Tag: Van Phu

The Vietnam Association of Financial Investors (VAFI) has recently proposed a measure to stabilize the gold market by imposing a 10% value-added tax (VAT) on invoices for gold bullion and jewelry sales. However, experts caution that the taxation of gold should be carefully considered to avoid the issue of "tax on top of tax."

Amidst a favorable global economic landscape and robust domestic growth, Vietnamese equities are poised to recapture foreign capital inflows. Upcoming milestones and upgrade outcomes will significantly influence foreign investor behavior.

Following a modest recovery yesterday, gold prices took a downturn this morning, November 4th. The current buy-sell price differential stands at approximately 2-3 million VND per tael.