On the morning of October 29, the National Assembly discussed in the hall the assessment of the results of the implementation of the 2025 socio-economic development plan; the expected socio-economic development plan for 2026.
According to delegate Pham Van Hoa (Dong Thap delegation), the current gold market is unpredictable and unpredictable, the gap between domestic and foreign gold is sometimes low, sometimes high but higher.
Decree No. 232/2025/ND-CP amending and supplementing Decree 24/2012/ND-CP on management of gold trading activities has allowed enterprises to have conditions to produce gold bars to regulate the market.
However, according to the delegate, the gold market has not shown any signs of decreasing, the paradox is that gold rings are higher than gold bars. Meanwhile, businesses that import gold have only just started preparing procedures.
According to the delegate, high gold prices greatly affect credit and people. People think that investing in gold is to keep the currency from depreciating, instead of depositing at low interest rates. At the same time, market prices, especially essential consumer goods and agricultural supplies, have also affected the macro economy and inflation.
From the above analysis, the delegate suggested that the Government and the State Bank should have more effective solutions to stabilize gold prices, creating favorable conditions for businesses eligible to import gold as soon as possible to stabilize the gold market.
Also talking about gold business management activities, delegate Le Thi Thanh Lam (Can Tho Delegation) said that the gold market in 2025 will continue to have complicated developments. Domestic gold prices maintain a huge gap compared to world gold prices, potentially posing risks to financial and monetary stability.
The delegate said that it is necessary to manage flexibly and effectively, guide the issuance of business licenses and regulate the export - import limit of gold.
The delegate suggested studying the establishment of a national gold exchange, creating a foundation for a transparent, professional gold market, and international economic integration. According to the female delegate, it is necessary to review and simplify administrative procedures, limit the situation of reducing procedures A and arising a forest for procedures B, C, D...
