AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.

Vietnam: PM suspends public gold trading.

Thai Press Reports

| January 04, 2010 | COPYRIGHT 2008 Thai News Services. (Hide copyright information)Copyright

Section: Business News - All public gold trading floors will be banned effective March 31, 2010, under an order by Prime Minister Nguyen Tan Dung on Wednesday.

The order requires all gold trading floors to be shut down and all domestic investor accounts terminated by that date, after which time the State Bank of Vietnam will assume oversight of all trades in the precious metal.

The order also requires the central bank to suspend all 2006 regulations allowing gold trading via accounts abroad.

Jewellery businesses will still be allowed to sell gold jewellery, but the State Bank will draft new regulations limiting how gold can be traded in this form.

Related articles from newspapers, magazines, journals, and more
Vietnam: SJC-Eximbank opens gold trading floor.
News wire article from: Thai Press Reports September 10, 2008 700+ words
Vietnamese PM orders ban on gold trading floors effective 31 March.
Newspaper article from: BBC Monitoring International Reports January 4, 2010 700+ words
Banking & Finance: Two Biggest Gold Trading Centers to Be Set up in Hanoi,...
News wire article from: Asia Africa Intelligence Wire December 15, 2004 700+ words
Vietnam: State Bank told to monitor gold.
News wire article from: Thai Press Reports December 10, 2009 700+ words
Banking & Finance: Vietnam Contemplates Establishment of First Gold Trading...
News wire article from: Asia Africa Intelligence Wire November 1, 2004 700+ words
©2013 Gale, a part of Cengage Learning. All rights reserved. Contact us | Privacy policy | Terms and conditions

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily