Vietnam Business & Weather Briefing (Sep 12): Moody’s upgrades ratings of 12 Vietnamese banks
Business Briefing Gold rate: VND 66.15 million per tael (buying) – VND 66.97 million per tael (selling) Reference exchange rate: VND 23,253/USD Banking news: Moody’s upgrades ratings of 12 Vietnamese banks Export news: Vietnam runs trade surplus of USD 3 billion with the UAE Weather Forecast Cloudy weather remains in most provinces. Business Briefing Gold rate While the global gold price tends to increase, the domestic gold price this morning (September 12) stood still. SJC gold in Hanoi and Da Nang is bought at VND 66.15 million per tael and sold at VND 66.97 million per tael. In Ho Chi Minh City, SJC gold is bought at the same level as in Hanoi and Da Nang but sold for VND 20,000 less. Reference exchange rate The State Bank of Vietnam set the daily reference exchange rate for the US dollar at VND 23,253/USD on September 12, down VND 10 from the last working day of the previous week (September 9). With the current trading band of +/-3 percent, the ceiling rate