The State Bank of Vietnam intends to increase the gold supply after being directed by the Prime Minister to stabilise the gold price after it reached record highs last week, Tuoi Tre is reporting. Specifically, gold reached US$86.51 a gram in Vietnam about 20 percent higher than the world gold price. The announcement from the SBV has seen the gold price drop around ten percent.
YOUR VIETNAM DAILY NEWS BRIEF | NOVEMBER 12, 2026
Financial difficulties at two major gym chains raise questions about consumer spending and household finances in Vietnam. Meanwhile, a Chinese contractor joins Vingroup’s US$3.9
YOUR VIETNAM DAILY NEWS BRIEF | NOVEMBER 11, 2026
Vietnam’s central bank moves to rebuild foreign exchange reserves despite mounting inflation pressures, raising questions about the government’s economic strategy. Meanwhile, reports of Vingroup-linked
YOUR VIETNAM DAILY NEWS BRIEF | NOVEMBER 10, 2026
Vietnam’s government forecasts a 40 percent surge in property-related revenue in 2027 despite weakening real estate transactions, raising questions about the sustainability of its
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