Closure of gold trading overseas accounts extended for three months

The Prime Minister has allowed to extend the closure of the gold trading overseas accounts for three months as of March 30, 2010.

In implementation of the Prime Minister’s instruction, the Governor of the State Bank of Vietnam has issued the official document 10/2010/TT-NHNN on extending the closure of the gold trading overseas accounts until before June 30, 2010, thus creating conditions for units with these accounts to have more time to close their accounts in conformity with the development of the world gold price.

However, the operations of the domestic gold trading floors must be terminated by March 30, 2010, according to the Prime Minister’s instruction.

Nhandan

Tags: vietnam gold, Vietnam gold exchanges, Vietnam gold market

Posted by VBN on Mar 29 2010. Filed under Gold. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry