Market

Viet Nam’s benchmark VN-Index fell by 1.82% to 1,652.54 points on October 27.

Global gold prices on October 27 extended their downward trend following a week of decline, trading around 4,075 USD per ounce. In the domestic market, SJC gold bars fell to about 148.9 million VND per tael, while ring gold traded close to that level, at around 148.3 million VND per tael.

Following the sharp downturn in global gold prices, domestic gold prices in Viet Nam also fell across the board on October 24. In the afternoon session, SJC gold bars traded at 149.2 million VND per tael, while gold rings were priced at 148.6 million VND per tael — down 1.3 million VND per tael from the morning session and 1 million VND per tael compared to the previous day’s close.

Following the downward trend of global gold prices, domestic gold prices also declined sharply on October 24 afternoon. SJC gold bars were traded at 148.5 million VND per tael, down 1.3 million VND from the morning session and 1 million VND compared to yesterday's closing price.

Viet Nam’s benchmark VN-Index fell by 0.23% to 1,683.18 points on October 24.

Global gold prices rose on October 23 as investors rushed to bottom-fish after the precious metal had dropped by several hundred USD in recent days, trading at 4,123.6 USD per ounce. In the domestic market, SJC gold bars and rings both reversed course, each increasing by around one million VND per tael, and were listed at 149.5 million VND per tael and 148.7 million VND per tael, respectively.

Viet Nam's benchmark VN-Index rose 0.51% to 1,678.06 points on October 23. The index closed 8.56 points higher after gaining 15.07 points in the previous session.

In the domestic market, SJC-branded gold bars followed the global downtrend on October 22, trading at 148.5 million VND per tael, while gold rings were quoted at 146.5 million VND per tael.

Viet Nam’s benchmark VN-Index increased by 0.91% to 1,678.50 points on October 22.

Vietjet and global aviation education leader Airways Aviation have signed a strategic partnership to train high-quality personnel for the global aviation industry.

Stability returned to Viet Nam’s stock market on October 21 following a historic drop of more than 95 points. Blue-chip stocks traded in positive territory, helping the VN-Index close up 27 points (+1.65%) at 1,663.43 points.

Global gold prices on October 21 remained at elevated levels, trading at 4,297.6 USD per ounce. In the domestic market, SJC gold bars and rings surged sharply, quoted at 153.9 million VND per tael and 153.3 million VND per tael, respectively.

Global gold prices on October 20 rebounded to 4,310 USD per ounce. In the domestic market, SJC gold bars rose to 151.5 million VND per tael, while gold rings traded at 150.2 million VND per tael, remaining unchanged from the end of last week.

Viet Nam’s benchmark VN-Index fell by 5.47% to 1,636.43 points on October 20.

Global gold prices dropped sharply on October 18 to 4,246.8 USD per ounce, following a wave of profit-taking by investors and the strengthening of the US dollar. In Viet Nam, both SJC gold bars and rings fell steeply, losing 2 million VND per tael, with prices listed at 151 million VND per tael and 150.2 million VND per tael, respectively.

Although the EU – Viet Nam Free Trade Agreement (EVFTA) has elevated the economic and trade relations between the two sides to new heights, there remains vast potential for further development, requiring joint efforts from management agencies and business communities, heard a forum held in Ho Chi Minh City on October 17.

In Vietnam’s domestic market, SJC-branded gold bars surged sharply to 152.2 million VND per tael, while gold rings nearly caught up, reaching 151.5 million VND per tael.

Viet Nam’s benchmark VN-Index fell by 2.02% to 1,731.19 points on October 17.

A Viet Nam–Singapore business networking event was held in Singapore on October 16, focusing on the electrical, electronics, electrical equipment, semiconductor, and industrial manufacturing sectors.

In recent years, international e-commerce platforms have helped Vietnamese products to reach more customers and markets, becoming an important export channel for domestic manufacturers.