In order to implement the policy of bidding to sell gold bars to the market, on the afternoon of April 19, the State Bank of Vietnam widely announced the bidding to sell gold bars on the State Bank's electronic information page and directly notified 15 credit institutions and enterprises eligible to participate in the gold bidding. The bidding is expected to take place at 10:00 a.m. on Monday (April 22).
However, due to the lack of members registering to bid and transferring deposits as required, the State Bank has canceled this bidding announcement.
To continue to drastically implement the solution of bidding to sell gold bars to increase supply to the market, the State Bank will launch a gold bar auction at 10:00 a.m. on Tuesday, April 23 and has widely announced to qualified credit institutions and businesses to register to bid and deposit on Monday.
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