Strictly comply with regulations on gold business management

Violations, manipulation and monopolization of the gold market will be strictly handled according to the provisions of law.

Customers transact at a gold store of DOJI Gold and Gemstone Group, on Cau Dat Street, Gia Vien Ward. Photo: TRUNG KIEN

On September 10, the State Bank of Vietnam, Branch 6, requested credit institutions and enterprises licensed to buy and sell gold bars in the area to strictly comply with the provisions of Decree 24/2012/ND-CP dated April 3, 2012 of the Government on the management of gold trading activities (as amended and supplemented) and other relevant legal documents. Strengthen internal inspection and control of gold trading activities; promptly detect and handle violations; take measures to manage and supervise and prevent speculation, price manipulation and profiteering.

Organize research and seriously implement Decree No. 232/2025/ND-CP dated August 26, 2025 of the Government amending and supplementing a number of articles of Decree 24/2012/ND-CP, effective from October 10, 2025. Violations, acts of manipulation and monopolization of the gold market will be strictly handled according to the provisions of law.

Previously, on the afternoon of September 9, the State Bank of Vietnam held a meeting with credit institutions and enterprises to thoroughly grasp the Prime Minister's direction related to the gold market and implement Decree 232 dated August 26, 2025 amending and supplementing Decree 24/2012 on the management of gold trading activities.

AN PHUC

Source: https://baohaiphong.vn/tuan-thu-nghiem-cac-quy-dinh-ve-quan-ly-hoat-dong-kinh-doanh-vang-520426.html