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Dollar downtrend extends against dong

Dollar downtrend extends against dong

The U.S. dollar continued to fall against the dong Wednesday morning at both commercial banks and unofficial exchange points. Vietcombank sold the dollar at VND23,650 Wednesday, down 0.42% from Tuesday. The greenback is now hovering around a three-month low at the state-owned lender. Eximbank sold the greenback at VND23,620, down …

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Finance ministry seeks to ease bond market difficulties

Finance ministry seeks to ease bond market difficulties

The Ministry of Finance has proposed a number of measures to ease difficulties for bond issuers after a recent crackdown on violations deterred businesses from venturing into the market. In a draft decree that is being reviewed by other government agencies, the ministry has proposed that bonds can have their …

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Gold prices gain

Gold prices gain

SJC gold prices went up 0.3% to VND67.1 million per tael Wednesday. Gold ring prices inched up 0.37% to VND54.2 million per tael. A tael equals 37.5 grams or 1.2 ounces. Global gold prices traded in a narrow range on Wednesday, as investors awaited the U.S. Federal Reserve’s policy decision …

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