Gold prices rise, need market stabilization solutions

CAO NGUYÊN |

The Standing Committee of the Committee for Petitions and Supervision proposed to continue to have solutions to stabilize the gold market in accordance with the development conditions of the country.

On the morning of January 12, the National Assembly Standing Committee considered the report on the National Assembly's petition work in December 2025.

Reporting at the meeting, Chairman of the Committee for Petitions and Supervision Duong Thanh Binh clearly stated that voters and people continue to express confidence in the Party's leadership in bringing the country to development.

Voters and people highly appreciate the coordination between the National Assembly and the Government in drafting laws, promulgating policies, and implementing them, creating consensus and efficiency in state management.

nam chac tinh hinh, chu dong co giai phap ung pho, thich ung linh hoat, kip thoi, co trong tam, trong diem, than trong truoc cac van de phat sinh, dam bao hai hoa giua xu ly tinh huong trong ngan han and phat trien trong trung va dai han.

According to the Chairman of the Committee for Petitions and Supervision, voters and people expressed concern and worry about the prices of some essential consumer goods tending to increase, and the issue of fake and poor quality goods at the end of the year.

Expressing concern and worry about the implementation of converting personal vehicles using gasoline fuel to electric vehicles, there needs to be a roadmap suitable to socio-economic conditions and people's accessibility.

According to Mr. Duong Thanh Binh, the situation of high gold prices, strong and prolonged fluctuations has significantly impacted people's lives, increasing anxiety, affecting the money market, leading to the price increase of some essential goods, reducing the real value of the currency.

Along with that is the situation of environmental pollution and public health, especially the increase in cancer cases in recent years.

Mr. Duong Thanh Binh clearly stated that the Standing Committee of the Committee for Petitions and Supervision proposed that the National Assembly Standing Committee request the Government and the Prime Minister to direct relevant ministries and sectors, and local authorities to have solutions to ensure market and price stability during the Lunar New Year.

Strengthen market management, price control, and prevention of smuggling, trade fraud and counterfeit goods to protect consumer rights.

Research and develop a reasonable transition roadmap from gasoline-fueled vehicles to electric vehicles, issue appropriate support policies and strengthen propaganda to reassure people to implement.

Implement effective prevention solutions, especially during holidays and Tet, to prevent the production, storage, trading and illegal use of firecrackers, ensure the safety of people's lives and property and maintain social order and safety.

The Ministry of Health presides over research and fully and scientifically assesses the causes of increasing cancer rates, and at the same time closely monitors food safety management and strictly handles violations to protect people's health.

The State Bank of Vietnam continues to have solutions to stabilize the gold market in accordance with the socio-economic development conditions of the country, limiting the spillover effect of increasing the prices of essential goods, contributing to stabilizing people's lives.

CAO NGUYÊN
RELATED NEWS

Gold market transparency to stabilize the macro sustainably

|

Establishing a national gold exchange is a strategic step of the State Bank of Vietnam (SBV) in the new period. After more than a decade of the gold market operating under Decree 24/2012/ND-CP, Vietnam has basically controlled the "goldening" of the economy.

Requirement for effective management of the gold market for socio-economic development

|

Faced with the complicated developments of the gold market, the National Assembly's Economic and Financial Committee requires effective management to develop the socio-economy in 2026.

New direction of the Prime Minister to balance supply and demand in the gold market

|

The Prime Minister requested that there be a feasible solution to balance the supply and demand of the gold market but not to take advantage of policies, prevent investment, storage, and smuggling of gold.

AI cameras record clearly, drivers who come to pay fines are convinced

|

Hanoi - AI cameras record clear images in all weather conditions, people when handling remote fines can review all violations.

Strictly prohibit the establishment of charity funds for personal gain, fraud, lending, and money laundering

|

Decree 03/2026/ND-CP strictly prohibits the establishment of charity funds and social funds for personal gain, fraud, illegal use of invoices, and making documents that are not in accordance with reality.

Ward officials in Can Tho come to the house to certify signatures for people

|

Can Tho - Deployed from the beginning of 2026, the signature authentication model at home in Soc Trang ward helps the elderly and patients conveniently access administrative services.

Recovering land for growing bananas and raising chickens of Khanh Hoa University

|

Khanh Hoa - The locality recovered 4 houses and land used ineffectively by units. Among them, there is a land area of more than 9.5 hectares managed by Khanh Hoa University.

Truck crashes into crowd of protesters in the US

|

A truck crashed into a crowd protesting against the Iranian government in Los Angeles, USA, injuring many people.

Gold market transparency to stabilize the macro sustainably

PGS. TS Ngô Trí Long - chuyên gia kinh tế |

Establishing a national gold exchange is a strategic step of the State Bank of Vietnam (SBV) in the new period. After more than a decade of the gold market operating under Decree 24/2012/ND-CP, Vietnam has basically controlled the "goldening" of the economy.

Requirement for effective management of the gold market for socio-economic development

Vân Trang |

Faced with the complicated developments of the gold market, the National Assembly's Economic and Financial Committee requires effective management to develop the socio-economy in 2026.

New direction of the Prime Minister to balance supply and demand in the gold market

PHẠM ĐÔNG |

The Prime Minister requested that there be a feasible solution to balance the supply and demand of the gold market but not to take advantage of policies, prevent investment, storage, and smuggling of gold.