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buy and sell gold
Wanting 70,000 VND cheap, got caught with fake gold and lost everything
Many people turn to the 'online market' to buy hundreds of millions of dong worth of gold when the price is 'at its peak'. With this type of trading, some people are greedy for 70,000 dong but lose everything because of fake gold.
Prosecuted 6 people in the case at SJC Company
Six people at Saigon Jewelry Company (SJC) and related units were prosecuted for taking advantage of gold trading to stabilize prices, creating fake documents, and appropriating assets.
State Bank requires reporting of suspicious gold transactions
The State Bank requires units licensed to trade in gold bars to review suspicious transactions and submit money laundering risk assessment reports to the State Bank before July 15, 2024.
Strictly handle the purchase and sale of gold bars by stores without business licenses.
The State Bank requires regular monitoring, management, and close supervision of developments in the foreign exchange and gold markets in the area to promptly take appropriate and effective handling measures.
State Bank supplements some provisions of the process of buying and selling gold bars
The State Bank has just issued Decision No. 1012/QD-NHNN on amending and supplementing a number of articles of the State Bank's Procedure for buying and selling gold bars issued together with Decision 563/QD-NHNN dated March 18, 2013.
Rush to buy gold when price hits peak
The number of customers buying and selling gold bars and plain rings at some major brands was bustling on the day when prices continuously broke new records.
Tax industry wants to ban gold trading in cash
Tax authorities recommend that the State Bank study regulations requiring non-cash payments for gold transactions.
Very few gold buying and selling transactions in Hai Duong on the day of the gold bar auction
After the State Bank auctioned gold bars on the morning of April 23, gold prices in the Hai Duong market fluctuated in opposite directions and there were very few transactions.
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