conference in Hà Nội. The ministry said that EVN is…
Indian operators Bharti Airtel and Vodafone are squaring off with Reliance Jio Infocomm and Tata Teleservices in court over regulator Trai’s recent decision to fix interconnection rates. Trai recently set interconnection rates at zero for landline to wireless…
Thai state-owned operator CAT Telecom will cut its wholesale 850-MHz network leasing prices by 10% to help the companies using the network under an MVNO model improve profit margins. CAT plans to implement the price cuts by the end of the year, citing…
“Instead of going into the property market, (capital flows) could go out and ease the property market, and that could strike consumers’ confidence and I think the economy next year may not perform so well”, said Paul Tang, chief economist at Bank of East Asia…
DHL Express has announced its annual general average price increase, which will come into effect on 1 January next year. In Germany and in the UK, the average price increase will be 3.9%. Globally, price adjustments will vary from country to country,…
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