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SJC gold price gained 0.38% to VND66.8 million ($2,821.55) per tael Saturday morning. Gold ring price went up 0.74% to VND54.8 million per tael. A tael equals 37.5 grams or 1.2 ounces. Globally gold prices jumped nearly 2% on Friday, driven by a slide in U.S. Treasury yields and broader …

Of 18,000 people in HCMC who have sought loans to buy or build social housing in the last five years, only 1.7 % has managed to get them. Nguyen Duc Lenh, deputy director of the State Bank of Vietnam’s Ho Chi Minh City Branch, said that since 2018 his bank …

Chinese President Xi Jinping on Saturday nominated Li Qiang to become premier during the ongoing annual meeting of China’s rubber-stamp parliament, a role charged with managing the world’s second-largest economy. Li, the former Communist Party chief of Shanghai, China’s largest city, will replace Li Keqiang, who is retiring during the …