The Top Minister has released a decree about the treating goldtrading, stipulating that the government will hold a monopoly through theproduction of precious metal watering holes in addition to the significance and trade of unprocessedgold.
Even though the Condition Loan company of Vietnam , regarding the us government, will even now deal with precious metal buying and selling.
Beneath the decree, if an individual or organization are the owners of precious metal officially, they'll be covered by the legislation.
In addition, it clearly identifies buying and selling pursuits that will be prohibitedonce the decree comes into impact, like digesting precious metal for jewelryor buying and selling gold without having a license from the middle loan company.
Any further it will also be outlawed to implement precious metal as fee for goodsor providers together with carrying out other precious metal-related businesseswithout permission from the Pm or a license from theState Loan company of Vietnam .
The buying and selling of goldbullion by organisations or people only works through creditinstitutions and firms that are trained to industry precious metal watering holes by theState Loan company of Vietnam .
Home firms that areallowed to industry gold should have a chartered funds for at least 100billion VND have a minimum of two-calendar year example of precious metal buying and selling havepaid their annual taxes on precious metal buying and selling higher than 500 , 000, 000 VND inthe prior couple of years and exchange at the very least several cities or provincesdirectly under the control of the middle experts.
Meanwhile, credit score corporations will probably be trained to industry bullionprovided that they have the very least chartered funds of 3 k VNDare recorded to industry precious metal buying and selling and still have divisions in at the very least fivecities and provinces authorised by the middle experts.-VNA
Even though the Condition Loan company of Vietnam , regarding the us government, will even now deal with precious metal buying and selling.
Beneath the decree, if an individual or organization are the owners of precious metal officially, they'll be covered by the legislation.
In addition, it clearly identifies buying and selling pursuits that will be prohibitedonce the decree comes into impact, like digesting precious metal for jewelryor buying and selling gold without having a license from the middle loan company.
Any further it will also be outlawed to implement precious metal as fee for goodsor providers together with carrying out other precious metal-related businesseswithout permission from the Pm or a license from theState Loan company of Vietnam .
The buying and selling of goldbullion by organisations or people only works through creditinstitutions and firms that are trained to industry precious metal watering holes by theState Loan company of Vietnam .
Home firms that areallowed to industry gold should have a chartered funds for at least 100billion VND have a minimum of two-calendar year example of precious metal buying and selling havepaid their annual taxes on precious metal buying and selling higher than 500 , 000, 000 VND inthe prior couple of years and exchange at the very least several cities or provincesdirectly under the control of the middle experts.
Meanwhile, credit score corporations will probably be trained to industry bullionprovided that they have the very least chartered funds of 3 k VNDare recorded to industry precious metal buying and selling and still have divisions in at the very least fivecities and provinces authorised by the middle experts.-VNA
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