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gold import

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.
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...
Association proposes allowing three companies to import 1.5 tonnes gold per year

Association proposes allowing three companies to import 1.5 tonnes gold per year

Việt Nam Gold Traders Association has proposed three companies be allowed to carry out gold import of around 1.5 tonnes per year as a bold effort to gradually remove the monopolies in the domestic gold market.
VN should consider removing monopolies in gold import and production

VN should consider removing monopolies in gold import and production

Together with the general Vietnamese preference of keeping gold as a means of reserve to hedge against inflation and risks, the monopolies cause unbalance of supply and demand in the gold market, causing domestic gold prices to differ widely from...
State bank set to import 30 tonnes of gold this year

State bank set to import 30 tonnes of gold this year

The State Bank of Viet Nam (SBV) plans to sell more than 30 tonnes of gold this year and import the same volume.
Banks stop offering gold loans

Banks stop offering gold loans

HCM CITY (VNS)— Credit institutions are no longer allowed to give loans to customers who want to purchase gold in any form, including primary gold, bullion and jewellery, according to the State Bank of Viet Nam (SBV).