October 28, 2009
LookAtVietnam – It seems that the State Bank of Vietnam does not intend to grant quotas for gold imports. Since June 2008, the State Bank of Vietnam has not granted any more quotas for bar gold imports, saying that Vietnam needs to ‘economise’ on foreign currencies which should be used to import more essential goods [...]
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February 24, 2009
Several gold trading companies and commercial banks have got the quota for exporting gold from the State Bank of Vietnam. The gold price is climbing to the one-year highest peak. Sunday, February 22, was the bank holiday, but the transactions at gold shops were still bustling. Phu Nhuan Jewellery Company (PNJ) alone reported the high [...]
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