The Vietnamese government is pushing for the operation of a gold and cryptocurrency exchange by February 28, 2026.

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The government has just issued Resolution No. 23/NQ-CP following the regular government meeting in January 2026, which emphasizes the requirement for proactive, flexible, and effective monetary policy management, closely coordinating with selective expansionary fiscal policy to maintain macroeconomic stability, control inflation, and ensure the major balances of the economy. The government aims for GDP growth of approximately 8% in the first quarter of 2026, and strives for a growth rate of 10% or higher for the whole year.

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A notable point in the Resolution is the urgent directive to put into operation cryptocurrency, gold, and real estate trading markets before February 28, 2026. Accordingly, the Government requires the pilot implementation of a cryptocurrency exchange platform, while simultaneously completing and putting into operation gold and real estate trading markets, ensuring safety, soundness, openness, and transparency.

Simultaneously, the government has also directed the acceleration of the formation and effective operation of an international financial center in Vietnam, aiming to attract Capital flows from global financial institutions, banks, and investment funds. This is XEM an important foundation to support the development of new asset markets in the future.

Regarding the real estate sector, the Resolution continues to emphasize the requirement to develop the market in a safe and sustainable direction, focusing on promoting the Vai of the National Housing Fund, accelerating the construction of social housing, especially rental housing. The Government aims to complete over 158,000 social housing units in 2026, while also requiring state-owned economic groups and corporations to accelerate production and business activities from the beginning of the year, striving for a minimum 10% growth in output or revenue.

Previously, in a directive dated January 24th, the Prime Minister requested the State Bank of Vietnam to urgently complete the research, assessment, and proposal for establishing a national gold exchange or trading floor, and report to the Standing Committee of the Government within January. The National Assembly has also repeatedly urged the Government to promptly present a roadmap and appropriate solutions to stabilize the gold market.

After more than a decade of managing the gold market primarily through administrative measures, Vietnam's gold policy is entering a crucial adjustment phase. Decree 232/2025/ND-CP, amending Decree 24/2012/ND-CP, has ended the state monopoly on gold bar production, paving the way for a more institutional and market-based approach.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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