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gold bar

Small gold tax proposed to prevent speculation

Small gold tax proposed to prevent speculation

Under the proposal, sellers would be required to pay tax based on the total transfer value of each deal, regardless of whether the transaction results in a profit or a loss.
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.
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.
SBV asks licensed gold retailers to display signage amid market volatility

SBV asks licensed gold retailers to display signage amid market volatility

The move followed a warning issued the same day by SJC regarding counterfeit websites and Facebook pages which are impersonating its brand to deceive consumers.
SBV reports to National Assembly on record-high gold price disparity

SBV reports to National Assembly on record-high gold price disparity

The State Bank of Vietnam said it will monitor gold markets closely and coordinate with agencies to manage and stabilise the market within its authority.
Gold price hits new record

Gold price hits new record

At 10am on April 22, Saigon Jewelry Company (SJC) listed gold bar prices at VNĐ120.5-122.5 million per tael.
Gold prices break all records

Gold prices break all records

Similar to gold bars, the price of gold rings has continuously set new records.
First bank to stop selling gold via website, officially selling gold via app

First bank to stop selling gold via website, officially selling gold via app

Vietcombank announced that starting from 10 am on Tuesday, customers could buy gold via its digital banking application.
Global gold demand hits record highs, supporting rising prices in Q2

Global gold demand hits record highs, supporting rising prices in Q2

The country''s total demand for gold bars and coins was 26 tonnes in the first half of this year, the highest level since 2014, according to the report. 
City forms task force to enhance monitoring of gold bar transactions

City forms task force to enhance monitoring of gold bar transactions

HCM City authorities have established a task force aimed at enhancing the monitoring of gold bar transactions in the city to tackle speculation.
Central bank suspends gold bar auctions, announces market inspections

Central bank suspends gold bar auctions, announces market inspections

The State Bank of Vietnam has halted its gold bullion auctions and will introduce a new strategy to stabilise gold prices as early as June 3.
Gold bar auction to be resumed after 11 years of suspension

Gold bar auction to be resumed after 11 years of suspension

The State Bank of Việt Nam will resume gold bar auctions in an effort to improve supply to the market after 11 years of suspension.
SBV to increase gold bar supply to stabilise domestic market

SBV to increase gold bar supply to stabilise domestic market

This is one of the bold solutions raised by the SBV after the Prime Minister Phạm Minh Chính asked for prompt efforts to be taken to stabilise the domestic gold market, ensuring its transparent, healthy and efficient operation.
New regulation on management of gold bar production issued

New regulation on management of gold bar production issued

After many days under strong fluctuation, domestic gold price has become more stable after the issuance of the SBV’s Decision 02/QĐ-NHNN.