An inter-sectoral inspection team will be established on September 9 to examine compliance with policies and laws by credit institutions and enterprises engaged in gold trading, according to a directive from Permanent Deputy Prime Minister Nguyen Hoa Binh.

The inspection will cover activities related to gold trading, anti-money laundering, and the issuance and use of invoices and documents, along with other relevant issues.

The Government Inspectorate will coordinate with the Ministry of Industry and Trade, the Ministry of Finance, the Ministry of Public Security, and the State Bank of Vietnam (SBV) to carry out the task.

If signs of violations are found, evidence will be transferred immediately to the Ministry of Public Security. Inspection results must be submitted to the Prime Minister within September.

The SBV was also directed to urgently and decisively implement measures to strengthen state management, ensuring a safe, transparent, and sustainable gold market.

Additionally, the central bank must provide weekly reports on gold market developments to the Prime Minister and the Permanent Deputy PM.