Domestic gold price too higher than world market
The Saigon Jewelry Company Limited (SJC) has been raising the domestic gold bar prices at a much higher rate to that of gold prices in the world market.
Monopoly in gold bar production proposed to be eliminated
Mr. Huynh Trung Khanh, Vice Chairman of the Vietnam Gold Trading Association, said that because the gap between domestic and world gold prices is too high, SJC-gold buyers bear many risks, especially when domestic and international gold prices have not been connected yet.
Monopoly worries IT businesses
The Investment and Trade Promotion Center of Ho Chi Minh City (ITPC) and the city’s Department of Information and Communications on September 18 jointly organized a discussion session between Information & Communications Technology (ICT) businesses and the municipal authorities.