SBV approves NCB’s plan to increase charter capital

The State Bank of Việt Nam (SBV) has given the nod to the plan of the National Citizen Bank (NCB) to increase its charter capital by VNĐ7.5 trillion (US$295 million) through a private placement of 750 million shares to its professional investors.

Govt' to ramp up inspection on gold trading

The surge in domestic gold prices and the widening disparity with global rates recently were partly due to market psychology, driven by expectations of further international price hikes.

PM orders overhaul to improve business environment

Authorities are expected to develop practical proposals to address existing limitations, reinforce governance standards, respond swiftly to business feedback, and eliminate obstacles that hinder enterprise development.

Gold prices plunge sharply

Domestic gold prices dropped significantly in line with the global market earlier this morning. SJC gold bars fell to around VNĐ119 million per tael, while plain gold rings dropped to a low of VNĐ115 million per tael (1.33333 ounce).

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