Headquarters of the State Bank of Vietnam .
On the morning of June 3, the State Bank of Vietnam announced: Based on the plan to sell SJC gold bars directly to 4 State-owned commercial banks and Saigon Jewelry Company Limited (SJC) approved by the Governor of the State Bank of Vietnam, the direct selling price of gold bars on June 3 is as follows: Selling price of SJC gold bars by the State Bank of Vietnam: 78,980,000 VND/tael (Seventy-eight million nine hundred and eighty thousand VND/tael)
“The State Bank of Vietnam will continue to implement the roadmap to narrow the gap between the domestic SJC gold bar selling price and the world price,” emphasized a representative of the State Bank of Vietnam.
Previously, on June 2, the State Bank of Vietnam also announced that it would allow SJC to participate in stabilizing the gold market. Accordingly, together with 4 State-owned commercial banks ( Agribank , BIDV, Vietcombank and Vietinbank), Saigon Jewelry Company Limited (SJC) will participate in buying gold from the State Bank of Vietnam to sell directly to the people.
According to the State Bank of Vietnam, as a 100% state-owned enterprise under the People's Committee of Ho Chi Minh City, SJC has a distribution network of more than 200 stores and 43 official agents, of which 36 stores are licensed to trade SJC gold bars.
SJC is licensed by the State Bank of Vietnam to produce gold bars and is responsible for the quality of SJC gold bars. SJC's participation will add to the number of units participating in supplying gold bars directly to the people.
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