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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.
Việt Nam ramps up compliance inspections for gold trading enterprises

Việt Nam ramps up compliance inspections for gold trading enterprises

In a Government Office document issued on Monday, Permanent Deputy Prime Minister Nguyễn Hoà Bình requested inspections on compliance with policies and laws for credit institutions and enterprises in gold trading activities.
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.
Gov to eliminate state monopoly on gold production

Gov to eliminate state monopoly on gold production

The change aims to foster a more competitive environment and enhance the transparency of gold trading in the country.
Vietnamese gold investment demand nears 1 billion per quarter

Vietnamese gold investment demand nears $1 billion per quarter

When measured by value, the total of gold investment in Việt Nam still rose by 12 per cent to US$997 million, indicating that long-term demand will remain strong.
Coca-Cola opens 136 million manufacturing plant in Tây Ninh

Coca-Cola opens $136 million manufacturing plant in Tây Ninh

Coca-Cola Beverages Vietnam officially inaugurated a US$136 million manufacturing plant at Phú An Thạnh Industrial Park in Bến Lức Commune, Tây Ninh Province on July 11.
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.
Experts call for tighter tax rules on gold trading

Experts call for tighter tax rules on gold trading

Recent inspections have revealed that individuals are trading gold at commercial banks, with some reporting annual turnovers in the trillions of VNĐ.
Banks warn of scams during historic gold prices

Banks warn of scams during historic gold prices

Banks have issued warnings to customers about growing risks tied to online and black market gold transactions, as scammers deploy increasingly sophisticated tactics to defraud investors and buyers.
Reform in gold trading regulations is expected to happen this month

Reform in gold trading regulations is expected to happen this month

Việt Nam expects to make a significant shift in its gold trading policies as the Prime Minister has ordered that amendments to Decree 24/2012/NĐ-CP be completed by June. This move would pave the way for businesses to legally import gold, helping...
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.
Government steps up gold market reform

Government steps up gold market reform

Persistent issues, including market manipulation, price speculation, and significant discrepancies between domestic and international prices, and gold smuggling continue to pose problems.