Phú Quý Group is set to launch a new 99.9% pure silver coin in Hanoi. The 37.5-gram piece, titled “Horse Carrying the Wish-Fulfilling Jewel,” draws on traditional Eastern symbolism and reflects the company’s focus on combining craftsmanship with cultural heritage.
One of the most volatile weeks of 2026 has tested confidence in Việt Nam''s gold market, as bargain hunters return while uncertainty over global interest rates and economic conditions persists.
The proposal to allow businesses to borrow gold from the public has triggered concerns over how to effectively to unlock the vast idle assets for production while preventing risks and safeguarding system security.
VGTA proposed allowing jewellery producers to borrow gold from individuals at negotiated interest rates under civil law, arguing that such a mechanism would help unlock significant gold reserves held by the public and stabilise input supply.
The State Bank of Vietnam (SBV) has received 11 applications from companies and commercial banks seeking for licences to produce gold bars, a SBV’s senior official said on Tuesday.
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.
Việt Nam is considering listing silver bullion for trading on the Mercantile Exchange of Việt Nam to standardise transactions and improve transparency in a rapidly growing market amid volatile global prices.
Traditionally regarded as an auspicious occasion for businesspeople, the Day of the God of Wealth has long been associated with the custom of buying gold to pray for prosperity and financial luck. The ritual has evolved into a recurring seasonal...