Sunday, January 26, 2014

The Business Times: Global gold price spurs local revival

The Business Times: Global gold price spurs local revival

Link to Vietnam Business News

Global gold price spurs local revival

Posted: 25 Jan 2014 08:14 PM PST

The price of local gold yesterday rebounded by 0.8 per cent to VND35.25 million (US$1,676) per tael, driven by an improvement in global gold prices. The global price of gold improved as weak equity markets burnished the yellow metal’s safe-haven appeal. Back home, SJC gold gained VND300,000 per tael (US$14.3) to end at VND35.1-35.25 million […]

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January’s FDI slides 52.4%

Posted: 25 Jan 2014 08:12 PM PST

The General Statistics Office (GSO) reports Vietnam granted licenses to 40 foreign direct investment (FDI) projects from January 1 – 20. January's FDI capital, totalling US$211 million, represents a 50.6% decrease in volume and a 52.4% fall in value compared to a year earlier. Six other projects were authorised to add a cumulative US$186.1 million […]

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Exports down 11.5% in January

Posted: 25 Jan 2014 08:10 PM PST

The General Statistics Office (GSO) has announced Vietnamese exports fell 11.5% in January to an estimated US$10.3 billion. Domestic businesses contributed US$3.5 billion, down 17.2% from the previous month's figure and 13.8% compared to the same period last year. The foreign direct investment (FDI) sector, including crude oil, accounted for US$6.8 billion of the total, […]

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