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Vietnam hastens to import 6 tonnes of gold

Section: Daily Dispatches

From Thanh Nien newspaper
Ho Chi Minh City, Vietnam
Thursday, November 19, 2009

Vietnam will import 6 tonnes of gold this month, state broadcaster VTV said on Thursday, after the central bank last week lifted a ban on imports to stabilize an overheating market.

So far, 1.5 tonnes had been imported, 500 kg each by Sacombank, ACB and Eximbank.

Saigon Jewellery Corp will import 1 tonnes, and 500 kg being imported by Agribank Jewellery Co. will arrive in a few days, the VTV 1 Financial bulletin said.

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