📋 Tender Overview
The State Bank of Vietnam (SBV) requires Vinhomes Joint Stock Company (VHM) to ensure full compliance with legal regulations when implementing programs related to supporting customers using gold in real estate transactions. Download All programs related to real estate transactions need to comply with current legal regulations. Information was released by the State Bank on May 29, after the introduction of the program to support customers using gold for real estate transactions appeared on the website and in reports of Vingroup and Vinhomes. According to the management agency, all programs related to real estate transactions need to comply with current legal regulations, including the Law on Credit Institutions. Application, Foreign Exchange Ordinance, Decree 24/2012/ND-CP on management of gold business activities (amended and supplemented in Decree 232/2025/ND-CP), along with regulations on real estate business and protection of consumer rights. Proposal to amend the Law on Real Estate BusinessAccelerate building a data system, real estate market transparency in 2026Balance real estate supply, Bringing house prices to a reasonable levelBuilding and managing information systems and databases on housing and the real estate marketPrime Minister: Build and publicize real estate data and control real estate prices right from the start. The State Bank also recommends that businesses implement the program in a way that avoids adverse impacts on the market, businesses and people, as well as does not affect state management in the monetary and banking sectors. This agency said the consistent view of The Party and Government are to encourage the conversion of gold resources among the people to serve socio-economic development, while limiting gold hoarding, gold speculation and preventing the phenomenon of goldization of the economy. According to current regulations, gold cannot be used as a means of payment. Therefore, activities related to gold are always closely monitored, managed and supervised by the State Bank to ensure compliance with the law. The State Bank emphasized that all programs that have elements of mobilizing capital in gold or using gold as a means of direct or indirect payment by any organization or individual must comply with the law. In case a violation is detected, the authorities will strictly handle it according to regulations. In addition to management work, the State Bank said it is ready to guide and support organizations and individuals with new initiatives under the management of the banking industry, with the goal of contributing to promoting production, business activities and the countrys economic development. Huy Thang
