“The State Bank of Việt Nam (SBV) will work with ministries and branches to carefully research the establishment of a gold exchange before proposing it to the Government at an appropriate time, SBV’s Governor Nguyễn Thị Hồng said on Monday. “The establishment of a gold exchange requires the SBV to coordinate with ministries and branches to research and assess the impact very carefully. The SBV will advise and propose to the Government the establishment of a gold exchange at an appropriate time,” Hồng said.
Lưu Văn Đức, a deputy of NA’s delegation of Đắk Lắk Province, said the Prime Minister on April 2024 assigned the SBV and relevant ministries and agencies to urgently and effectively take solutions to stabilize and manage the gold market. Đức therefore asked the Governor to elaborate on SBV’s works to date and its impacts on gold prices and the gold market in the present and the future.” – Viet Nam News
Source: SBV To Propose Establishing Gold Exchange At “Appropriate” Time
SBV To Propose Establishing Gold Exchange At "Appropriate" Time
