Vietnam jails ex-Saigon Jewelry CEO as US$4 million gold bullion scam costs state dearly
Using the fact that Saigon Jewelry was Vietnam’s sole gold bar producer, she sold the metal at a higher price and pocketed the difference
Vietnam discovers 12 mines containing over 10 tons of gold
A major gold discovery in central Vietnam has revealed 12 mines containing over 10 tons of gold and 16 tons of silver, according to the Mid-Central Geological Division.
Vietnam identifies 40 gold mines with 30 tons of estimated reserves
A comprehensive mineral survey of northern Vietnam discovered 40 gold mines with total estimated reserves of nearly 30 tons, the Vietnam Geological and Mineral Department announced recently.
Vietnam to let companies import gold for first time in years, industry official says
Vietnam is expected to allow companies to import gold for the first time in over a decade, as it aims to bridge the widening gap between local prices and international benchmarks, an industry official told Reuters.
Gold prices see historic one-day drop
Vietnam’s gold prices saw one of the deepest daily plunges in their history, going down by VND4 million ($170) a tael Monday.
Vietnam shuts one of largest gold mines
The Ministry of Natural Resources and Environment has approved closing Bong Mieu gold mine in the central Quang Nam Province to protect resources and the environment.
Hanoi dismantles four cryptocurrency trading floors
Police in Hanoi have terminated four floors trading digital and foreign currencies as well as gold illegally for the purpose of committing fraud.
Illegal miners chase dreams of gold in central Vietnam
In a jungle of Quang Nam, miners crawl through deep tunnels searching for luck before a raid by authorities forces them to run for cover.
Vietnam gold prices climb to record levels
Gold prices in Vietnam continued to rise on Wednesday, reaching a new peak, amid global strength due to the surge in Covid-19 cases.