Price stability from supply increase and transparency in trading in gold market

Price stability from supply increase and transparency in trading in gold market

VCN - To stabilize the gold market, economic expert Prof.Dr. Tran Tho Dat, a member of the Prime Minister's Economic Advisory Group, said that it is necessary to implement solutions to make all transactions transparent in the gold market, implement electr
Support clearance procedures for imported gold for bidding

Support clearance procedures for imported gold for bidding

The State Bank (SBV) has sent a document to competent ministries and branches requesting coordination in implementing the Prime Minister's direction in gold market management.
How more than 6 tons of smuggled gold transported to Vietnam?

How more than 6 tons of smuggled gold transported to Vietnam?

VCN - Taking advantage of border residents' policies, using homemade camouflaged vehicles to transport gold... in just a short time, dozens of subjects illegally transported more than 6 tons of gold, worth VND 8,461 billion from Cambodia to Vietnam to sel
Noi Bai Customs Branch gathers information to prevent gold smuggling

Noi Bai Customs Branch gathers information to prevent gold smuggling

VCN - Notably, the branch busted foreign passengers illegally transporting 86,300,000 won (equivalent to VND1.5 billion) across the border in early 2023.
Cotrol smuggling of gold and foreign currency across border gates

Cotrol smuggling of gold and foreign currency across border gates

VCN - In the trading session on March 18, gold businesses reduced gold prices. The price of SJC gold bars is listed at about VND79-81 million/ tael (buy - sell), dropping about VND 500,000 per tael compared to the previous session compared with the previo
Create a fair "playing field" for the gold market

Create a fair "playing field" for the gold market

VCN - Commenting that the goal of stabilizing the gold market is still the right direction, economic expert Associate Professor, PhD. Ngo Tri Long (photo), former Director of the Price Market Research Institute (Ministry of Finance), said that it is neces
Hanoi Customs: Struggling with illegal transportation of gold and currency across the border

Hanoi Customs: Struggling with illegal transportation of gold and currency across the border

VCN - Focusing on strict control, many cases of gold smuggling and illegal transportation of foreign currency by air were promptly detected and prevented by Hanoi Customs.
Customs nabs Kozhikode woman with gold worth Rs 1 crore hidden in undergarment

Customs nabs Kozhikode woman with gold worth Rs 1 crore hidden in undergarment

The Customs on Monday seized gold worth Rs 1 crore at the Calicut International Airport from a woman who was attempting to smuggle by hiding the packets inside her undergarment.
Noi Bai Customs detects new smuggling tricks

Noi Bai Customs detects new smuggling tricks

VCN - In the first days of 2023, Noi Bai International Airport Customs Branch arrested six passengers illegally transporting 108 taels of metal suspected to be gold exceeding the amount allowed under the law.
Illegally transporting gold and foreign currency worth nearly VND3 billion in Lao Bao

Illegally transporting gold and foreign currency worth nearly VND3 billion in Lao Bao

The investigation police agency of Huong Hoa District Police has just prosecuted the criminal case "Illegal transportation of goods and currency across the border" seized on November 11, 2021
An Giang Customs busts illegal transportation of cash and gold across border gate

An Giang Customs busts illegal transportation of cash and gold across border gate

VCN - Recently, Khanh Binh Border Gate Customs Branch has transferred a gold smuggling case to the Police.
Lao Bao Customs prosecutes case of illegally transporting goods and currency across border gate

Lao Bao Customs prosecutes case of illegally transporting goods and currency across border gate

VCN – During the inspection, the Customs detected two packages of goods including US$10,000, 1,736.14 grams of gold and 2,180.41 grams of silver with a total value of VND2.945 billion.
MoF proposes to impose tariff on exported gold

MoF proposes to impose tariff on exported gold

The Ministry of Finance (MoF) has just proposed to increase export tax on gold products of less than 95 per cent purity to 2 per cent from 0 per cent.
Experts warn about risky investments in gold and stocks

Experts warn about risky investments in gold and stocks

With increasingly rapid developments occurring in the gold and stock markets, economic experts believe these represent risky investment channels, with investors needing to carefully consider all of their financial decisions.
Invest in gold at this time, need to be cautious

Invest in gold at this time, need to be cautious

VCN - The strong fluctuations of the gold market recently pushed gold into a "shelter" of attractive assets. Even if calculated, many times, gold's rate of return soared many times higher than bank savings rates.
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