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Housing

Government Implements Measures to Control Gold Market and Address Real Estate Concerns

Strategic Insights

— 2 min read

Deputy Prime Minister Le Thanh Long announced on October 30 at the 15th National Assembly's 10th session that the government is taking action to stabilize the gold market and address difficulties in the real estate market, aiming for healthy and sustainable development. The government has implemented various measures, including strengthening monitoring efforts, amending Decree 24 to reduce gold management monopolies, and developing a gold trading floor. Long emphasized that the government recognizes the challenges in the real estate market, including high and volatile housing prices, and is taking comprehensive solutions to address these issues.

Key Takeaways:

  • The government is implementing measures to control the gold market, including strengthening monitoring efforts, reducing gold management monopolies, and developing a gold trading floor.
  • The Deputy Prime Minister, Le Thanh Long, stated that the government is addressing difficulties in the real estate market, including high and volatile housing prices, and is taking comprehensive solutions to address these issues.
  • The government aims to promote social housing development, targeting 1 million units by 2030, with 165 projects completed, providing 117,000 homes, and expected to meet 60% of the target by the end of 2025.
  • The Public Investment Disbursement rate is 51.7% as of October 23, slightly higher than the same period last year, with 465 trillion VND disbursed, an increase of 116 trillion VND compared to 2024.
  • The government has recognized the challenges in the real estate market, including high and volatile housing prices, and is taking comprehensive solutions to address these issues, including amending and supplementing laws on land and the real estate market.
  • The Deputy Prime Minister acknowledged that the overall progress of public investment disbursement still falls short of expectations.

Statistics:

  • The total gold sale in the first nine months of 2025 reached 23.3 trillion VND.
  • The world gold price reached 4,380 USD per ounce, with the gap between domestic and international gold prices sometimes approaching 20 million VND (760 USD) per tael.
  • 465 trillion VND has been disbursed as of October 23, an increase of 116 trillion VND compared to the same period in 2024.
  • The Public Investment Disbursement rate is 51.7% as of October 23.
  • 1 million units of social housing are targeted for development by 2030.
  • 117,000 homes have been completed, and 165 projects have been completed, meeting 60% of the target by the end of 2025.

Sources:

  • Deputy Prime Minister Le Thanh Long, statement on October 30 at the 15th National Assembly's 10th session.
  • The Ministry of Construction, data on social housing development.

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