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Inflation and Growth: The Inseparable Twins of Economic Prosperity

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According to this expert, the risk of inflationary explosion remains latent as the money supply surges, with credit in the first eight months soaring 1.4 times higher than the same period last year, while the velocity of money stands at a mere 0.6%.

Dr. Can Van Luc: State Bank’s Monetary Policy Room Extremely Limited, Further Interest Rate...

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According to this expert, further reducing interest rates would be perilous due to concerns over "currency outflows," not to mention the potential strain on the money supply and inflation dynamics.

Gold SJC Buy Prices Vary Across Locations

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This morning (September 27th), SJC gold bars were sold at 134.5 million VND per tael, with a significant disparity in buyback prices among businesses, reaching up to 1 million VND per tael. Domestic gold prices are currently nearly 15 million VND per tael higher than international rates.