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3 banks now allow online registration for gold purchases
BIDV and Agribank are the latest lenders to let gold buyers register online in the morning and complete the purchase in person in the afternoon.
Starting Monday the two lenders began to adopt the same registration mechanism as Vietcombank which launched it last week.
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A person holds gold jewelry at a shop in Ho Chi Minh City. |
At BIDV customers can register online on the morning of weekdays and receive the gold between 1.30 p.m. and 4 p.m. at one of its branches.
Agribank has also deployed a similar scheme.
Customers who are 30 minutes late to pick up will see their purchase canceled.
VietinBank is the only state-owned lender which has yet to deploy an online registration system.
Last week Vietcombank’s system was overwhelmed by a large number of people signing up to register to buy gold.
Saigon Jewelry Company gold price has remained steady at VND76.98 million ($3,025.71) for over a week.
BIDV and Agribank will sell gold to retail consumers “without profit” to stabilize its prices, representatives for the state-owned lenders have said.
Eleven bidders bought 13,400 out of the 16,800 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) offered for sale at an auction held on May 23.
The State Bank of Vietnam (SBV) on May 17 announced that it will hold two more gold auctions on May 21 and 23, each will offer 16,800 taels of SJC-branded gold bars.
Eleven bidders bought a total of 12,300 out of the 16,800 taels of SJC-branded gold bullion that the State Bank of Vietnam (SBV) offered for sale at an auction held on May 16.
Eight businesses bought a total of 8,100 taels of gold Tuesday in the sixth auction organized by the State Bank of Vietnam, a surge in number of bidders and volume.
Source: VnExpress
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