The price of gold in Vietnam retreated from the recently-made record high of VND43 million per tael (1.2 ounces) on August 27 as global bullion price failed to maintain at a more-than-six-year high.
Vietnamese shares are forecast to extend their growth in the final week of August by a marginal rate while volatility is widely expected by analysts as buyers are believed to be cautious due to the lack of news that could bolster optimism in the market.
Vietnamese shares closed on December 26 on a positive note as large-cap stocks were boosted by expectations for better quarterly earnings and rising oil prices.
Shares rose further on both local exchanges on Thursday, boosted by some large-cap stocks, while market trading liquidity showed little improvement to strengthen investor confidence.
