Overseas miners allowed to bring gold home

The government has given the green light for Vietnamese companies mining gold overseas to bring their semi-processed products home.

Despite being allowed to bring in gold they mined themselves, businesses are not allowed to transfer money outside the country to import the material under any circumstances, said a statement on the government’s website that quoted a note signed by Deputy Prime Minister Nguyen Sinh Hung on Tuesday.

The central bank banned gold imports in May last year and had restricted exports, although it later relaxed the rule to let a select number of banks export the metal this year.

ThanhNien

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