Gold prices have been fluctuating wildly, driving a surge in demand and, unfortunately, a rise in sophisticated counterfeit gold scams. These elaborate schemes have cost jewelry stores billions of dong in losses.
According to the State Bank of Vietnam’s Branch in Region 2, remittances transferred through credit institutions and economic organizations in Ho Chi Minh City reached USD 7.969 billion in the first nine months of 2025, marking a 6.25% increase compared to the same period last year.
Investors have pledged to launch the $4.3 billion flood prevention project in Ho Chi Minh City by December 2026 at the latest, provided all obstacles are resolved by October. However, if procedural delays persist, the completion timeline will be extended accordingly.