This request is outlined in official dispatch 161, issued by the prime minister on 11/9/2025. The report, addressed to the prime minister and deputy prime minister Ho Duc Phoc, is due before 14/9. Based on this report, deputy prime minister Phoc will convene a meeting with the governor, the deputy governor in charge, and relevant ministries and agencies.

The deputy prime minister has also requested a report from the minister of finance on the stock market (stocks, derivatives, and bonds), including proposed management solutions. This report is due to leadership before 15/9, after which the deputy prime minister will meet with the finance minister, the deputy minister in charge, and relevant ministries and agencies.

Buying gold at a jewelry store in Binh Thanh district, 3/2025. Photo: Quynh Tran

Buying gold at a jewelry store in Binh Thanh district, 3/2025. Photo: Quynh Tran

These directives come amidst recent fluctuations in the gold, stock, and exchange rate markets.

At a government meeting on 6/9, prime minister Chinh urged deputy prime ministers and relevant agencies to assess the situation, propose appropriate solutions, and implement timely policy responses in various management areas, including the gold, real estate, and stock markets.

The prime minister described the fluctuations in gold prices as "very noteworthy." He stated that he had directed relevant authorities to intervene and prevent market manipulation, hoarding, and price gouging in the gold market. The state bank's inspectorate has also been instructed to actively investigate. If necessary, the government inspectorate will examine instances of hoarding, price gouging, and market manipulation.

Regarding the stock market, the prime minister noted that the flow of capital into production and business is positive. To maintain control, he requested relevant parties to accurately assess recent developments and determine whether price inflation or market manipulation is occurring.

Persistent core inflation above 3% for several months, high credit growth, and exchange rate fluctuations are also creating significant pressure on the management policies of banking and financial authorities.

Phuong Dung