Friday , November 29 2024

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Gold prices rise to nine-day high

Gold prices rise to nine-day high

Saigon Jewelry Company gold bar price gained 0.26% to VND75.45 million ($3,037.85) per tael Friday morning, highest since Jan. 3. Gold ring price rose 0.24% to VND63.25 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices rose, supported by a softer dollar and escalating Middle …

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Dollar firms at nine-week high as rally continues

Dollar firms at nine-week high as rally continues

The U.S. dollar rose against the Vietnamese dong Friday morning to the highest since Nov. 4, having surged non-stop in five days. Vietcombank sold the dollar at VND24,690, up 0.22% from Thursday. The State Bank of Vietnam kept its reference rate unchanged at VND23,976. The dollar was stable at VND24,850 …

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VN’s insurance market to rebound with caution

A customer during a policy consultation. — Photo courtesy of Baoviet Life Corp HÀ NỘI — Việt Nam’s domestic insurance market managed to pull through a difficult time in 2023 but it will take time for the market to rebuild trust among consumers, according to policymakers and industry insiders. Experts …

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