On August 26, 2025, the Government issued Decree 232/2025/ND-CP amending Decree 24/2012/ND-CP dated April 3, 2012 of the Government on the management of gold trading activities.
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Responsibilities of organizations licensed to produce, trade, buy and sell gold bars from October 10, 2025 are as follows:
(1) Only allowed to produce, trade, buy and sell the type of gold bars specified in Clause 2, Article 3 of Decree 24/2012/ND-CP.
(2) Comply with the provisions of law on accounting regime, preparation and use of invoices and vouchers.
(3) In addition to the provisions in clauses (1), (2) and (5), enterprises and commercial banks producing gold bars are responsible for:
- Announcing the applicable standards, mass and content of the product in accordance with the provisions of law and being legally responsible for the mass and content standards of the produced products in accordance with the announced mass and content standards;
- Taking full responsibility for the gold bar products they produce, guaranteeing the gold bar products for customers in accordance with the provisions of law; storing complete and accurate data on the produced gold bars;
- Building an information system to process and store data on the produced gold bars with basic contents including information on input materials, production time, and output products; connecting to provide information to the State Bank in accordance with the regulations of the Governor of the State Bank.
Photo 1: Responsibilities of organizations licensed to produce, trade, buy and sell gold bars from October 10, 2025- Hotline: 0972118764
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4) In addition to the provisions in clauses (1), (2) and (5), enterprises and credit institutions engaged in the business of buying and selling gold bars are responsible for:
- Publicly posting the buying and selling prices of gold bars at the transaction location or on the electronic information page and connecting to provide information on the listed prices to the State Bank;
- Not allowed to conduct gold bar trading through authorized agents;
- Having measures and equipment to ensure safety in business activities;
- Developing internal regulations on buying and selling gold bars, clearly stipulating the process of buying and selling gold bars with customers; publicly announcing information on the rights and obligations of customers on the electronic information page of the credit institution, enterprise or publicly posting at the transaction office; Store complete and accurate data on gold bar trading transactions;
- Build an information system to process and store data on gold bar trading transactions with basic contents including identification information for individuals, corporate tax codes for enterprises, transaction volume and value of buyers and sellers; connect to provide information to the State Bank according to regulations of the Governor of the State Bank.
(5) Comply with the provisions of Decree 24/2012/ND-CP and other relevant legal provisions.
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