Vietnamese consumers are facing trouble purchasing gold, including supply shortages, government regulations, and the rise of informal gold trading networks, despite recent efforts by the State Bank of Vietnam to stabilize the market.
People rushed to hunt for goods at reasonable prices at the 4th phase of the Mobile Sales – Market Stabilization Program which was held in Vinh Loc Industrial Park in Binh Chanh District, HCMC on August 15 evening.
Chairman of the HCMC People's Committee Phan Van Mai has requested Saigon Gold and Jewelry Company (SJC) to mobilize its resources to meet the State Bank of Vietnam (SBV)’s demand for SJC gold bar high-volume production to stabilize the gold market.
