Prime Minister Pham Minh Chinh has requested the State Bank of Vietnam (SBV) to soon establish a national gold exchange or trading floor, according to a report from the Government News.
In Prime Ministerial Directive 06/CT-TTg, dated February 23, 2026, the SBV was asked to closely monitor the gold market and synchronously implement solutions to manage gold trading activities.
The SBV was assigned to work with relevant agencies and localities to effectively monitor monetary policy, fiscal policy and other macroeconomic policies, while steadfastly maintaining the 2026 average inflation target of around 4.5 per cent.
The SBV was tasked to direct credit institutions to ensure safe and effective credit growth, channeling credit into production and business activities, priority sectors, and key economic growth drivers.
The central bank needs to take measures to control and resolve bad debts, improve credit quality, limit the emergence of new bad debts, and ensure the safe and stable operation of the credit institution system, according to the Directive from the Prime Minister.
According to SBV Deputy Governor Pham Tien Dung, the proposed gold trading floor is a coordinated policy step to complete market infrastructure and regulations as directed by the Party General Secretary and the Prime Minister, aiming to unlock gold reserves held by Vietnamese households, enhance transaction transparency, and strengthen the State's management of the market.
Additionally, the gold exchange will provide transparent data for analysis, forecast, and policy making. When integrated and processed in a timely manner, the data will serve as a valuable supplementary source of information for monetary policy governance.
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