For Decree 24 on management of gold business activities, the State Bank of Vietnam has issued a summary report, evaluating the implementation process and has also proposed a number of directions for editing, supplementing and implementing in the near future.
This morning (April 12), the Government Office also announced No. 160 conclusions of the Prime Minister at the meeting on solutions to manage the gold market in the coming time.
Accordingly, the Prime Minister assigned the State Bank to preside over and coordinate with relevant agencies to focus on strictly implementing the regulations in Decree No. 24. In particular, closely monitor developments in world, domestic and international gold prices. according to assigned functions, tasks and authority.
With the available tools and conditions, the Prime Minister assigned the State Bank to proactively and promptly implement solutions and tools to operate the gold market according to regulations to promptly intervene and immediately and promptly handle the situation. The difference between domestic gold bar prices and international gold prices is high, ensuring the gold market operates stably, healthily, openly, transparently and effectively.
The Head of the Government also emphasized the need to put the common interests of the country and people first and foremost; Encourage the production and export of fine art gold jewelry, creating jobs and livelihoods for workers.
The Prime Minister directed the need to urgently implement measures and tools according to the law, especially Decree 24 to closely, effectively and promptly manage and operate the supply for gold bar and gold production. fine art jewelry; Strictly controlled, does not affect exchange rates, state foreign exchange reserves, does not allow profiteering, speculation, manipulation, price pushing…
Along with that, increase the application of information technology and digital transformation in monitoring, managing and operating the gold market. Especially the determination to have electronic invoices in carrying out gold buying and selling transactions; Immediately revoke operating licenses for businesses that do not strictly comply with regulations.
At the same time, the Prime Minister requested to continue to research, review, and carefully evaluate the impact, fully summarize the implementation of Decree 24 to propose appropriate amendments and supplements, ensuring adherence to policies on management. gold market management.