Business

New regulations on gold trading introduced

The Prime Minister has issued a decree on the management of gold trading, stipulating that the government will hold a monopoly over the production of gold bars as well as the import and export of unprocessed gold.
The Prime Minister has issued a decree on the management of goldtrading, stipulating that the government will hold a monopoly over theproduction of gold bars as well as the import and export of unprocessedgold.

While the State Bank of Vietnam , on behalf of the Government, will still manage gold trading.

Under the decree, if an individual or enterprise owns gold legally, they will be protected by the law.

It also clearly defines trading activities that will be prohibitedonce the decree comes into effect, including processing gold for jewelryor trading bullion without a licence from the central bank.

From now on it will also be illegal to use gold as payment for goodsor services as well as carrying out other gold-related businesseswithout permission from the Prime Minister or a licence issued by theState Bank of Vietnam .

The trading of goldbullion by enterprises or individuals can only be done through creditinstitutions and businesses that are licensed to trade gold bars by theState Bank of Vietnam .

Domestic businesses that areallowed to trade bullion must have a chartered capital of at least 100billion VND; have a minimum of two-year experience in gold trading; havepaid their annual taxes on gold trading of more than 500 million VND inthe previous two years and trade in at least three cities or provincesdirectly under the control of the central authorities.

Meanwhile, credit institutions will be licensed to trade bullionprovided that they have a minimum chartered capital of 3 trillion VND;are registered to trade gold trading and have branches in at least fivecities and provinces authorised by the central authorities.-VNA
Follow VietnamPlus

See more

The MoU signing ceremony between the gency for Domestic Market Surveillance and Development and Procter & Gamble (P&G). (Photo: Ministry of Industry and Trade)

Vietnam steps up fight against counterfeits, IP violations

The renewed memorandum between Vietnam's domestic market surveillance force and Procter & Gamble (P&G) is expected to build on the results achieved since 2023, strengthen IP enforcement, safeguard the legitimate rights and interests of businesses and consumers, and contribute to a more transparent and fair business environment.

A Jatropha cultivation area of Star Japan Co., Ltd in My Son commune, Khanh Hoa province (Photo of Star Japan Co., Ltd)

Vietnam – a potential regional supply hub for Jatropha seed oil

Japan’s research on non-edible oil feedstocks showed that Jatropha is highly drought-tolerant and could grow well on wasteland, eroded sandy land and infertile soil. Given this, areas in central Vietnam, including Ninh Thuan, Binh Thuan and the Central Highlands, have climatic, sunlight and soil conditions suitable for achieving high seed yields and oil content.

Officials launch the Expo Platform on September 29. It will be officially put into use on October 20, two days before the opening of HCMC Export 2026. (Photo: VNA)

Technology opens new routes for Vietnamese exports

As global markets impose increasingly stringent requirements on standards, traceability, sustainability and green transformation, digitalising product data and bringing buyers closer to production sites can help Vietnamese businesses demonstrate their capabilities and meet market-specific requirements.

Phuong Dinh Anh, Deputy Chief of the Office of the Central Coordination Office for the National Target Programme, speaks at the event.( VNA)

Turning OCOP products into rural tourism experiences

Experts stressed that rural tourism can develop sustainably only when local communities actively participate and benefit from it. Investment in transport, accommodation and attractions must go hand in hand with clean water, waste treatment, hygiene, traditional craft preservation and environmental protection.

Prime Minister Le Minh Hung and his Cambodian counterpart Hun Manet witness the exchange of cooperation agreements between businesses of the two countries (Photo: VNA)

Vietnam, Cambodia look to elevate economic links

Prime Minister Le Minh Hung said that economic, trade and investment cooperation constitutes an important pillar of bilateral ties, which has achieved positive results. However, considerable room remains for further expansion to match the strong political ties and the potential of both countries.

An overview of the meeting (Photo: chinhphu.vn)

Deputy PM calls for tighter price management of essential goods

Deputy PM Thang, who is also head of the committee, urged ministries and agencies to coordinate closely to deliver effective fiscal and macroeconomic policies. The aim is to control inflation, stabilise the macroeconomy, ensure major economic balances, create room to support growth and bolster the economy’s resilience to external shocks.

Khanh Binh International Land Border Gate in An Giang province.( Photo: VNA)

Vietnam-Cambodia trade gathers pace towards 20 billion USD target

After setting a record of more than 11.3 billion USD in 2025, bilateral trade reached about 8.7 billion USD in the first eight months of 2026, up 8.3% year on year. Vietnam is currently Cambodia’s third-largest trading partner, its second-largest source of imports and second-largest export market.

Vietnamese Ambassador to India Trinh Minh Manh discusses potential areas and strengths for cooperation between Vietnam and India’s Gujarat state. (Photo: VNA)

Vietnam, India’s Gujarat state seek to unlock cooperation potential

Vietnam attaches importance to strengthening cooperation with Indian states boasting strong economic potential, including Gujarat, to further advance the two countries’ Enhanced Comprehensive Strategic Partnership, particularly in the economy, trade and investment, said Ambassador Trinh Minh Manh.

At Nestlé Vietnam factory in Hung Yen province (Photo: VNA)

Vietnam seeks to build stronger ecosystem for FDI

The World Bank has stressed the need to connect global companies with domestic suppliers, improve the business climate and develop supply-chain finance solutions. Those steps will let domestic firms gradually meet requirements on quality, technology, costs and delivery times, and position them to become suppliers to multinational corporations.

Construction of technical infrastructure facilities serving APEC 2027 in Phu Quoc Special Zone, An Giang province. (Illustrative photo: VNA)

Vietnam enters investment grade credit rating category for first time

Vietnam has maintained robust growth, outperforming other Southeast Asian economies. Its ongoing government reforms aimed at streamlining the state apparatus, promoting the private sector, improving the institutional framework and developing capital markets will strengthen the country’s growth potential and economic resilience.