The Head of the Government also assigned the State Bank to strengthen inspection, examination, control and supervision closely, comprehensively, with focus and focus on the gold market and the activities of businesses. gold trading, stores, distribution agents and gold bar trading and other entities participating in the market. Promptly detect loopholes and inadequacies to proactively, positively and effectively handle them according to authority and report issues beyond authority, propose appropriate and prescribed handling measures to competent authorities.
Strictly handle violations according to the law, especially acts of smuggling, profiteering, speculation, manipulation, and taking advantage of price pushing policies by organizations and individuals… causing instability and safety. gold market. In case gold business activities are detected with signs of violating the law, promptly transfer documents and records to the authorities for strict, public and transparent handling according to the law.
The State Bank needs to make an overall and comprehensive assessment of the domestic gold market situation and state management of the gold market, including the contents of production and trading of gold bars and branded gold. SJC, gold jewelry…
The Prime Minister requested to review the legal framework, mechanisms and policies related to gold market management and business activities of gold bars, gold jewelry…, consider amending and supplementing regulations and ensuring safety. Ensuring improved effectiveness and efficiency of state management tools for the gold market.
The State Bank also needs to be more proactive in information and communication, promptly providing public and transparent official information on financial, monetary, foreign exchange and gold market management policies and guidelines, strengthen confidence in the value of the Vietnamese Dong and stabilize people’s psychology, creating social consensus.
The Prime Minister requested the functional agencies, inspection, examination, and law protection to coordinate with the State Bank of Vietnam to urgently implement working measures to promptly and strictly handle illegal acts. Laws related to the gold market and gold business activities, especially smuggling, manipulation, profiteering speculation…, ensuring the gold market operates stably, transparently, safely, healthily, and effectively. fruit.
The Ministries of Public Security, Industry and Trade, Finance, Justice, Information and Communications, relevant agencies and localities according to their functions and tasks are actively coordinating closely with the State Bank of Vietnam on market management. gold, promptly share, provide information and proactively handle work and tasks according to authority, promptly report to competent authorities on issues that arise beyond authority.
