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Gold trading floors dying slow, lackluster death
The Government has ordered gold trading floors to close by March 30 , 2010 at the latest, but most have already stopped lending for gold investment since January 15. They have also announced closures prior to the deadline. Immediately after the announcement, the atmosphere at gold exchanges began to “die”,
Gold investment and trading companies are worried about business
However, an official of the SBV said the central bank did not encourage people to trade gold via accounts due to risks. Such transactions are like a casino and investors will have to bear all consequence, the official explained why such a draft was put forth.
Golden Bridge Capital Co Gets OK to Open Rep Office in Vietnam
. Golden Bridge Capital Co., Ltd of South Korea has just got a license from the State Bank of Vietnam, the country’s central bank, to make debut a representative office in Vietnam’s southern economic hub-Ho Chi Minh City, the SBV said. .Under the license, the representative office bears the name of
Golden Bridge Capital Co Gets OK to Open Rep Office in Vietnam
Under the license, the representative office bears the name of Golden Bridge Capital Co.,Ltd – Ho Chi Minh City Representative Office and helps accelerate and supervise the South Korean firm’s signed contracts with local credit institutions and firms, it noted.
Vietcombank H1 Pretax Profit of VND2,450B Meets 75 per cent of Year's Target
The Joint Stock Bank for Foreign Trade of Vietnam (VCB) made pretax profit of VND2,450 billion in the first half this year, fulfilling 75 per cent of its yearly target,
Bank For Agricultural Of Ho Chi Minh City
These are some of the leading stories in the official Vietnamese press on Tuesday. Reuters has not verified these stories. -- Partly private Dong A Bank said it made a
PetroVietnam Asked to Rebuild Financial Plan for Dung Quat Refinery
The US$3.1-billion refinery has to date produced gasoline A92, kerosene, diesel oil, and liquefied petroleum gas (LPG) for the market. The plant had sold a total of 5,630 tons of
Sheraton set for Nha Trang market entry
The Sheraton Nha Trang, located in the central coastal city of Khanh Hoa Province, will host its soft opening on March 19 to welcome both business and leisure travellers. The
Dana - Italy Steel JSC applies for listing shares on northern bourse
Hanoi Stock Exchange (HNX) announced to receive application profile for listing 15 million shares of Dana - Italy Steel Joint Stock Co on March 19, 2010. The company with chartered
Low-income Apartment Segment Attracts Investors
While the apartment block segment has not yet seen recovery; low-cost houses are attracting speculators attention, which has helped to form a sudden price hike in realty in the west
Vietnam garment exports set to rise as industry holds line on prices
Viet Nams garment industry has a worldwide reputation for making competitively priced and high quality garments, a survey conducted by the US-based non-profit group Kearny Alliance has found.
Vienam eeal estate developers race to build skyscrapers
Thirty-seven, sixty-eight, seventy, even 102 storeys - in Hanoi and Ho Chi Minh City, bigger and bigger buildings are reshaping the skyline. Most skyscraper projects have been developed by heavyweights