Hanoi, May 28 -- Party General Secretary To Lam recommended the completion of a legal framework to better connect the domestic gold market with international markets while speaking at a working session on May 28 with the Party Central Committee's Commission for Policies and Strategies on mechanisms and policies for more effective management of the gold market. In his concluding remarks, the Party leader acknowledged recent positive improvements in related regulations. However, he also highlighted a number of persistent shortcomings, including outdated regulatory mechanisms, slow reforms, gold smuggling, foreign currency outflows, and monopolistic practices within the market. The Party chief called for a decisive shift from an administrati...
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