The State Bank of Vietnam (SBV) on August 9 gave the nod to the import of five tonnes of gold to supply the domestic market in an effort to prevent speculation.

The SBV is also expected to grant a license to the import of additional five tonnes of gold in the coming days.

In the face of complex and unforeseeable changes in the world gold prices, the SBV recommended people to make cautious decision on buying gold to avoid unnecessary losses./.