Agencies in the southern province of An Giang on Sunday said they have confiscated 15 undocumented kilograms of gold from two men on a minibus, Tuoi Tre reported.
The newspaper quoted a source from the provincial anti-smuggling steering committee as saying that local forces, including customs, busted the transport when Ha Van Thien and Tran Van Dien were heading Ho Chi Minh City with 30 bullions tied around their bodies.
The duo said the gold, estimated to be worth nearly VND20 billion (US$951,700), belonged to a gold shop named Kim Yen in Chau Doc Town, and they were hired to bring it to HCMC to be processed.
However, they failed to present documents proving the transport as well as the gold's origin was legal, according to the newspaper.
A report on VnExpress on Monday said the gold was probably smuggled from Cambodia into An Giang before being brought to HCMC.
The case is being investigated.