The move came as the dollar index (DXY) hovered around a four-month high of more than 105, with the market welcoming Donald Trump's victory in the US presidential election.

VOV.VN - The State Bank of Vietnam (SBV) announced on July 30 a direct selling price of SJC gold bars to four State-owned commercial banks and Saigon Jewelry Company (SJC) at VND78 million per tael, down VND500,000 compared to the previous week.

VOV.VN - Overseas remittances to Ho Chi Minh City during the first half of the year reached nearly US$5.2 billion, marking an increase of 19.5% on-year, Nguyen Duc Lenh, deputy director of the State Bank of Vietnam (SBV)'s Ho Chi Minh City branch, said on July 18.

VOV.VN - Under the State Bank of Vietnam (SBV)’s new move to stabilize the gold market and narrow the gold price gap, people who wish to purchase SJC gold can go to any of the four major state-owned commercial banks to carry out transactions to buy gold, according to industry insiders.

VOV.VN - In a gold auction on May 21, 7,900 taels (equivalent to 70 lots) of SJC-brand gold bullion were successfully sold out of the 16,800 that the State Bank of Vietnam (SBV) offered for sale.

VOV.VN - About 3,400 taels of SJC-branded gold bars changed hands at a gold bullion auction held by the State Bank of Vietnam in Hanoi on May 8.

The State Bank of Vietnam (SBV) will increase the supply of gold bullion to handle the existing huge difference in domestic and world gold prices, SBV Deputy Governor Pham Thanh Ha told the press on April 12.

VOV.VN - The State Bank of Vietnam's (SBV) competent authorities can conduct unscheduled inspections of credit institutions in order to ensure their compliance with monetary and banking legal regulations from next month, according to a newly issued circular which will become effective from February 8.

The State does not encourage the trading of gold bars, protect their prices, nor accept too large differences between domestic and global gold prices, and between SJC and other types of gold bars, said Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu.

Vietnam’s credit growth reached around 13.5% in 2023 although unprecedented developments of the global economy posed formidable challenges to the country’s monetary policy, Deputy Governor of the State Bank of Vietnam (SBV) Dao Minh Tu said on January 3.