Gold market enters new phase
On August 26, 2025, the Government issued Decree No. 232/2025/ND-CP, an important amendment to Decree 24/2012/ND-CP on the management of gold trading activities. The most notable point is the official Abolish the State monopoly on gold bar production, and at the same time expand the scope of regulation to allow businesses and commercial banks to be eligible to participate in the production, import and export of gold. This is a major turning point, opening a more transparent and competitive development period for the Vietnamese gold, silver and gemstone market.
HVA Group – Strategic investor, does not directly sell gold
In the face of this historic change, HVA Group Choose a clear strategy: not directly wholesale or retail gold, silver or precious stones, which focuses on invest in companies and projects in this field. In that way, HVA creates more sustainable value, accompanying businesses in the industry through providing capital, technology and management solutions.
The gold and gemstone ecosystem that HVA invests in
HVA Group does not engage in direct sales, instead focusing on developing a Comprehensive support ecosystem for gold, silver and gemstone businessesIn that ecosystem there are important links such as:
- Hanagold, a technology application that allows users to buy gold, silver, and jewelry online, providing a modern and convenient experience.
- Vgoldpos, a specialized management platform for gold shops and jewelry stores, helping businesses control operations and transactions transparently and effectively.
- TSS Quatest, a unit that processes, produces and inspects gold, jewelry and gemstones, ensuring strict quality standards.
- Livetrade, financial solutions applying the mechanism delta hedging, supporting gold businesses in risk management in a volatile market context.
This ecosystem shows that HVA's investment orientation is not to "participate in retail", but to create technological, financial and manufacturing infrastructure, thereby promoting the whole industry to develop transparently and sustainably.
Decree 232/2025/ND-CP and new requirements
Under the new regulations, gold bars are defined more specifically and can be produced by enterprises or commercial banks licensed by the State Bank. Enterprises can be considered for a license to produce gold bars when they have a minimum charter capital of VND1,000 billion, a gold bar trading license, along with an internal management system and a methodical quality control process. These changes create a more professional and strict business environment.
HVA Group accompanies the transformation of the market
In the new phase, HVA Group does not focus on becoming a unit selling gold bars or jewelry to the market. Instead, HVA defines its mission as Accompanying businesses through investment, technology support, and providing management and financial solutions. This strategy helps HVA play a creative role, contributing to raising the level of the gold and gemstone industry, making the market operate more transparently and safely.
Conclude
Decree 232/2025/ND-CP opens a new chapter for the Vietnamese gold, silver and gemstone industry, where businesses have the opportunity to develop more dynamically and sustainably. In that picture, HVA Group stand out with clear direction: not directly sell gold, but invest in building a comprehensive ecosystem, connecting technology, commerce and finance. This is the core value that HVA brings – not only participating in the market, but also creating a foundation for the whole industry to develop together.
