Govt vacillates on incentives in special economic zones

The Government plans to develop three special economic zones, which it hopes will spearhead the country’s growth. They will be located in the coastal district of Vân Đồn in the northern province of Quảng Ninh, Bắc Vân Phong in the central province of Khánh Hoà and Phú Quốc Island.

PNJ to expand retail system, online sales

Phú Nhuận Jewelry Joint Stock Company (PNJ) has said it will further expand its retail network and online sales and carry out customer segmentation to offer tailor-made designs meeting the needs of every customer.

VN ranks 8th among world’s top gold consumers

Việt Nam ranks eighth among the countries in the world with the highest gold consumption in the first quarter of 2017, shows a recent report by the World Gold Council.

VN gold consumption falls 23% Viet Nam's gold consumption in the second quarter reached 14.5 tonnes, down 23 per cent in comparison with the first quarter, according to a report on gold trends released recently by the World Gold Council.

SBV to buy ‘idle' gold bars for forex reserve The State Bank of Viet Nam (SBV) will buy gold bars lying idle with domestic individuals and organisations to increase Viet Nam's foreign exchange reserves as and when conditions permit.

PR firms remain attractive for foreign buyers Earlier this month Japanese multinational media and digital marketing communications firm Dentsu Aegis Network signed an agreement to acquire a stake in Emerald Co. Ltd, a leading full service digital marketing agency in Viet Nam.

Gold prices remain stable ahead of Tet Domestic gold prices are currently hovering at a low of VND35 million per tael, in contrast with previous years when people used to flock to jewellery stores ahead of Tet.

Domestic gold demand suffers sharp downturn Viet Nam's demand for gold declined sharply quarter-on-quarter by 27 per cent in volume and 29 per cent in value in the third quarter of 2014.

Domestic gold demand posts sharp drop in second quarter The demand for gold declined sharply by 42 per cent in volume and 48 per cent in value in the second quarter over the same period last year.

SBV vows vigilance as forex, gold prices tumble The price of gold at commercial banks declined sharply yesterday after the State Bank of Viet Nam announced a commitment to stabilising the gold and forex market.