Vietnam's benchmark VN-Index on Friday rose 0.59% to 1,326.05 points, its highest since May 2022. The index closed 7.83 points higher after gaining 13.51 points in the previous session.
World gold prices on May 12 continued their upward trend thanks to strong buying from central banks and the trend of diversifying foreign exchange reserves, trading at 4,729.2 USD/ounce. Domestically, the price of SJC gold bars and gold rings reversed course and increased by 1.8 million VND per tael, listed at 167 million VND/tael and 166.5 million VND/tael respectively.