Vinhomes Joint Stock Company

So finding ways to channel this resource into the economy has long been a topic of interest.

Recently, the trade gold for a home policy introduced by Vinhomes quickly caught the market's attention.

Thanks to its novelty and its appeal to the psychology of customers who hold gold as a long-term store of value.

According to the information made public, customers who own gold can sell it to a designated gold trading entity in exchange for Vietnamese dong and then use that amount to pay for real estate.

except for exceptions permitted by the State Bank of Vietnam.

For this reason, if a real estate company were to directly accept gold as payment for a home purchase or to record the value of an apartment in gold, that transaction would face very significant legal risk.

This is also why the model announced by Vinhomes was structured the way it was.

The customer first sells the gold to a duly licensed gold trading entity, receives Vietnamese dong in return, and then uses that amount to pay for the property.