Carrying gold bullion, materials in, out of Vietnam banned
Vietnamese and foreign individuals are banned from carrying gold bullion or gold materials when leaving or entering Vietnam, according to regulations recently issued by the State Bank of Vietnam.
Vietnamese and foreign individuals are banned from carrying goldbullion or gold materials when leaving or entering Vietnam, according toregulations recently issued by the State Bank of Vietnam.
UnderCircular No. 11/2014/TT-NHNN, individuals on exit or entry are permittedto carry only jewellery gold and fine-art gold articles.
If the gold totals 300 grams or more, they must declare as such to customs officials.
Thecircular replaces Decision No. 1165/2001/QD-NHNN on the carrying ofgold across borders. It will take effect from May 15, 2014.-VNA
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