• Gov’t to loosen monetary, fiscal policies in 2022

    03:30 PM @ 08/02/2022
    Vietnamese gov’t plans to keep 2022’s monetary and fiscal policies as lax as as part of the Socio-Economic Development Strategy for the 2021-2030 period in 2022, with a GDP growth target of 6-6.5 percent and inflation control below 4 percent.
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  • Total annual demand for gold in Vietnam at 43 tonnes, an increase of 8% on-year

    03:14 PM @ 08/02/2022
    The World Gold Council’s latest Gold Demand Trends Report revealed that global annual demand has reached 4,021 tonnes for the full year in 2021.
    Last year's demand for jewellery in Vietnam was 12 tonnes, 11 per cent higher than the 2020 figure of 11 tonnes. But the fourth quarter saw a 12 per cent on-year fall to 2 tonnes, as the market was hit hard by COVID-19.
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  • Reference exchange rate up 9 VND

    03:09 PM @ 08/02/2022
    The State Bank of Vietnam set the daily reference exchange rate for the US dollar at 23,090 VND/USD on February 8, up 9 VND from the previous day.
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  • Gold touches over one-week high as inflation concerns boost appeal

    03:17 PM @ 07/02/2022
    Gold prices hit a more than one-week peak on Monday, as inflationary pressures due to surging oil prices helped cushion the impact of a U.S. Treasury yield rally after an upbeat jobs report, while a drop in equities also boosted bullion's appeal.
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  • Vietnamese economy to recover fast in 2022

    12:56 PM @ 07/02/2022
    Vietnam’s recovery is set to gather momentum in 2022, as domestic demand rebounds and export performance remains strong, according to Fitch Ratings.
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