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.

Strengthening the supply of social housing, controlling real estate inventories

On September 21, the Government Office announced that it had just issued Notice No. 499/TB-VPCP on the conclusion of Prime Minister Pham Minh Chinh at a meeting with the Policy Advisory Council held on September 7.

In the announcement, the Prime Minister requested to continue improving trade relations with the US on the basis of harmonious benefits and shared risks.

Continue to restructure to selectively attract foreign investment, build policies to retain investors, encourage investment in technology, transfer technology, and create conditions for Vietnamese enterprises to participate in the global supply chain.

Regarding the real estate market, the Prime Minister requested the implementation of comprehensive solutions on supply - demand, finance, land, etc. In particular, the legitimate demand for housing of people is still high, it is necessary to implement solutions to increase supply.

Speed up the removal of legal obstacles for backlogged and behind- schedule real estate projects; review and reduce administrative procedures in investment and construction; further promote the supply of social housing; control real estate inventories.

Regarding macroeconomic stabilization solutions, stimulating consumption, regularly paying attention to comprehensively controlling the risks of the economy; continuing to expand fiscal policies with focus, key points, proactively operating monetary policies flexibly, appropriately, effectively, closely following reality.

Diversify capital sources, mobilize more government bonds, focus on large projects and works; operate a balanced and effective relationship between interest rates and exchange rates; promote public investment, determined to disburse 100% of public investment capital in 2025.

Continue to improve the structure and modernize the stock market. Stabilize interest rates in Vietnamese currencies; increase exports of goods and services, promote the attraction of international tourists to maintain a trade surplus.

There are feasible solutions to balance the supply and demand of the gold market without taking advantage of policies; at the same time, there are solutions to inspect, inspect, supervise and prevent investment, storage and smuggling of gold; issue effective and effective guidance on the implementation of Decree No. 232/ND-CP dated August 26, 2025 amending and supplementing a number of articles of Decree No. 24/2012/ND-CP dated April 3, 2012 of the Government on management of gold trading activities effective from October 10, 2025.

There is a solution to increase the threshold of income tax of domestic business households

The Prime Minister requested to promote domestic production and business, reduce input costs, increase the competitiveness of goods; study tax rates more suitable to the situation of Vietnam.

Strengthen trade promotion, organize fairs to strongly promote promotion, exchange goods, connect supply and demand; continue to promote the prevention and control of smuggling, trade fraud, counterfeit goods, and infringement of intellectual property rights.

Promote the application of science and technology, innovation, digital transformation to strongly promote labor productivity increase. Have solutions to increase the threshold of corporate income tax of domestic business households; scientifically and thoroughly research, closely following the reality of corporate income tax rates.

Continue to research on reducing fees and charges, reducing input costs for businesses, and increasing the competitiveness of Vietnamese goods domestically and internationally.

PHẠM ĐÔNG
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