Ministry of Public Security to trace demonetisation rumour-monger
Ministry of Public Security to trace demonetisation rumour-monger
The Prime Minister Nguyen Xuan Phuc on Tuesday directed the Ministry of Public Security to trace the person who spread the rumour that Viet Nam would replace the current banknotes with new ones.
Reaffirming that the spread of the rumour had the wrong intention to cause a negative impact on Viet Nam’s economy and investment environment, Phuc said this kind of false information strongly affected the nation’s macro stability.
Previously, Deputy Governor of the State Bank of Viet Nam Dao Minh Tu rejected the news, saying rumours of an upcoming demonetisation process by the Vietnamese central bank are false and groundless.
Tu called on people to be alert against false information as it could affect national monetary security, at a time when the country is enjoying stable economic conditions.
“Given our stable and developing economic conditions, this type of information is harmful. I reassert that this information is fabricated,” Tu said.
The Government made the decision to trace the person after the local media recently reported that locals were rushing to buy gold and foreign currencies due to fears that Viet Nam would initiate a process to change banknotes.
