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gold trading

Inspection report on gold trading activities being complied, SBV says

Inspection report on gold trading activities being complied, SBV says

In May, SBV launched an inspection campaign focussing on law compliance of gold trading enterprises, part of efforts to narrow the gap between international and domestic gold prices.
State bank to inspect banks, gold trading enterprises

State bank to inspect banks, gold trading enterprises

The inspection is part of the efforts to narrow the gap between international and domestic gold prices.
Stopping the gold fever needs State management

Stopping the gold fever needs State management

The price discrepancy between the domestic and world gold price will the "gold trading" mentality which needs the State management.
Gold trading association calls for national gold exchange

Gold trading association calls for national gold exchange

The Viet Nam Gold Trading Association (VGTA) has proposed the establishment of a national gold exchange in Ha Noi or HCM City.
Analysts call for easing gold policies, cite changed circumstances

Analysts call for easing gold policies, cite changed circumstances

With gold no longer being a speculative asset class or cash substitute, the Government should have a more reasonable policy for managing it, according to experts.
Gold prices slide but further growth expected

Gold prices slide but further growth expected

Gold prices declined on Tuesday after touching a four-month high, but the uptrend is unlikely to stop.
Gold prices may flutter to the end of the year

Gold prices may flutter to the end of the year

Gold prices right now are showing signs of decline, and experts warning the future forecast for the precious metal  is unpredictable at best.
Draft circular on gold business licensing released

Draft circular on gold business licensing released

The State Bank of Vietnam (SBV) has publicised a draft circular that would adjust existing regulations managing gold trading, Thoi bao Kinh te Viet Nam (Vietnam Economic Times) newspaper reported.
Gold prices likely to rise by year-end: analysts

Gold prices likely to rise by year-end: analysts

In recent days, buyers have been accounting for 80 per cent of all customers at Bao Tin Minh Chau Jewellery and Gemstone Company, one of Viet Nam’s biggest gold trading companies.
Agency seeks approval to import gold for jewelry, art

Agency seeks approval to import gold for jewelry, art

Viet Nam Gold Trading Association (VGTA) asked the State Bank of Viet Nam to allow local producers of gold jewelry and fine art to import gold materials.
Gold prices remain stable ahead of Tet

Gold prices remain stable ahead of Tet

Domestic gold prices are currently hovering at a low of VND35 million per tael, in contrast with previous years when people used to flock to jewellery stores ahead of Teat.
SBV seeks to deter virtual gold traders

SBV seeks to deter virtual gold traders

A representative of the State Bank of Viet Nam (SBV) affirmed that virtual gold trading was illegal and warned them of the extremely high risks involved.
Doji Group earns license to measure gold

Doji Group earns license to measure gold

Doji Gold and Gems Group has become the first Vietnamese enterprise to receive a licence from the Government to measure gold content in jewellery traded in the domestic market.
Analysts split on interest rate cap

Analysts split on interest rate cap

Many HCM City banks want the central bank to abolish the interest cap for deposits of up to six months, considering it a "hurdle" to their deposit mobilisation efforts.
Local gold price slides after Tet

Local gold price slides after Tet

The local gold price lost 0.05 per cent yesterday to settle at VND35.28 million (US$1,663) per tael, in the first trading session since the nine-day Tet holiday.