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Update news black market
VietNamNet Bridge – The State Bank of Viet Nam has said no to the Viet Nam Gold Trading Association (VGTA)’s proposal to mobilise privately owned gold.
VietNamNet Bridge – “Hybrid credit”, which shares characteristics of both bank credit and black-market credit, is becoming more common in Vietnam.
VietNamNet Bridge – The black credit, which was burning low, has flared up when the official credit channels get frozen. It has been described by economists as a serious defect of the financial system.
Thieves stole a horde of exotic reptiles from an Australian zoo, including a baby alligator, leaving their keepers fearing they could be destined for the black market.
VietNamNet Bridge – Pham Chi Mai, 26, has been struggling to pay off her credit cards after an impromptu spending spree three years ago. The money she has borrowed has now reached nearly VND100mil - rather a lot of credit for someone her age
VietNamNet Bridge – Overseas remittances to Vietnam were estimated to total 10 billion USD last year, the highest figure for the last four years.