Sunday, June 26, 2011

Vietnam Business News

Vietnam Business News


Vanishing Vietnam gold causes record surplus

Posted: 25 Jun 2011 10:53 AM PDT

The Swiss trade surplus hit a record in May, with imports plunging during the month as gold imports from Vietnam vanished, the Swiss customs authority said on Thursday. Trade surplus for the month reached 3.3 billion francs (€2.6 billion, $3.9 billion), boosted by three more working days in May than a year ago. When stripped [...]


Gold pares VND200,000 per tael

Posted: 25 Jun 2011 10:51 AM PDT

The price of gold in Vietnam dropped by VND200,000 a tael (1.2 ounces) over the previous day on June 25 as global price plunged rapidly for two consecutive trading sessions. Most gold shops purchased gold at VND37.6 million and sold at VND37.7 million. Sacombank Jewelry Company bought the metal at VND37.63 million and sold at [...]


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