Infographic: Gold prices gain marginally on March 16
Vietnam gold prices rose slightly on March 16 while global rates remained mostly flat. Saigon Jewelry Company gold bar went up 0.27% to 183.1 million VND per tael. Gold ring price inched up 0.27% to 182.8 million VND per tael.
Rapidly rising demand for capital, coupled with increasingly stringent requirements for capital adequacy and risk management, is catalysing a massive capital-raising wave across the banking system. Behind the race for scale lies not only the goal of expanding credit, but also the need to strengthen financial buffers, improve asset quality and lay the foundation for safe and sustainable growth.