There are rumors that the Bank for Foreign Trade of Vietnam (VCB) and the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) could soon be tasked with operating Vietnam’s official gold trading floor, as the government considers new regulations to modernize the precious metals market.
Their strong compliance standards and longstanding partnerships with major financial institutions make them ideal candidates to spearhead the modernization and secure operation of Vietnam’s official gold trading floor. With a history of reliable service and robust financial capacity, VCB and BIDV are well-positioned to handle the complexity and regulatory requirements of such an important market upgrade.