Government urged to probe gold traders to prevent possible market manipulation

The National Assembly (NA) Standing Committee has asked the Government and the Prime Minister to investigate gold trading firms to promptly address any violations in business activities and possible market manipulation, amid soaring domestic prices.
Government urged to probe gold traders to prevent possible market manipulation ảnh 1National Assembly Standing Committee's 32nd session (Photo: VNA)
Hanoi (VNA) – The National Assembly (NA) Standing Committee has askedthe Government and the Prime Minister to investigate gold trading firms to promptlyaddress any violations in business activities and possible market manipulation, amid soaring domestic prices.

The content was included in a report onombudsman work in March delivered by head of the NA Standing Committee'sOmbudsman Commission Duong Thanh Binh at the committee’s ongoing 32nd session on April 16.

The committee also required the Government todirect relevant ministries and sectors to closely monitor the fluctuations in supply, demand, and market prices of important and essential goods to takeappropriate adjustment, strengthen goods control activities, andstabilise the market.

It is necessary to have timely solutions tosupport localities suffering subsidence and landslides in terms of funding andsolutions to protect property and people's lives, as well as transportation andirrigation systems serving production; and seek ways to re-planthe transportation and irrigation systems, and rearrange production andpopulation in a concerted and effective manner.

The Ministry of Agriculture and RuralDevelopment was requested to take actions to effectively implement forest firefighting and prevention, combat saline intrusion, and ensure fresh water supplyfor daily life and production in the Mekong Delta.

The Ministry of Public Security needs to strengthen the fight, prevention, and handling of fraud and gambling crimes in cyberspace, while the Ministryof Health should provide guidance on prevention and control of infectiousdiseases and take preventive measures to promptly containing them./.
VNA

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