Vietnam Grants Quotas for 10 Tons Gold Imports


". . .since lifting an import ban earlier this month. . .6.8 tons had already come in"

Vietnam's central bank has granted quotas for the import of 10 tons of gold since lifting an import ban earlier this month and 6.8 tons had already come in, state broadcaster VTV said on Wednesday.

"The imports will have an impact on the local gold market," VTV quoted State Bank of Vietnam Governor Nguyen Van Giau as saying.

He said the quotas had been granted to eight banks and three gold traders, it reported, without specifying names.

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