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The Government Office has just issued Document No. 3332/VPCP-KTTH dated April 18, 2025 conveying the direction of Deputy Prime Minister Ho Duc Phoc on the domestic gold price movement.
Considering the Government Office's quick report on domestic gold price developments on April 18, 2025, Deputy Prime Minister Ho Duc Phoc gave instructions:
The State Bank of Vietnam shall preside over and coordinate with relevant agencies to closely monitor the situation and developments in the domestic and international financial, monetary, foreign exchange, and gold markets to promptly implement solutions as prescribed to stabilize the gold market.
Further strengthen inspection, examination and strict handling of violations according to regulations, prevent profiteering, manipulation, price fixing, speculation... in the gold market in accordance with the direction of the Government leaders in Official Dispatch No. 1483/VPCP-KTTH dated April 4, 2025; proactively implement communication measures to stabilize social psychology.
According to chinhphu.vn
Source: https://baodongnai.com.vn/kinh-te/202504/khan-truong-thuc-hien-ngay-cac-giai-phap-de-on-dinh-thi-truong-vang-d0e40d3/
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