The Government has just issued Decree No. 232/2025/ND-CP dated August 26, 2025 amending and supplementing a number of articles of Decree No. 24/2012/ND-CP dated April 3, 2012 of the Government on the management of gold trading activities.
In Decree 232/2025/ND-CP amending and supplementing Clause 2, Article 3 of Decree 24/2012/ND-CP as follows:
"2. Gold bars are gold products that are cut into pieces, with characters, quantity and quality indicators, and have the symbol of an enterprise and commercial bank licensed by the State Bank of Vietnam (hereinafter referred to as the State Bank); gold bars are organized by the State Bank for production in each period."
At the same time, based on Article 10 of Decree 24/2012/ND-CP, it is stipulated as follows:
Management of business activities of buying and selling gold bars
The buying and selling of gold bars by organizations and individuals is only carried out at credit institutions and enterprises granted a Business License to buy and sell gold bars by the State Bank.
Thus, gold bars are gold products that are cut into pieces, with characters and numbers indicating the volume and quality, with the symbol of an enterprise and commercial bank licensed for production by the State Bank of Vietnam; gold bars are organized by the State Bank for production in each period.
At the same time, the buying and selling of gold bars by organizations and individuals is only carried out at credit institutions and enterprises granted a Business License to buy and sell gold bars by the State Bank.
