Gold price at the state-owned Saigon Jewelry Company (SJC) dropped 0.15% to VND67.4 million ($2,712) per tael Tuesday.
Jewelry firm DOJI maintained its price at VND67.4 million.
Gold prices in Vietnam have gained by over 9.3% since the beginning of the year.
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Jewelry is seen at a shop in Ho Chi Minh City. |
Vietnamese bought 12 tons of gold in the third quarter, triple from the third quarter at 3.3 tons, according to the World Gold Council.
The rise in jewelry demand comes amid Vietnam's particularly robust recovery, with healthy GDP growth, incomes boosted by reversed salary cuts and companies returning to full employment, the report added.
Global spot gold fell 0.7% to $1,738.41 an ounce Tuesday.
The urban economy is expected to contribute some 75% of the national GDP by 2025 and about 85% by 2030 under an action programme of the Government.
(BGO)- The provincial People’s Committee of
Bac Giang province on November 17 held the regular meeting chaired by Deputy
Secretary of the provincial Party Committee and Chairman of the provincial
People’s Committee Le Anh Duong.
Vietnam will achieve the highest growth in the digital economy in Southeast Asia between 2022 and 2025, a report by Google, Temasek and Bain & Company has forecast.
Amid complaints from many lawmakers on the unstable fuel market, the government has promised to provide sufficient fuel for its economy to ensure smooth performance of businesses and the local market.
The Vietnamese economy is forecast to expand by 8% in 2022, surpassing the target of 6-6.5%, according to a report prepared by the Government and discussed by the National Assembly Standing Committee on October 11.
Source: VnExpress
