A viable solution exists to balance the gold market’s supply and demand without allowing policy exploitation. This includes implementing measures for inspection, oversight, and monitoring to prevent speculation, hoarding, and gold smuggling.
This directive comes from the Prime Minister in Announcement No. 499, which summarizes the meeting with the Policy Advisory Council, recently issued by the Government Office.
The Prime Minister mandates a feasible solution to balance the gold market’s supply and demand without enabling policy exploitation.
The Prime Minister also urges relevant ministries to promptly issue guidelines for the effective implementation of Decree No. 232 dated August 26, 2025, which amends and supplements certain provisions of Decree No. 24/2012/NĐ-CP on gold trading management.
Regarding macroeconomic stabilization and consumption stimulation, the Prime Minister directs continuous, comprehensive risk monitoring of the economy. This includes maintaining focused fiscal policies, proactively and flexibly managing monetary policies, and ensuring practical effectiveness.
Additionally, diversifying capital sources, increasing government bond issuance for major projects, balancing interest rates and exchange rates, and accelerating public investment are key. The Prime Minister emphasizes the commitment to disbursing 100% of public investment capital in 2025, alongside modernizing the stock market and stabilizing Vietnamese currency interest rates.
To achieve growth targets, the Prime Minister calls for boosting domestic production and business, reducing input costs, and enhancing goods competitiveness. This involves studying tax levels suitable for Vietnam’s context.
Measures include raising the taxable income threshold for domestic business households, conducting thorough, practical research on corporate income tax rates, and further reducing fees and input costs for businesses to enhance Vietnamese goods’ competitiveness domestically and internationally.
On the real estate market, the government leader stresses implementing comprehensive solutions addressing supply-demand, fiscal, and land issues. With persistent high demand for housing, increasing supply is crucial.
Specific actions involve expediting legal resolutions for stalled real estate projects, streamlining administrative procedures in investment and construction, boosting social housing supply, and controlling real estate inventory.
Prime Minister: Breakthrough Solutions Needed for Housing Policies and Real Estate Market
The Prime Minister has called for a significant increase in housing supply to balance market demand and supply dynamics. This initiative aims to identify and address bottlenecks, policy hurdles, and challenges within the housing and real estate sectors. By thoroughly analyzing these issues, the goal is to derive actionable insights and lessons, leading to innovative solutions. These measures are expected to drive substantial breakthroughs in housing policies and the real estate market by the end of this year and into the next, ultimately fostering robust growth.
Da Nang Condo Prices Skyrocket in Volatile Market Surge
“With apartment prices soaring daily and limited availability, I’ve been searching for months but still haven’t found a suitable option. In the 2 billion VND range, it’s incredibly challenging to secure a good deal,” shared 35-year-old Xuan Hoang.
Rare Fluctuations in the VND/USD Exchange Rate
Last year, the Vietnamese Dong (VND) depreciated by approximately 5%, according to economist Can Van Luc. This year, the US Dollar (USD) has weakened by around 10%, while the VND has further declined by 3.4%. Such a rare phenomenon highlights the complex dynamics between these two currencies.
Afternoon of September 19th: Gold Ring Prices Continue Downward Trend
As of the morning of September 19th, SJC gold prices remain relatively stable compared to the previous day’s close, trading within the range of 130.0 to 132.0 million VND per tael. Meanwhile, prices for plain gold rings continue to decline, dropping by approximately 200,000 to 300,000 VND per tael.
Phan Đình Phùng Sports Center Project Slated for Q3 2027 Groundbreaking
At the press conference on September 11th, addressing socio-economic issues in Ho Chi Minh City, the Department of Finance provided an update on the current status of the Phan Dinh Phung Sports Center construction project in District 3 (formerly known as District 3).
