Will pilot gold trading floor in Vietnam

QNgTV- During the pilot period, the domestic gold trading floor has not been connected with international gold trading floors.

Deputy Governor of the State Bank of Vietnam Pham Tien Dung delivered the opening speech at the seminar. Photo: Banking Times

The State Bank of Vietnam has just organized a seminar on establishing a gold trading floor in Vietnam. Deputy Governor of the State Bank of Vietnam Pham Tien Dung said that researching and considering the establishment of a gold trading floor is a synchronous policy to perfect the institutions and market infrastructure under the direction of the General Secretary, the Prime Minister and competent authorities, in order to contribute to unblocking the source of gold among the people, making gold trading activities transparent, limiting the situation of uncontrolled free trading and strengthening the role of state management in the gold market.

In addition, the establishment and operation of the gold exchange will contribute to providing more transparent data for analysis, forecasting and policy making; data from the gold exchange, if connected and processed promptly, will become a useful additional information channel to support policy making.

Source: https://quangngaitv.vn/se-thi-diem-san-giao-dich-vang-tai-viet-nam-6508719.html