Tag: e-commerce platforms

This morning, gold prices surged to unprecedented levels, with SJC gold bullion reaching a staggering 130 million VND per tael, and gold rings nearly touching the same milestone. An unprecedented surge in demand from buyers has left gold businesses depleted, with some retailers running out of stock entirely, resulting in waiting periods of up to 15 days for eager customers eager to get their hands on the precious metal.

The VN-Index took a surprising tumble during the week's final session, bringing an end to four consecutive weeks of gains. This sudden shift highlights the intense profit-taking pressures at play in the higher price ranges, with persistent foreign sell-offs further exacerbating the situation and significantly impacting investor sentiment.

"In recent years, Vietnam has been emerging as a new economic powerhouse, according to Ramla Khalidi, the United Nations Development Programme (UNDP) Resident Representative in the country.