Commercial banks will be allowed to use government-issued dollar-denominated bonds as collateral when borrowing from the central bank. The State Bank of Vietnam decided to allow lenders to use the debt as a "mortgage asset," according to a statement posted on the website of the Hanoi Securities Trading Centre Friday, where the bond auctions are held. The State Treasury raised US$100 million by selling one-year dollar bonds Friday, in the first of three domestic sales this month.
Sacombank Securities Co., Ltd (Sacombank-SBS) and Sacombank Jewelry Co., Ltd (Sacombank-SBJ) co-operated to open gold trading floors on 8 Sacombank-SBS office branches all over the country. After operating, besides proving securities trading services, gold trading agent at Sacombank-SBS is also able to provide similar services as Sacombank-SBJ such as: open account, buy/sell order and cancel. Within Sacombank-SBJ’s trading system, gold trading agent at Sacombank-SBS applies continuous automatic matching system in order to maximize customer’s investment outcome