Gold, property trading floors to operate before February 28

Gold, property trading floors to operate before February 28

Tax, fee and land rent support policies for people and businesses will continue to be implemented.

People line up in front of a gold shop in Hà Nội. — VNA/VNS Photo Thế Đoàn

The Government has directed relevant agencies to start operating trading floors for crypto assets, gold and real estate before February 28, under a resolution from the regular Government meeting for January 2026.

Resolution 23/NQ-CP requires close monitoring of domestic and global developments and the flexible and effective management of monetary policy in coordination with reasonably expansionary and targeted fiscal policy and other macro-economic measures. 

The goal is to maintain macro-economic stability, control inflation and ensure major economic balances, striving for GDP growth of around 8 per cent in the first quarter of 2026 and at least 10 per cent for the full year.

Interest rates, exchange rates and credit growth are to be managed in line with macro-economic conditions and policy objectives to stabilise the monetary and foreign exchange markets, ensure liquidity and safeguard the banking system. 

Credit institutions are instructed to strictly control bad debts and improve credit quality, while directing capital towards production, business activities and priority growth drivers. The stock and corporate bond markets are to be managed to ensure stable, safe and efficient development.

The Government also called for strengthened fiscal discipline, prevention of revenue losses and expansion of the tax base, particularly in e-commerce, food services and retail, with State budget revenue in 2026 targeted to exceed the 2025 figure by at least 10 per cent.

A key requirement is the urgent establishment and effective operation of an International Financial Centre in Việt Nam to attract global financial institutions, banks and investment funds. Authorities are tasked with piloting a crypto asset exchange and launching trading markets for crypto assets, gold and real estate before February 28, ensuring safety, transparency and sound operations.

The resolution also reiterates the need to develop the real estate market in a safe and sustainable manner, promote the effectiveness of the National Housing Fund and accelerate social housing construction, particularly rental housing, with a target of completing more than 158,000 social housing units in 2026. 

State-owned economic groups and corporations are urged to boost production and business activities this year, aiming for output or revenue growth of at least 10 per cent.

Efforts will be intensified to accelerate key national transport projects and inter-regional infrastructure, while promoting industrial and agricultural production and ensuring national energy and food security. Traditional growth drivers are to be reinvigorated, and new ones such as science and technology, innovation, digital transformation and green and circular economic models are to be promoted, along with attracting foreign investment.

The Government emphasised trade promotion and market development, targeting retail sales of goods and consumer service revenue growth of 13–15 per cent in 2026. It also called for continued efforts to combat illegal, unreported and unregulated fishing to remove the European Commission’s 'yellow card' warning at the earliest possible time.

In addition, ministries and localities are instructed to immediately implement measures to save 10 per cent of recurrent expenditure estimates to supplement spending on social security, while ensuring that all citizens are well cared for during the Lunar New Year festival.

Bizhub