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Bao Tin Manh Hai Jewelry JSC, one of Vietnam's largest gold retailers, is preparing for an initial public offering in the fourth quarter as it pursues an aggressive expansion plan and seeks to capitalize on gold reforms aimed at opening up the market....
Lynas Rare Earths Ltd. will join forces with South Korea's LS Cable & System Ltd. to explore development of a rare earths metals production plant in Vietnam....
Along Hanoi's busiest gold trading street, dozens of storefronts gleam with bullion bars and jewelry. On Friday, however, shopkeepers sat idly behind glass counters, waiting for customers as Vietnam ended its decades-long monopoly on bullion trade and production, the first major liberalization of the market in more than a decade....
Vietnam is opening up its gold market, ending a state monopoly on imports and exports of raw bullion as well as producing bars, in a move that may boost supply and narrow a gap between local and global prices....