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gold market

Owner of Bảo Tín Minh Châu gold firm faces accounting violation charges

Owner of Bảo Tín Minh Châu gold firm faces accounting violation charges

Investigators initially determined that the company’s actual revenue was about VNĐ13.7 trillion (US$520.19 million), a difference of about VNĐ9.7 trillion against tax reporting, causing a loss of about VNĐ150 billion to the State budget.
PM orders national gold trading platform proposal

PM orders national gold trading platform proposal

Prime Minister Phạm Minh Chính directs the State Bank of Vietnam to finalise documentation for the national gold exchange as part of economic growth strategy.
PM orders national gold trading platform proposal

PM orders national gold trading platform proposal

Prime Minister Phạm Minh Chính directs the State Bank of Vietnam to finalise documentation for national gold exchange as part of economic growth strategy.
State bank receives nine applications for gold bar production licences

State bank receives nine applications for gold bar production licences

Enterprises and banks granted gold bar production licenses will be considered for gold import permits in accordance with regulations.
Association proposes loosening controls on gold jewellery

Association proposes loosening controls on gold jewellery

In a document sent to the National Assembly, the Việt Nam Gold Traders Association said that gold jewellery should be treated as a normal commercial product, calling for a phased roadmap to ensure transparency and avoid market disruptions.
Domestic gold price plummets after global price slips below 4,000 per ounce

Domestic gold price plummets after global price slips below $4,000 per ounce

Gold bar prices ped by VNĐ1.7 million per tael for both buying and selling, down to VNĐ145.7-147.2 million per tael.
SBV announces plans for gold exchange to mobilise domestic gold resource

SBV announces plans for gold exchange to mobilise domestic gold resource

The SBV aims to develop a comprehensive approach to gold trading that includes secure custody, certification, settlement and effective technology solutions.
SBV announces plans for gold exchange to mobilise domestic gold resource

SBV announces plans for gold exchange to mobilise domestic gold resource

The SBV aims to develop a comprehensive approach to gold trading that includes secure custody, certification, settlement and effective technology solutions.
ACB becomes first bank to launch its own gold bullion brand, trading begins October 10

ACB becomes first bank to launch its own gold bullion brand, trading begins October 10

ACB will become the first bank in Việt Nam to issue its own branded gold bullion, in addition to trading the State-issued SJC gold.
Việt Nam turns gold plan into bold plan

Việt Nam turns gold plan into bold plan

A gold exchange is a strategic move towards transparency and deep integration.
PM urges stricter control of the gold market

PM urges stricter control of the gold market

Prime Minister Phạm Minh Chính has directed authorities to prevent manipulation, hoarding, and price gouging in the gold market.
VCCI proposes to abolish regulation on gold import-export licences

VCCI proposes to abolish regulation on gold import-export licences

VCCI proposed to abolish the gold import-export licence as gold import licences are only issued to gold production enterprises.
Gold market structure needs to fundamentally change

Gold market structure needs to fundamentally change

Many experts believe that in order to sustainably stabilise the domestic gold market, it is necessary to realise the requirement of eliminating the monopoly of gold bars, as directed recently by the General Secretary Tô Lâm.
Six gold trading enterprises and banks fined

Six gold trading enterprises and banks fined

The State Bank of Việt Nam (SBV) has identified numerous violations in gold trading across several enterprises and banks.
Party chief urges better integration of Việt Nams gold market with global systems

Party chief urges better integration of Việt Nam's gold market with global systems

Party General Secretary Tô Lâm requested that the State''s monopoly on gold bullion branding should be dismantled in a controlled way, with the principle that the government retains oversight of bullion production.