Gold market
Submitting to competent authorities to study and establish a gold trading floor in December
|
The Prime Minister requested to urgently submit to competent authorities on the research and establishment of a gold trading floor in December 2025.
Proposing 5 solutions to mobilize 500 tons of gold among the people
|
According to the National Assembly delegate, if only 10-15% of the people's gold is included in the financial system, it will be a valuable source of capital, without the need to increase public debt loans.
Deputy Prime Minister: Gold sales in the first 9 months of the year exceeded VND23 trillion
|
Deputy Prime Minister Le Thanh Long said that the Government has implemented many measures to improve the effectiveness of gold market management.
Proposal to study the establishment of a national gold exchange
|
Delegate Le Thi Thanh Lam proposed studying the establishment of a national gold exchange, creating a foundation for a transparent and professional gold market.
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.
Gold businesses apply for a license within 2 days to avoid price risks
|
Worried about the risk of price fluctuations during the waiting period, gold enterprises proposed that the State Bank shorten the time for granting import and export licenses.
SBV's grand surgery for gold procedures: Reduced 2/3 of licensing time, eliminated many conditions
|
The new draft circular of the SBV opens the door to produce gold bars to replace all old regulations of Circular 16.
State banks in many areas conduct surprise inspections of gold trading activities
|
The Deputy Prime Minister requested to conduct an inspection of gold trading activities, manage the gold market in accordance with instructions, and conduct research to establish a gold exchange.
Prime Minister requests urgent issuance of guidelines for developing the gold market
|
The Prime Minister requested the urgent issuance of guidelines for implementing the Decree on developing the gold market and piloting the cryptocurrency asset market.
The Government requires the completion of the restructuring plan of SCB Bank before September 15
|
The Government requires the State Bank to take responsibility for stabilizing the gold market; urgently completing the restructuring plan of SCB Bank.
Many solutions are deployed to stabilize the gold market
|
On August 26, 2025, the Government issued Decree 232/2025/ND-CP amending and supplementing Decree 24/2012/ND-CP on the management of gold trading activities, hoping to propose many solutions to contribute to stabilizing the gold market and the economy.
Tomorrow, September 9, inspections of law compliance of gold trading enterprises will begin
|
On September 9, the Inspection Team will conduct an inspection of compliance with policies and laws of credit institutions and enterprises in gold trading activities.
Speculation and profiteering cause instability in the gold market to be targeted by inspection
|
The Prime Minister requested strict handling and termination of violations... that caused instability in the gold market.
The State Bank coordinates with the Ministry of Public Security to manage the gold market
|
The State Bank will closely coordinate with the Ministry of Public Security, the Government Inspectorate and agencies to implement the management of the gold market.
The State Bank temporarily stops selling SJC gold to the market
|
The Deputy Governor of the State Bank said that the recent gold price increase was due to 3 main factors and is urgently completing a new operating mechanism for gold.
