Gold bars
Proposal to transfer income from transferring gold bars and license plates of auctioned cars subject to tax
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According to the Draft Law on Personal Income Tax (amended), income from transferring gold bars and license plates of auctioned cars is subject to tax.
Proposal to study the establishment of a national gold exchange
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Delegate Le Thi Thanh Lam proposed studying the establishment of a national gold exchange, creating a foundation for a transparent and professional gold market.
Gold price approaches 155 million VND, gold rings are popular in Ho Chi Minh City
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HCMC - Gold prices are rising again, the demand for gold rings in HCMC is still high.
Enterprises are allowed to make gold bars but have to take all risks
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The State Bank will not issue detailed regulations. Enterprises that want to produce gold bars must build standards and take full responsibility.
24h Economy: SJC informs about the quality of 6,255 illegal gold bars
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SJC informed about the quality of 6,255 illegal gold bars; Vingroup shares flourished... are notable economic news in the past 24 hours.
The State Bank coordinates with the Ministry of Public Security to manage the gold market
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The State Bank will closely coordinate with the Ministry of Public Security, the Government Inspectorate and agencies to implement the management of the gold market.
The State Bank temporarily stops selling SJC gold to the market
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The Deputy Governor of the State Bank said that the recent gold price increase was due to 3 main factors and is urgently completing a new operating mechanism for gold.
SJC gold bars over 133 million VND/tael, Ho Chi Minh City residents hunt for gold rings
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HCMC - Major gold stores in HCMC have resumed operations, with people's demand continuing to be high.
Conditions for being granted a Gold bar Production License
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Decree 232/2025/ND-CP stipulates that enterprises with a minimum capital of VND 1,000 billion and commercial banks with VND 50,000 billion are considered for a license to produce gold bars.
Places where people are allowed to buy gold bars according to new regulations
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The buying and selling of gold bars is only carried out at credit institutions and enterprises licensed by the State Bank.
Officially abolish the mechanism of the State monopolizing the production of gold bars
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The Government officially abolishes the State's monopoly mechanism for the production of gold bars, the export of raw gold and the import of raw gold to produce gold bars.
Experts predict when domestic gold prices will cool down
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HCMC - Domestic gold prices are strongly influenced by the supply-demand relationship, causing prices to always remain high and with a large difference compared to world prices.
To produce gold bars, there must be a charter capital of VND1,000 billion
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To produce gold bars, enterprises must meet many conditions, including a minimum charter capital of VND 1,000 billion.
Set the deadline for submitting to the Government to amend Decree 24, remove monopoly on gold bars
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The revised Decree on the management of gold trading activities will be submitted to the Government before July 15, the draft has proposed to remove the monopoly on gold bars.
Amending Decree 24 should be seen as an institutional innovation, not just a technical adjustment
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In Vietnam, the gold market is regulated by Decree No. 24/2012/ND-CP with a centralized management model, excluding the production of gold bars, but after more than a decade of operation, this mechanism has revealed many shortcomings. Resolution 68-NQ/TW of the Politburo emphasizes the need to "Innovate the thinking of law making and enforcement according to the socialist-oriented market mechanism". In that context, the Draft amending Decree 24 needs a fundamental change in management thinking - it cannot patch technical problems, but must reform institutions substantially.
