Vietnam to Lower Cash Payment Limit for Gold Transactions, Ease Jewelry Production Rules
Business

Vietnam to Lower Cash Payment Limit for Gold Transactions, Ease Jewelry Production Rules

Vietnam's government has issued a new decree lowering the cash payment limit for gold transactions to VND 5 million. Concurrently, regulations on gold jewelry production and sales are significantly eased, removing them from the list of conditional business lines. The new rules take effect on October 16.

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