The Finance Ministry is calling for comments on a proposal to raise the tax on mining iron ore, titanium, gold, copper and several other minerals by 3 to 10 percentage points.
Gold rebounded to trade above $1,400 an ounce as equities retreated and the dollar’s rally halted, boosting demand for the metal as a store of value. Silver, platinum and palladium increased.
Vietnamese inflation slowed to its weakest pace in eight months in May, official data showed on Friday, in the latest sign that the economy is cooling.
VietNamNet Bridge – The State Bank of Vietnam (SBV) this year will be selling more than 30 tons of gold and importing a corresponding volume to help banks maintain their gold positions and meet market demand, said a source from the central bank.
VNS - The country's maximum economic growth would be 5.35 percent this year, according to the Vietnam Annual Economic Report 2013 that was unveiled in Hanoi on May 27.