Gold pricing in Vietnam reflects the global LBMA benchmark plus local currency conversion, premiums, and tax implications. For Vietnam-based institutional investors, LCORE offers an alternative to local gold markets: allocated physical storage in Abu Dhabi's pre-customs zone under ADGM English Common Law. Zero UAE duty, Lloyd's $250M insurance, ADGM Reg. 28158. Minimum allocation: $5M.
Request ConsultationThe international gold spot price (XAU/USD) converted to VND reflects the USD/FX rate at any given moment. Vietnamese gold price in dong. LCORE provides institutional gold storage in Abu Dhabi with VND settlement capability for counterparties from Vietnam.
For institutional holders in Vietnam, Abu Dhabi offers structural advantages: zero UAE capital gains tax (vs Vietnam local tax), zero import duty in pre-customs zone, ADGM English Law title protection, and DVP settlement infrastructure for commodity transactions.
UAE has no capital gains tax on gold. No annual wealth tax. No VAT on investment-grade bullion. Structural advantage for Vietnam investors vs home-jurisdiction holding.
LCORE can facilitate commodity settlement in VND via gold DVP mechanism. No mandatory USD clearing for Vietnam counterparties.
ADGM applies English Common Law. Warehouse Receipt is enforceable internationally. Vietnam counterparties can rely on familiar legal framework.
Confidential. Min $5M. ADGM Reg. 28158.