HA NOI (VNS)— As the gold price continues to fluctuate, most commercial banks have boosted their gold holding services in a move to cater the local tradition of hoarding the precious metal.
VietNamNet Bridge – The latest statistics show that Vietnam is on track to keep inflation under control. However, experts warn there is no room for complacency as market prices fluctuate in the second half of the year.
HCM CITY(VNS)— A three-year-old low in New York gold prices has provoked a rush for the precious metal in Viet Nam, sparking a price surge last weekend.
Gold rebounded from the lowest level in 34 months, trimming the worst quarterly slump since at least 1920, as some investors deemed the decline excessive. Silver pared its biggest quarterly loss since 1980.
The Ministry of Planning and Investment recently announced that the country’s economic growth in the first half of this year was at 4.9 percent, almost equal to that in the same period last year.