Gov’t to renew regulations on gold market management

Gov’t to renew regulations on gold market management

Prime Minister Pham Minh Chinh has tasked the State Bank of Viet Nam (SBV) to work with relevant agencies to craft a new decree amending and supplementing Decree No. 24/2012/ND-CP dated April 3, 2012 on the management of gold trading activities.

State Bank of Vietnam takes measures to stablise gold market

The State Bank of Vietnam (SBV) is working closely with ministries and local authorities to implement comprehensive strategies to address significant price disparities and stabilise the gold market.

People urged to be cautious in gold transactions

People need to be cautious when trading gold to minimise risks amid fluctuations in international gold prices and moves to stabilise the domestic gold market in the coming time, according to the State Bank of Vietnam (SBV).

Government requires specialised inspection over gold market

The Government has requested an immediate inspection over gold bullion trading in an attempt to stabilise the domestic gold market that has witnessed a sudden price rise in recent days.

Central bank to resume gold bar bidding after 11 years

The State Bank of Vietnam (SBV) will resume gold bar bidding after 11 years, aiming to increase the supply of gold to the market, promptly and immediately settle the high difference in domestic and international gold prices, thus ensuring the gold market operates in a safe and stable, healthy, open, transparent and effective manner in accordance with the Prime Minister's direction.

PM demands strengthened gold market management

Prime Minister Pham Minh Chinh has asked the State Bank of Vietnam (SBV) to keep a close watch on international and domestic gold prices, and put in place measures and tools in a timely and effective way to regulate the gold market in line with regulations.

PM orders enhanced measures to control gold market

The State Bank of Vietnam (SBV) must join hands with competent agencies to fully and effectively implement timely measures to stabilise the gold market under a recent dispatch by Prime Minister Pham Minh Chinh.
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