[REVISION HISTORY]

Vietnam gold and monetary market regulation

Updated 1 time since CLSTR started tracking revisions of this situation.

What changed

2026-08-14 00:43 UTC → 2026-08-14 01:52 UTC · added ~~removed~~

Authorities in Vietnam have initiated measures to stabilize the gold and foreign currency markets while managing broader monetary policy. In Hanoi, officials issued Directive 20 to strengthen state management and prevent violations such as illegal trading and money laundering. This directive involves coordination between the State Bank of Vietnam, tax authorities, and the police to monitor gold businesses and ensure tax compliance. Following these local efforts, Prime Minister Lê Minh Hưng issued directives to credit institutions to reduce costs and stabilize interest rates. The Prime Minister emphasized the need for the banking sector to prioritize macroeconomic stability, inflation control, and digital transformation to support sustainable economic growth. Recent enforcement actions have reinforced these objectives. Under Directive 20, tax authorities are instructed to inspect at least one gold or silver business per local unit, while the State Bank and Department of Industry and Trade monitor market fluctuations. To support potential double-digit economic growth, the Prime Minister has instructed the State Bank of Vietnam to manage monetary policy with a focus on maintaining macroeconomic balances and ensuring system safety. He further emphasized that the banking sector must transition toward greater safety, efficiency, and modernity by balancing credit growth with risk control and integrating digital transformation with data security.

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