Inside a Bao Tin Minh Chau Jewellery and Gemstone Co Ltd shop. Gold prices in Viet Nam stood at US$1,360 per ounce on August 13. — Photo baotintuc.vn The State Bank of Vietnam (SBV) has publicised a draft circular that would adjust existing regulations managing gold trading, Thoi bao Kinh te Viet Nam (Vietnam Economic Times) newspaper reported. The draft circular would amend Circular 16/2012/TT-NHNN dated May 25, 2012 to instruct the implementation of Decree 24/2012/ND-CP issued by the Government. Under the draft circular, the SBV would cut administrative works in spot gold trading management and remove conditions on changing business licences. For example, when a company wants to change the information on its licence, the firm would be able to send a filing to the SBV and an adjustment will be approved within 15 working days. In addition, some reporting mechanisms between SBV, its local offices and businesses would be eliminated to reduce the workload and expense for both … [Read more...] about Draft circular on gold business licensing released
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National Press Festival 2019 wraps up
At the event (Source: VNA) Hanoi (VNA) – The annual National Press Festival 2019, themed “Renovated, creative, responsible Vietnamese press for the interests of the nation and people”, wrapped up in Hanoi on March 17. Speaking at the closing ceremony, permanent Vice Chairman of the Vietnamese Journalists’ Association (VJA) Ho Quang Loi said the event affirms the strong development of revolutionary Vietnamese press and reflects its responsibility for the country and people. Up to 200 exhibitors, including press agencies and journalists’ associations at all levels, joined the event. The organising board presented prizes in six types. There were 76 prizes for impressive stalls, 76 prizes for New Year cover pages, 20 prizes for interfaces, 43 prizes for impressive radio-television programmes for Lunar New Year holiday, and 23 prizes for scientific studies on press professionalism. The prizes on outstanding reportages on … [Read more...] about National Press Festival 2019 wraps up
International Women’s Volleyball Tournament opens in Bac Ninh
The competition is staged between eight teams: the Kazakhstan U23 team, a club from Fujian and another from Shanghai in China, a team from the Democratic People’s Republic of Korea, and four Vietnamese teams including Thong Tin LienVietPostBank, Kinh Bac-Bac Ninh, Tien Nong Thanh Hoa, and VTV Binh Dien Long An. The opening ceremony was held at the Bac Ninh Province Gymnasium. The teams are set to compete in two groups in a round robin format, with the best two teams from each group advancing to the next round. After the opening ceremony, a match was held between Thong Tin LienVietPostBank and the U23 team from Kazakhstan took place. Tran Viet Huong, 21, of the LienvietPostbank team stands at 1.78 meters tall. She is one of the top young talents featured in the tournament. Viet Huong and her teammates showed their determination to win the big prizes at the tournament. The total prize money on offer is up to US$40,000 with the winner set to walk away with US$15,000. There will … [Read more...] about International Women’s Volleyball Tournament opens in Bac Ninh
Unique gold products go on sale to mark God of Wealth Day
To meet the increased demand for gold, many gold companies across the country have prepared a variety of products in different shapes and sizes. DOJI Gold and Gems Group have launched their Wealth and Prosperity Red Envelope product made of 24k gold. (Photo: Kinh Te & Tieu Dung) A 24k gold coin can weigh between 4.5 grams to 18.75 grams. DOJI also offers products inscribed with an image of the God of Wealth. (Photo: Kinh Te & Tieu Dung) Phu Quy Gold Group has launched figurine sets of 24k gold zodiac animals, in total, all 12 animals are featured. (Photo: Phu Quy) They also have gold coins inscribed with images to mark the Year of the Pig. (Photo: Phu Quy) Sai Gon Jewelry Company Limited (SJC) also showcased their range of 3D figurine sets including Phuc (Happiness), Loc (Prosperity) and Tho (Longevity) with each weighing 22.5 grams. (Photo: SJC) They also have 2D pig figurines weighing 3.75 grams. (Photo: SJC) The 24k gold pig products are expected to be a best seller. … [Read more...] about Unique gold products go on sale to mark God of Wealth Day
Top 100 products, services chosen by consumers awarded
The top 100 products and services in 2018 selected by consumers are honoured in HCM City on November 29 (Photo: VNA) HCM City (VNA) – The top 100 products and services in 2018 selected by consumers were announced at a ceremony in Ho Chi Minh City on November 29. The selection programme, Tin & Dung (Trust & Consume) Vietnam 2018, was organised by the Thoi bao Kinh te Viet Nam (Vietnam Economic Times). Firms with products and services that made the shortlist include Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), HD Bank, Orient Commercial Joint Stock Bank (OCB), Maybank Kim Eng Securities, FPT, Vietjet, Saigon Alcohol Beer and Beverages Corp. (Sabeco), Hanoi Beer Alcohol and Beverage Joint Stock Corp. (Habeco), Nha Be Garment Corporation, The Reverie Saigon Hotel, and Khanh Hoa Salangane Nest Company. Launched in January this year, the programme received 21,000 paper and 61,000 online votes, recommending more than … [Read more...] about Top 100 products, services chosen by consumers awarded