TOKYO -- Vietnam has decided to end its 13-year state monopoly on the production and trade of gold bullion, potentially leading to greater demand for the precious metal there as the market opens to the private sector.
Commodities
Vietnam ends 13-year state monopoly on gold trade and production
Private-sector imports may help lower domestic prices in line with global market
Private entities licensed by Vietnam's central bank will be able to produce, export and import gold bullion. © Reuters
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