It was reported earlier this week that the State Bank of Vietnam–the SBV–intends to reinstate gold auctions, however, local media did not report where the gold was set to come from. Today VN Express reported that the SBV has asked the Ministry of Finance to smooth-out the process for importing gold which makes it appear that the SBV intends to import more gold.
That being the case, this will take US dollars and likely put upward pressure on the local currency. It has not been made clear how the SBV intends to manage this.