Market

World gold prices on May 27 continued to fall, trading around the 4,500 USD/ounce mark amidst concerns about rising inflation, causing central banks to maintain high interest rates. Domestically, gold prices across all brands also decreased, with SJC gold bars buying and selling at 157.7-160.7 million VND/tael.

Global gold prices on the afternoon of May 26 reversed course and dropped sharply to 4,521.5 USD per ounce, as geopolitical tensions in the Middle East heated up again. In the domestic market, SJC gold bars and rings both fell by 500,000 VND per tael, and were listed at 161.5 million VND per tael and 161 million VND per tael, respectively.

As Viet Nam and Thailand move toward the 50th anniversary of their diplomatic relations in 2026 and deepen ties under their newly upgraded Comprehensive Strategic Partnership, economic and trade cooperation continues to stand out as a key pillar of bilateral relations.

Viet Nam's benchmark VN-Index fell by 0.1% to 1,884.18 points on May 26. The index closed 1.85 points lower than the previous session.

Viet Nam is continuing to strengthen its position as an attractive destination for Thai investors, driven by improvements in the country’s business and investment climate as well as the newly elevated Viet Nam-Thailand Comprehensive Strategic Partnership.

Viet Nam has, for the first time, broken into the world’s top 10 crude steel producers, marking a major milestone for its fast-growing steel industry, according to the World Steel Association (Worldsteel).

Viet Nam’s benchmark VN-Index rose by 0.47% to 1,886.03 points on May 25.

Global gold prices on May 25 surged to 4,569.6 USD per ounce as geopolitical tensions in the Middle East eased. In the domestic market, gold prices across major brands also rose in line with global trends. SJC gold bars were traded at 159 million VND per tael for buying and 162 million VND per tael for selling.

Viet Nam’s fruit and vegetable export turnover in May was estimated at 614.79 million USD, unchanged from the same period last year, according to the Department of Customs.

Global gold prices fell sharply on May 23, trading at 4,506.9 USD per ounce, as rising energy prices put pressure on global inflation, thereby strengthening the possibility that the Fed will keep interest rates high. In the domestic market, SJC gold bars and rings continued to decline, quoted at 161.5 million VND per tael and 161 million VND per tael, respectively.

Domestically, gold prices across major brands remained unchanged on May 22, with SJC gold bar traded at 159.4 million VND per tael for buying and 162.4 million VND per tael for selling.

Viet Nam’s benchmark VN-Index fell 1.04% to 1,877.13 points on May 22.

In an effort to strengthen trade promotion activities in Viet Nam, Bord Bia (the Irish Food Board) – a government agency under Ireland’s Department of Agriculture – is rolling out a trade promotion campaign in Viet Nam this May.

In the May 21 trading session, weakening liquidity, coupled with strong net selling by foreign investors across all three exchanges, placed significant pressure on Viet Nam’s stock market. The VN-Index fell by more than 16 points, as real estate and energy stocks declined sharply, while banking and retail shares emerged as rare bright spots in the session.

Global gold prices rebounded strongly on May 21 amid expectations of easing tensions in the Middle East and a weakening US dollar, trading at 4,502 USD/ounce. Domestically, SJC gold bar and SJC gold ring prices reversed course and increased in line with the global uptrend, traded at 162.4 million VND/tael and 161.9 million VND/tael, respectively.

The Ministry of Construction on May 20 said it had issued a decision approving the master plan for Van Don International Airport for the 2021-2030 period, with a vision to 2050. The approval marks a step towards concretising the strategy for developing aviation transport infrastructure, creating momentum for the development of Van Don Economic Zone and Quang Ninh Province.

Viet Nam’s benchmark VN-Index rose 0.02% to 1,913.23 points on May 20.

Domestic gold prices fell on May 20 morning amid a decline in global bullion rates. SJC gold bar dropped 0.92% to 162 million VND per tael while gold ring price slid 1.1% to 161.5 million VND per tael.

Global gold prices cooled down on May 19, trading at 4,538.6 USD per ounce. In the domestic market, SJC gold bars dropped by 300,000 VND per tael, listed at 163.5 million VND per tael.

Viet Nam’s benchmark VN-Index fell 0.78% to 1,912.93 points on May 19.