Việt Nam has officially removed the state monopoly on gold bullion production, marking a significant shift in the country’s gold market dynamics. On August 26, the Government issued Decree 232/2025/ND-CP, repealing Clause 3, Article 4 of Decree 24, thereby eliminating the state monopoly on gold bullion production, raw gold exports, and raw gold imports for bullion production. Accordingly, the decree regulates gold trading activities, including the production and processing of gold jewellery and art, trading of gold jewellery and art, production of gold bullion, trading of gold bullion, export and import of gold, ... (full story)