PM urges for solutions to mobilize gold bars

(VOVWORLD) -Prime Minister Pham Minh Chinh, in an official dispatch on Sunday, asked the State Bank of Vietnam to go ahead with a proposal on the establishment of a national gold exchange.

PM urges for solutions to mobilize gold bars  - ảnh 1Prime Minister Pham Minh Chinh delivers a speech. Photo: VOV

He also requested the banking sector's regulatory body to report on solutions to attract foreign currency and gold bars from the public, which will be converted into capital for the economy.

In the dispatch, the Prime Minister also addressed solutions for managing monetary and fiscal policies this year. He requested the Ministry of Finance to manage expansionary fiscal policy appropriately and coordinate it closely with monetary, while effectively mobilizing domestic and foreign resources, developing the capital market, attracting foreign direct investment (FDI), and creating medium- and long-term capital channels for the economy.

The Ministry of Finance was also tasked with piloting a cryptocurrency exchange, officially launching the International Financial Center in February, and developing the carbon market. It needs to work out solutions to support small and medium-sized enterprises in accessing finance and improve the National Investment Single Window.

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