According to Mr. Lenh, SJC gold bullion is a national brand product, with the state managing and having specific regulations on the production, processing, and buying and selling of SJC gold bullion. Therefore, the one-letter and two-letter SJC gold bullion have the same quality and value.
“If there is a distinction between these two types of SJC gold bullion, it is only in the time of production and the one-letter and two-letter markings (the letter before the serial number series). So, people can be assured about owning SJC gold bullion, as there is no difference in the quality and value of this product between the one-letter and two-letter types,” said Mr. Lenh.
People buying gold bullion at SJC (Photo: Uyen Phuong)
Regarding the business aspect, Mr. Lenh stated that SJC is a state-owned gold and jewelry company, licensed to buy and sell SJC gold bullion and perform some other related functions and tasks. During this process, if there are any difficulties or obstacles, SJC Company, in particular, and other units licensed to trade in buying and selling SJC gold bullion, in general, have the responsibility to report and promptly reflect to the State Bank of Vietnam for guidance, direction, and handling.
Mr. Lenh added that gold is a special commodity, and tight management is necessary to ensure macroeconomic stability and social economic development, with the overall goal of bringing benefits to the people and the economy. Therefore, while the interests of the people are always guaranteed, it is also essential to abide by and strictly implement the law on this activity from all related parties, including state management agencies, enterprises, and the people. These are also the solutions that Ho Chi Minh City is currently applying to ensure social economic development and benefit while strictly adhering to the discipline and law regarding gold.
