Director of Hanoi’s Market Management Department, Chu Xuan Kien, has signed and issued a plan to inspect 116 gold trading enterprises in Hanoi.

Specifically, the Market Management force will inspect gold enterprises’ business registration certificates, certificates of eligibility for gold trading, price listing practices, compliance with intellectual property regulations, and the origin of gold products.

During this inspection, the Hanoi Market Management Department will organize gold sampling to test for quality and any signs of violations. They will also inspect compliance with regulations on electronic commerce and digital applications in gold trading.

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According to the Hanoi Market Management Department, this inspection aims to promptly detect and strictly handle cases of trading in fake gold and gold jewelry with intellectual property violations. It also targets gold products of unknown origin, substandard quality, or those involved in smuggling or price violations. These efforts contribute to protecting consumers’ rights and stabilizing the gold market.

The inspection plan includes many large-scale gold, silver, and gem companies, such as Bao Minh Gold and Gemstone Company, Bao Tin Gold and Silver JSC, Huy Thanh Gold and Gemstone Ltd., Bao Tin Minh Chau Gold Company, and Trong Tin Gold Company.

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