Decree 232 gold

Stack of gold bars against a stock market chart, illustrating Vietnam Gold Exchange developments and investment opportunities.

Vietnam Gold Exchange: State Bank’s Roadmap Revealed

First, it abolishes the monopoly on gold bar production. Instead, the SBV will license eligible entities. This change promotes competition and increases market supply. Second, permitted organizations can now import raw gold and export bars. Consequently, this reduces reliance on limited sources and stabilizes prices. Third, it strengthens coordination among authorities. Local governments and ministries...